Soldato
Uninvested balances in 212 are not always protected.
Is Trading 212's 'Interest on Cash' Protected by FSCS?
Trading 212 are currently offering large interest on unused cash inside your Stocks & Shares ISA or 'Invest' account. This option is called 'Earn interest on...m.youtube.com
Yes the top comment on that video is: "This information only applies to two of Trading 212's account types: Stocks & Shares ISA and 'Invest' accounts, it does not apply to their new Cash ISA."
The Cash ISA is safu.
The others are probably safe via QMMF's as well to be fair. The only time anyone lost money in MMF's was back in 2008 and apparently it was a total loss, but a few % was lost. QMMF's were then made which are made to be safer than the MMF's that people lost money on back then.
I'm fine with some money in the QMMF's but wouldn't stake my entire net worth on it.