Barclays’ customer notice warns that cryptocurrency purchases using Barclaycard credit cards carry no statutory redress, because failed or disputed transactions are not covered by the Financial Ombudsman Service or the Financial Services Compensation Scheme.

Date

June 25, 2025

Quotes that support claims

There’s also no protection for crypto assets if something goes wrong with a purchase, as they’re not covered by the Financial Ombudsman Service and Financial Services Compensation Scheme.

It adds that crypto assets are not protected, and should a transaction fail or go wrong, it isn’t covered by the U.K.’s Financial Ombudsman Service or the Financial Services Compensation Scheme.

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Week 26 of 2025