With a Kroo current account, you’ll earn 4.35% AER / 4.26% Gross (variable) interest on your current account balance up to £85,000.
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.
From the 15th of October onwards Kroo will move to a "Tracker", meaning Kroo will pay interest at 0.9% margin 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.
|Dates Available||Annual Equivalent Rate (AER)||Gross (variable)|
|01/12/2022 - 31/01/2023||2.00%||1.98% Gross (variable)|
|01/02/2023 - 31/03/2023||3.03%||2.99% Gross (variable)|
|01/04/2023 - 31/05/2023||3.33%||3.28% Gross (variable)|
|01/06/2023 - 30/06/2023||3.60%||3.54% Gross (variable)|
|01/07/2023 - 31/07/2023||4.10%||4.03% Gross (variable)|