We are not covered by the Financial Services Compensation Scheme. Instead, the issuers, Valitor, have segregated your funds in a safeguarding account with Citibank. 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 (Valitor Limited) chosen banking provider (Citibank). For more information please click here.