Depoway Blog

Follow the blog for product announcements, feature updates, user stories, and saving hints

Product

What is deposit laddering and how does it work?

You know what we're all about, or at least we hope you do. Maybe you've skipped our other posts and somehow found yourself here? Perhaps we…

Product

How do Depoway make it possible for you to get a better interest rate?

Through our innovative approach to savings, you can earn market-leading annual interest rate up to 1.20%. With the Bank of England base rate…

Saving

Why a Fixed Income is important for your savings?

So, you’ve managed to put some money aside and you want to make sure that you get a decent return on it. It can be pretty daunting to put…

Saving

How Should I Structure My Savings?

It’s important to have money set aside in case of unplanned expenses and costs, but saving should also help you set up a better financial…

Saving

Portfolio diversification - why it is so important?

When running any kind of singular investment portfolio, you might notice just how risky it is. Having all of your eggs in the one basket is…

Saving

You’re losing money in your savings account — here’s why

In this article, we show you why saving in your typical low-interest-rate savings account means that you’re likely losing money. As the…

A new way of saving!

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Depoway Savings app is offered by Depoway Ltd. Depoway Ltd is a private company limited by shares incorporated in England and Wales with the company number 12820673. The registered office address is at Office 300b, 182-184 High Street North, E6 2JA London, UK.

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FSCS insurance

Customer funds are held by Depoway in trust on its behalf with savings accounts provided by Depoway partner banks. These are insured by the Financial Services Compensation Scheme (FSCS). Customer funds are insured by the FSCS up to 85,000 GBP per bank. However, it should be noted that this insurance limit applies to all customer funds held in a given bank, including those outside the Depoway Savings app. The customer is obliged to control their funds covered by the insurance in a given bank. For more information on FSCS insurance, please visit here.

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