Depending on when you opened your Kroo Personal Current Account, different interest rate terms apply.
Opened on/after 5th October 2026
If you opened your account on or after midday on 5th October 2026, you will receive our 12-Month bonus interest rate with an initial total interest rate of 3.00% AER (2.96% Gross variable) on balances up to £500,000.
This promotional rate consists of two parts:
- 2.00% fixed bonus rate: Locked in for your first 12 months from the date your account is opened.
- Variable Tracker Rate: Tracks at 2.75% below the Bank of England base rate. If the Bank of England changes the base rate, your underlying tracker rate will adjust accordingly within 2 working days, while your 2.00% bonus remains fixed.
Once your 12-month promotional period finishes, your account will automatically revert to the tracker rate set at 2.75% below the Bank of England base rate.
Opened before 5th October 2026
If you opened your account before 5th October 2026, your account earns 2.65% AER (2.62% Gross variable) on balances up to £500,000. This isa “Tracker” rate, which pays interest at 1.10% below the Bank of England base rate. Kroo will update its interest rate no later than 2 working days after a change in the Bank of England base rate.
Keep in mind that:
- Interest is applied on your current account balance up to £500,000.
- Interest is calculated daily.
- Interest will be paid monthly on the 1st of every month.
- We'll send you an in-app notification notifying you of interest payments.
You can view the interest rate directly in the Kroo app:
- Open your app.
- Tap the ‘Home’ tab on the bottom.
- You’ll see the current interest rate under your account balance.
You can also see your interest in your bank statements in-app:
- Open your app.
- Tap the ‘Account’ tab on the bottom right.
- Scroll to ‘Statements’ and tap ‘View statement history.’ Then you can either download or share your bank statement.