Yes, Cashplus is a bank!
In February 2021 we were very excited to announce that we had become a bank and we’d be able to offer even better products and features to our customers.
In regulatory terms, Cashplus (the trading name of Advanced Payment Solutions Limited, (APS)), is a bank – authorised and regulated by the Financial Conduct Authority, with FRN 900002.
Any funds you deposit into a Cashplus Bank Account are kept safe under FSCS protection, For more information, please visit our FSCS information page
Yes, Cashplus are a member of the Financial Services Compensation Scheme (FSCS). Find out more information about FSCS protection.
Terms and Conditions apply, including applicants being resident in the UK & aged 18+ and, if relevant, businesses being based in the UK.
For full website terms including information on Cashplus Bank, Mastercard and use of Trademarks, please see our full legal disclosures at https://www.cashplus.com/legal/.
Advanced Payment Solutions Limited (APS), trading as Cashplus Bank, is registered in England and Wales at 6th Floor, One London Wall, London EC2Y 5EB (No.04947027). APS is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority under Firm Reference Number 671140.
APS provides credit facilities subject to approval and affordability, and where accounts continue to meet APS credit criteria.