Kroo Bank Ltd

United KingdomUnited Kingdom(AA)

Deposit amount: Min. £1,000 – Max. £85,000

Protection limit: Up to £85,000 payout in GBP

logo of Kroo Bank Ltd

Top offer from this bank

4.05% AER

Term:
Easy access

Account information

Show all offers

Click on the offer to see more information about each product

Rate
Notice period
Deposit Guarantee
Product Type

Rate

4.05% AER

Duration

Easy access

Deposit Guarantee

£85,000

Deposit Guarantee logo

Product Type

Easy access

Product Type

Easy access

Rate

4.05% AER

Notice period

32 days

Deposit Guarantee

£85,000

Deposit Guarantee logo

Product Type

Notice

Product Type

Notice

Top offer from this bank

4.05% AER

Term:
Easy access

Bank Details

Kroo is a bank with a conscience. A bank built to change banking. For good. Forever. Founded in 2016, we secured our full banking licence in 2022 and have gone on to launch our FSCS-protected current account. Kroo has been awarded the Best Newcomer 2021 Award by the British Bank Awards, as well as the Banking Innovation Newcomer Award 2021 by the Finder Awards. Kroo believes it can transform banking for good, changing perceptions about what a bank can and should be – one that actually cares for its customers as well as the planet we share. It’s all part of our mission to be a bank that is truly trusted and loved by our customers.

Security & Deposit Protection

The FSCS is the United Kingdom’s statutory deposit guarantee scheme. If an FSCS-protected bank fails or is unable to meet its financial obligations, the FSCS can provide compensation for eligible customer deposits up to a limit of £85,000 per person, per bank. The FSCS’ £85,000 protection limit applies to all deposits held with a bank (including current and savings accounts), as well as any deposits held with intermediaries of the same bank (for example, where a bank operates multiple banks under different trading names). Read our dedicated FAQ page to learn more about the FSCS.

Who is Raisin?

We are the UK savings marketplace for Raisin, one of Europe’s most successful technology-led financial services companies. We connect you with a range of banks and building societies offering deposit-protected savings accounts with competitive interest rates, making it easier for you to grow your money. Using our savings marketplace is simple. By registering for a Raisin UK Account, you'll only ever need to fill in one application form. Then you can browse, apply for and fund a range of savings accounts, and manage everything under one roof. No paperwork or endless passwords to remember - just a free, easy way to grow your savings.