What interest rate is paid on current account balances?

  • Updated

With a Kroo current account, you’ll earn 3.33% AER / 3.28% Gross (variable) interest on your current account balance up to £85,000 (from 1 April 2023).

  • 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.

Please note that the previous interest rates on your current account balance was 2% AER / 1.98% Gross (variable) which was available until 31 January 2023 and 3.03% AER / 2.99% Gross (variable) which was available from 1 February 2023 until 31 March 2023. 

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