United StatesEarn 4.35% AER / 4.27% Gross (variable) interest on current account balances up to £500k.
INTUITIVE SPENDING
One home for your money. Spend. Track. Settle up with friends. You’ll also get real-time spending insights. These break down and categorise your transactions. Lovely.
NO MONTHLY FEES
Our current account is free to open with no monthly fees. And you can apply to access an overdraft (subject to status), currently by invitation only.
ZERO FEES OVERSEAS
Spend using your Kroo debit card at home and abroad, where Visa is accepted, with zero fees.
PEACE OF MIND
FSCS deposit protection up to £85,000 per customer
Face ID. Android Fingerprint
Multi-factor authentication
UK-based customer support
Freeze and unfreeze your card.
INTEREST FOR YOU
With a Kroo current account, you’ll earn interest at 0.9% below the Bank of England base rate on your current account balance up to £500,000. And it’s paid into your account monthly.
AER means annual equivalent rate. It shows you the yearly rate if we paid interest on top of interest. Gross interest is the contractual rate of interest.
KROO PERSONAL LOANS
Kroo loans are now available through the app. Applications for a loan are by invitation only for Kroo current account holders.
The loan repayment periods are from 12 to 60 months, with a Maximum Annual Percentage Rate (APR) of 23.6%
A representative example is £5,000.00 over 5 years, with APR (fixed) of 8.2%. This would have 60 monthly repayments of £101.16. The total repayment would be £6,069.60, and the cost of credit would be £1,069.60
Our customer privacy policy can be viewed here: https://www.kroo.com/customer-privacy-notice
OUR MISSION
Our goal is to be trusted and loved by our customers because we have their backs.
We are a fully licensed UK bank, authorised by the Prudential Regulation Authority (PRA) and regulated by the Financial Conduct Authority and the PRA. Our Firm Registration number is 953772.
Head to kroo.com to find out more. Current account applications and account management are via the app only.
Doesn't help with fraud
Buggy slow can be a nightmare to sign in
Froze account due to their error, now being investigated bt FCA
Works well, good interest.
No way to deposit cash or cheques. Both Starling and Monzo offer this. Also the interest rate isn't all that competitive. It can easily be beaten by Tandem, Marcus, Chip etc. I know they're not current accounts but considering Kroo make a big deal about their interest rate you'd think it would be more competitive. They should set it 0.7% below the BoE Base Rate. I fully expect Kroo to be bankrupt and out of business by 2025.
Great Bank, and excellent customer service!. I called last saturday to have a large payment approved, and it was all sorted out within about 20 minutes. Very pleased so far.
Been trying to sort my account out since January 2024 it is still frozen and have spoken 2 at least 5/6 different people on the help section of the app and keep getting fobbed off then ignored
We've made some bug fixes and performance improvements to make your Kroo experience even smoother.
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