Card One Money is a trading style of Spectrum Payment Services Limited who are an FCA Authorised Payment Institution. This means we are not covered by the Financial Services Compensation Scheme. Instead, we have segregated your funds in a safeguarded account with our chosen banking providers (Barclays Bank PLC, National Westminster Bank plc or the Bank of England). This means those funds would be separated from our other assets in the event of our insolvency and used to repay you and other clients. Any money on your card is held in a safeguarded account held by the card issuers (Fair Payments Limited) chosen banking provider (Barclays Bank PLC). Fair Payments Limited is a subsidiary of Equals Group PLC. Registered Office: 3rd Floor, Vintners’ Place, 68 Upper Thames St, London, EC4V 3BJ. Barclays Bank PLC, National Westminster Bank plc and the Bank of England provide us with safeguarding account(s), but do not monitor the funds we place on the safeguarding account or how we operate these accounts. As an FCA Authorised Payment Institution, it is our responsibility to segregate funds.