Egidio
Prevention and reimbursement

Before the claim.

A reimbursement scheme pays out after the fact, under conditions. A smoke detector — and a fire extinguisher — act before, unconditionally. Here's what Barclays, HSBC, Lloyds, Monzo, Starling, Nationwide and the UK's mobile networks actually offer, in their own words, with links to the official sources.

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The framework, in one paragraph

Since 7 October 2024, UK banks and payment providers have a legal obligation — not a goodwill gesture — to reimburse most victims of Authorised Push Payment (APP) fraud, under mandatory rules set by the Payment Systems Regulator. Reimbursement is capped at £85,000 per claim, providers can apply an excess of up to £100, and the decision is due within 5 business days (up to 35 for complex cases). Card payments, cash, cheques and international transfers sit outside this specific scheme. We cover the legal mechanics in full, with the Financial Ombudsman escalation route, on our dedicated APP fraud reimbursement page. What this page covers instead: what each individual bank and network actually does, beyond the baseline the law requires.

What each one actually offers

Barclays Online & Mobile Banking Guarantee reverses unauthorised payments; APP fraud claims since 7 Oct 2024 follow the mandatory PSR timeline. Card, cash, cheque and international-transfer scams sit outside this specific guarantee.
HSBC UK Free "Fraud and Cyber Awareness" app — open to non-customers too — with real-time scam alerts and a self-test quiz. Business customers also get "Call Status", to verify a call genuinely comes from HSBC.
Lloyds "Scam Check": an AI feature in the app that reviews screenshots and seller details before you pay a new payee for an online purchase, flagging red flags like implausibly low prices. £100m invested in fraud tech since 2023; over £1bn in fraud prevented in 2025.
Monzo Reimburses within 5 business days (up to 35 for complex claims), capped at £85,000, may withhold the first £100. Before the 2024 rules, independent data showed Monzo reimbursed only around 22% of reported APP fraud value in 2022 — the mandatory rules now set a legal floor that didn't exist then.
Starling Same mandatory PSR reimbursement rules apply since October 2024. Starling's own guidance emphasises spotting "safe account" scams — a fraudster posing as your bank or the police, urging you to move money to a new account for "safekeeping".
Nationwide Monitors accounts 24/7; will proactively block your card and send a fraud-alert text or automated call the moment unusual activity is spotted — before you report anything yourself.
Revolut Same mandatory PSR reimbursement rules apply (£100 excess, 13-month reporting window), but only for transfers between UK accounts — payments to a non-UK account fall outside the scheme entirely. In-app: instant card freeze, 24/7 in-app fraud reporting, and automated + human review of unusual activity.

What your mobile network already blocks

Every major UK network now runs scam-call and scam-text filtering by default: EE's Scam Guard and Call Protect, O2's free spam-call identification, Vodafone's Secure Net flagging, and Three's automatic scam-call filter. Collectively, UK operators blocked 2.7 billion scam text messages, including 97.1 million in January 2026 alone. Ofcom's newest rules commit BT, EE, VodafoneThree and Virgin Media O2 to block spoofed calls — foreign call centres impersonating a UK number — across their networks. None of this reaches WhatsApp, Telegram, Messenger or any other messaging app: network-level filtering stops at the call and SMS layer.

Organisation Product or scheme Displayed price Coverage / limit What's excluded or not covered
Payment Systems Regulator Mandatory APP fraud reimbursement n/a — legal requirement up to £85,000, £100 possible excess Card payments, cash, cheques, international transfers; provider can refuse if you ignored a specific, clear warning
Barclays Online & Mobile Banking Guarantee n/a — included reverses unauthorised transactions Payments you authorised yourself follow the separate APP fraud route, not this guarantee
Lloyds Scam Check (AI purchase screening) n/a — included in app flags suspicious online-shopping payments before you send them Prevention aid, not a guarantee — does not itself change your reimbursement rights if a scam gets through
Monzo APP fraud reimbursement n/a — legal requirement up to £85,000, decision in 5–35 business days Same exclusions as the PSR scheme; historically among the lowest reimbursement rates pre-2024
Egidio Detection and blocking £29.99/yr calls and 183+ messaging apps does not reimburse — acts before the transfer is ever approved

Sources, captured 30/07/2026 — Barclays, Fraud Protection · HSBC, Fraud and Cyber Awareness app · Lloyds Banking Group, Scam Check launch · Monzo, APP fraud reimbursement · Finextra, PSR 2022 performance data · Starling, Protecting yourself from APP fraud · Nationwide, Safe account scams · Revolut, APP fraud reimbursement · ISPreview, UK operators scam-SMS blocking, Jan 2026.

What this table shows, and what it doesn't. We report only what each organisation states publicly about its own products. Reimbursement decisions are always case-by-case, and features like Scam Check are aids, not guarantees. Prices, limits and features change — re-verify before relying on any of them for a decision. For the full legal mechanics of the mandatory reimbursement rules, see our dedicated page.

The sentence that carries this page

Monzo's own help documentation states it plainly:

"If we reimburse you, we may not pay the first £100 of your claim." That's Monzo's own wording, describing the excess a bank is legally allowed to deduct even from a successful reimbursement claim under the mandatory rules. Even when the system works exactly as designed, the first £100 of the loss is yours to absorb.

The maths

One comparison, using the confirmed figures above:

The mandatory excess vs. Egidio's annual cost

The £100 excess a bank can deduct from even a successful APP fraud claim, against Egidio's full annual subscription:

£100 (mandatory excess) vs. £29.99/yr for Egidio
Egidio costs less than a third of the excess you'd still owe after winning your claim

Why we do this work

Someone who buys a smoke detector is entitled to more than a plastic box: to know how a fire starts, what to do in the first minutes, and what no device will do for them. That's the minimum owed to someone who trusts you with their safety.

This work — sourcing, verifying, publishing, correcting — is slow and demands discipline. It is within reach of every major player in this space: several are publicly traded companies with resources far beyond ours. If they don't do it, that isn't a question of resources. It's a choice.

At Egidio, the choice has been made. You're entitled to it, so you have it.

What Egidio does not do

Egidio is not a bank, an insurer, or a reimbursement scheme. It does not process claims, does not reimburse any loss, and does not replace your bank's fraud protection, your network's call filtering, or your right to escalate to the Financial Ombudsman Service. Egidio acts upstream: detecting and blocking the scam attempt before any payment is even considered — not after.

Frequently asked questions

Will my UK bank always reimburse me if I'm scammed?

Usually yes, but not automatically and not always in full. Since 7 October 2024, most UK banks and payment providers must reimburse victims of Authorised Push Payment (APP) fraud under mandatory Payment Systems Regulator rules — up to £85,000, with a possible £100 excess. Card payments, cash, cheques and international transfers fall outside this specific scheme. See the full breakdown →

Do Monzo and Starling reimburse scam victims as reliably as high-street banks?

Both are bound by the same mandatory PSR rules since October 2024. Before that, independent reporting found Monzo and Starling among the worst performers for APP fraud reimbursement rates, according to Payment Systems Regulator data covering 2022 — Monzo reimbursed roughly 22% and Starling roughly 37% of reported scam value that year. The 2024 rules apply equally to all participating providers now.

What is Lloyds' Scam Check tool and does it guarantee protection?

Scam Check is an AI feature embedded in the Lloyds app that reviews an online purchase — screenshots, seller details, price — before you pay a new payee, flagging signs like implausibly low prices or newly created seller accounts. It's a prevention aid, not a guarantee: it doesn't replace your own judgement, and it doesn't change your reimbursement rights if a scam still gets through.

Does Egidio replace my bank's fraud protection or my mobile network's scam filtering?

No. Egidio is not a bank, an insurer, or a reimbursement scheme. It does not process claims and does not replace any protection your bank or network already provides. It acts upstream — detecting and blocking the scam attempt itself, across calls and 183+ messaging apps — before any payment is even considered.