Find out whether your Kroo account qualifies for our 12-month increased interest promotion below.
Who qualifies?
You are eligible for the 12-month promotional interest rate if:
- You submit your current account application and successfully open a new Kroo personal current account on or after midday on 5th October 2026.
- You meet our standard eligibility criteria (aged 18+, UK resident, etc.).
Do existing accounts opened before 5th October 2026 qualify?
No. The promotional rate (including the 2.00% bonus) is an introductory offer available exclusively for accounts created on or after midday on 5th October 2026.
If your account was opened prior to this date, your balance will earn a tracker rate set at 1.10% below the Bank of England base rate.
Can I close my existing account and open a new one to get the promotional rate?
Customers who held an open Kroo account before midday on 5th October 2026 are not eligible to receive the introductory bonus by closing and opening a new account.
Please note that once your Kroo personal current account is closed, it cannot be reopened.
Is there a minimum deposit or monthly spend required to keep earning the promotional interest rate?
No. There is no minimum deposit required and no minimum debit card transaction requirement to earn the promotional rate. You begin earning interest from your very first penny up to £500,000.