Savings Accounts
Find answers to common questions for our Vault Product, which allows you to spread your funds across multiple banks enhancing FSCS protection eligibility and earning yield
What is Vault?
How can I see what interest has been earned on the account since the funds were placed?
What is a fixed term account?
One of my accounts has/is close to maturing, what happens now?
Once my deposit lands, do I need to allocate it into my accounts?
What is a notice account?
How do I provide notice on a term account?
How are the ‘spoke’ accounts structured?
What is an easy access account?
I’m already banking with X, how do I exclude them?
What happens when my deposit lands in the Hub account? When will it start getting distributed to the underlying bank accounts?
I want to deposit less than I initially planned, does this matter?
Why is the deposit to a bank account in Insignis’ name?
I deposited X, why am I only seeing Y?
What currencies can I deposit in?
Why do I need to provide a reference with my deposit?
What are the fees that Round charge for Vault?
What is an illustration?
How is interest accrued and paid?
What reporting can I get for my Vault account?
Can I change my liquidity preferences after the fact?
Who are Insignis?
I have funds that aren’t FSCS protected, what do I do?
I have funds in my Hub account, what do I do?
What KYB do I need to provide?
What is my Hub account?
If I withdraw funds from Vault, how does this impact the fee reserve amount?
Can I change the account my funds are withdrawn to?
If I request to withdraw from a notice account, will any future interest earned be withdrawn with it?
Can I schedule a withdrawal?
How long does a withdrawal take?
Can I withdraw from each account directly?