Updated September 28, 2026
What is Prudential Regulation Authority?
In short
The Prudential Regulation Authority is the UK authority that checks whether a firm holding deposits or issuing cards is financially sound.
The Prudential Regulation Authority is the UK authority that looks at whether a firm is financially sound, as distinct from how it sells. It matters for card and deposit accounts because a weak issuer can affect the money you hold. Virgin Money lists 106078 and Monzo lists 730427. Barclaycard UK shows 759676. A supervised issuer is a separate question from a cheap one, so weigh the reference alongside the fees and limits in the card terms.
Sources
- monzo.com, checked September 26, 2026
- uk.virginmoney.com, checked September 26, 2026
- barclaycard.co.uk, checked September 26, 2026