Your Money is Covered!
Posted on Nov 21, 2025Looking after your savings is at the heart of everything we do and now, you can enjoy even greater peace of mind. Your savings with Penny Post Group, a combination of Voyager Alliance, RetailCU and Penny Post, are protected by the Financial Services Compensation Scheme (FSCS), and from 1st December 2025, the FSCS protection limit will increase from £85,000 to £120,000.
This change means your money is now safer than ever.
What Does This Mean for You?
The increase in the safe savings limit, from £85,000 to £120,000, means that, in the unlikely event something were to happen to Penny Post Group, the FSCS Deposit Guarantee Scheme would repay your savings up to the new £120,000 limit.
It’s an extra layer of financial security designed to give you confidence that your hard-earned money will always be protected.
Do You Need to Do Anything?
No! As a UK credit union, all Penny Post Group members are automatically covered by the FSCS. The new protection limit will apply from 1st December 2025 without you needing to fill in forms, sign anything, or make any changes to your account.
It’s simply more protection.
Want to do more with your savings?
The safer savings limit might make you want to save more. The great news is Voyager Alliance has different savings accounts to suit your needs. Whether you’re looking to save for Christmas, a rainy day, a younger member of your family or even looking for a savings account with an opportunity to win £5,000 every month, we’ve got an option for you!