Tools
Deposit protection
FSCS, FDIC, DICGC, FCS — the scheme is per legal entity, not per app icon. Pick a country. We split who is actually under it.
India
Reserve Bank of India (RBI)
DICGC covers bank deposits up to Rs 5 lakh per depositor per bank
8 products on this desk name that scheme. 14 are live here without it.
Named under the scheme
- 7.3SolidNiyo GlobalPartner-bank DICGC only where a bank balance exists at that bank. The forex wallet is not the same object. Niyo is not the deposit-taker.Covered*
- 7.2SolidRazorpayXDICGC follows the partner bank on the statement.Covered*
- 7.1SolidOpenIf the current account is at a scheduled bank, DICGC can cover eligible deposits up to ₹5 lakh per depositor per bank at that bank. Open itself is not insured. Read the bank name on your statement.Covered*
- 7.1SolidNiyoPartner-bank DICGC where a bank balance exists; forex wallets differCovered*
- 6.9MixedJupiterDICGC on the partner scheduled bank, up to ₹5 lakh — not on the Jupiter brandCovered*
- 6.7MixedAirtel Payments BankAirtel Payments Bank Ltd is an RBI-licensed payments bank and a scheduled bank. DICGC lists Airtel Payments Bank Limited. Eligible deposits are DICGC-insured up to Rs 5 lakh per depositor per bank. RBI payments-bank rules also cap how much you may hold — read the live deposit policy on airtelpayments.bank.in. This is a bank class, not a PPI wallet. It is not a full commercial bank: credit/lending is restricted.Covered*
- 6.5MixedFino Payments BankFino Payments Bank Limited is an RBI payments bank. DICGC lists Fino Payment Bank Ltd. Eligible deposits follow DICGC up to Rs 5 lakh per depositor per bank. Payments-bank end-of-day balance limits still apply — read the live T&Cs. Merchant-point KYC is distribution, not a second licence.Covered*
- 6.5MixedIndia Post Payments BankIndia Post Payments Bank Limited is an RBI payments bank. IPPB’s own footer links DICGC Deposit Insurance. DICGC lists India Post Payments Bank Limited. Eligible deposits follow DICGC up to Rs 5 lakh per depositor per bank. Payments-bank end-of-day balance limits still apply — IPPB’s deposit policy restates RBI’s cap. Doorstep banking is distribution, not a second licence.Covered*
*On the entity and balance type they disclose. Always match the statement.
Live here — not that scheme
- 8.6StrongInteractive BrokersSIPC up to $500k (US entity) · local schemes on other entities — not a bank
- 8.6StrongWiseSafeguarded e-money at Wise Payments Limited — not FSCS. Wise’s own help: they do not lend customer balances; safeguarding is not a deposit-guarantee scheme. Local account details may sit at partner banks (US: Community Federal Savings Bank in some states).
- 8.6StrongRevolutEligible deposits at Revolut Bank UK Ltd: FSCS up to £120,000 per person (scheme cap from 1 Dec 2025; Revolut FSCS sheet). Revolut Ltd e-money is safeguarded, not FSCS (UK personal terms, 11 Dec 2025). New customers from 11 March 2026 may still be onboarded onto an EMI account with Revolut Ltd.
- 7.7SolidLedgerSelf-custody. No deposit scheme. The 24-word recovery phrase is the backup. Ledger cannot repay a lost phrase.
- 7.6SolidTrust WalletSelf-custody. No scheme.
- 7.6SolidBinanceNone in the bank sense. SAFU fund is a company programme, not a statutory scheme.
- 7.5SolidScapiaNot a deposit account. There is no DICGC on a credit-card limit. Federal Bank is the issuer of the card.
- 7.5SolidRedotPayStablecoins on the card are not bank deposits
- 7.4SolidMetaMaskSelf-custody. No scheme.
- 7.3SolidKastUSDC is not a bank deposit. No FDIC, no FSCS, no DICGC.
- 7.3SolidBybitNone statutory on crypto
- 7.2SolidPhonePeUPI pulls from the linked bank. PPI wallet float follows RBI prepaid rules, not a commercial-bank DICGC box on “PhonePe Bank”. There is no PhonePe Bank on this file.
- 6.7MixedFamAppPPI / partner — not a standalone bank
- 6.3MixedSliceCredit product first — not a DICGC savings account
01Is Revolut FSCS protected?
Only eligible UK bank balances at the authorised bank entity, up to £120,000 (from 1 December 2025). The e-money wallet is safeguarded, not FSCS. Read the statement, not the app icon.
02Is Chime FDIC insured?
Chime is not a bank. Eligible deposits at The Bancorp Bank, N.A. and Stride Bank, N.A. can be FDIC insured through those banks. Confirm the current partners in the app.
03Does Wise have deposit insurance?
No statutory deposit scheme on the Wise entity. Funds are safeguarded as e-money. Local bank details may sit at partners — that is not the same as you holding an FSCS or FDIC account at Wise.