> ## Content Index > Fetch the complete content index at: https://blog.erlancarreira.com.br/llms.txt > Use this file to discover other available public pages before exploring further. # FGC: Coverage Limits by CPF and Financial Institution - URL: https://blog.erlancarreira.com.br/fgc-limites-cobertura-por-cpf-e-instituicao-en/ - Published: 2026-11-05T12:00:35.000Z - Updated: 2026-11-05T12:00:35.000Z - Author: Erlan da Silva Carreira The Credit Guarantee Fund (*Fundo Garantidor de Créditos* — FGC) is one of the most important mechanisms for safeguarding investors and account holders in Brazil. Understanding exactly how protection limits work is essential for building a fixed-income portfolio without unexpected surprises. In this article, we detail the current limits in accordance with official regulations, covering the per-institution cap and the overall limit per individual tax ID (CPF). --- ## What Is the Standard FGC Guarantee? The protection offered by the Credit Guarantee Fund directly covers popular fixed-income products, such as bank certificates of deposit (CDBs), mortgage notes (LCIs and LCAs), and traditional savings accounts (*caderneta de poupança*). According to the institution's official regulations, the **ordinary guarantee provided by FGC is up to R$ 250,000 per CPF and per financial institution or financial conglomerate**. ### How Is the Calculation Done in Practice? If you hold investments in a single financial institution (adding up the invested principal plus earnings up to the date of intervention or liquidation), the total protected amount is capped at R$ 250,000. If you diversify your assets across different banks, each institution provides its own isolated protection of up to R$ 250,000, provided they do not belong to the same financial conglomerate. --- ## The Global Cap of R$ 1,000,000 per CPF ![Ilustração editorial sobre FGC: Coverage Limits by CPF and Financial Institution (imagem 1 de 2)](https://blog.erlancarreira.com.br/content/images/2026/11/fgc-limites-cobertura-por-cpf-e-instituicao-inline-1.jpg) In addition to the per-institution limit, there is an aggregate rule that every larger investor should know in order to properly manage their risks. The **global cap of R$ 1,000,000 per CPF over each 4-consecutive-year period for the set of all member institutions** establishes the maximum amount that the same individual can receive in FGC compensation within that timeframe, even if they hold insured amounts across dozens of different banks. ### Summary Table of FGC Limits | Type of Limit | Maximum Amount | Scope of Application | | ------------------------- | -------------- | ------------------------------------------------------ | | **Per-Institution Limit** | R$ 250,000 | Per CPF and per financial institution or conglomerate. | | **Global Aggregate Cap** | R$ 1,000,000 | Per CPF, considering the sum over 4 consecutive years. | --- ## What Precautions Should You Take When Investing? To ensure your capital is fully protected, keep a few fundamental points in mind: 1. **Check the Conglomerate:** Smaller digital banks often use the same backend financial institution (the issuing bank of the CDB). Verify whether two different brands belong to the same corporate group. 2. **Monitor Your Returns:** The guarantee covers the principal plus accumulated interest up to the R$ 250,000 limit. If your investment exceeds this amount due to earnings, the excess will not be covered. 3. Read related content on financial security, such as the [FGC guarantee: what it covers and limits](https://blog.erlancarreira.com.br/garantia-fgc-o-que-cobre-e-limites) and the [complete fixed-income guide](https://blog.erlancarreira.com.br/guia-completo-renda-fixa). --- ## Risks and Limitations ![Ilustração editorial sobre FGC: Coverage Limits by CPF and Financial Institution (imagem 2 de 2)](https://blog.erlancarreira.com.br/content/images/2026/11/fgc-limites-cobertura-por-cpf-e-instituicao-inline-2.jpg) Although the FGC is a strong safety net, it does not cover all market assets. Equities, investment funds (except specific fixed-income funds covered under their own rules), corporate bonds (*debêntures*), and federal government bonds from *Tesouro Direto* do not use FGC protection — although *Tesouro Direto* relies on the direct backing of the Brazilian National Treasury. --- ## FAQ — Frequently Asked Questions ### 1\. Is the FGC a guarantee backed by the Federal Government? No. The Credit Guarantee Fund is a private, non-profit entity administered by its member institutions, not a state-run agency. ### 2\. Is the R$ 1 million cap renewed annually? No. The global cap is renewed every 4 consecutive years, counted from the date of the first intervention or extrajudicial liquidation that triggered a guarantee payout. ### 3\. Does a savings account have the same guarantee? Yes, traditional savings accounts are among the instruments covered by the standard rule of up to R$ 250,000 per financial institution. --- > **Important notice:** The Credit Guarantee Fund (FGC) is a private non-profit entity, and its coverage is limited to the caps established in official regulations. This article is for educational purposes only and does not constitute investment advice.