The Top Easy Access Savings Discussion Area

Patrington

Steve_xx said:

flaneurs_lobster said:

Band7 said:

jimexbox said:

What a people's experience with kroo? Quite happy to use challenger banks as long as they offer an app that works. 

How long do transfers in/out take?

Have a look over on the Budgeting board, there’s a Kroo thread. Not very busy. They use faster payments like all banks. What will happen if the MSE Massive hits them is anyone’s guess.

Twenty quid joining bribe with TopCashback too.

They're not that fast. I joined Kroo at about 11pm last night. Clicked on the "add money" button and proceeded to grab £10 from another current account of mine. As I write, the £10 is not showing in the Kroo account, despite they're app saying the transaction was successful. The donor bank immediately showed the £10 debited.
In addition, I've found that the app can be laggy and this was the case when applying too.
The application was made via TopCashback, and that's already showing a £20 credit.

The app is very clunky

A large lag between entering data and it appearing on the screen.

Additionally the sign up process has fallen over three times at the password stage - so far.

Not built for this amount of traffic? (already)

Patrington

Patrington said:

Steve_xx said:

flaneurs_lobster said:

Band7 said:

jimexbox said:

What a people's experience with kroo? Quite happy to use challenger banks as long as they offer an app that works. 

How long do transfers in/out take?

Have a look over on the Budgeting board, there’s a Kroo thread. Not very busy. They use faster payments like all banks. What will happen if the MSE Massive hits them is anyone’s guess.

Twenty quid joining bribe with TopCashback too.

They're not that fast. I joined Kroo at about 11pm last night. Clicked on the "add money" button and proceeded to grab £10 from another current account of mine. As I write, the £10 is not showing in the Kroo account, despite they're app saying the transaction was successful. The donor bank immediately showed the £10 debited.
In addition, I've found that the app can be laggy and this was the case when applying too.
The application was made via TopCashback, and that's already showing a £20 credit.

The app is very clunky

A large lag between entering data and it appearing on the screen.

Additionally the sign up process has fallen over three times at the password stage - so far.

Not built for this amount of traffic? (already)

Further to this - a complete fail here.

Fell over again at the 'Use fingerprint' stage.

Now can't start process again as phone number already registered.

If this is as good as Kroo gets I'll stick with Cynergy for now.

AmityNeon

Band7 said:

AmityNeon said:

pecunianonolet said:

"Kroo received its full banking licence on 24 June 2022 and launched its new current account in December 2022"

A rather new kid on the block. Attractive rate indeed but not sure if I want another hard search. 

Soft search only, just like Metro, Monzo and Starling.

I opened a Monzo just last week. Hard search.

Was that without applying for any form of credit?

refluxer

Shawbrook have just released issue 32 of their Easy Access account, paying 2.92% AER...

Shawbrook Easy Access Account - Issue 32

2.92% annually / 2.88% monthly (variable)
£1,000 minimum opening balance
£500 minimum withdrawal
Open and manage account online
Next working day access to your funds if withdrawn online before 9:30pm

flaneurs_lobster

Yep, had to have a few attempts to upload my (Bafta-worthy) video performance but all good in the end.

Kroo have gone away to consider my application "...up to three days".

EDIT : They've considered, I'm in. £10 transferred. All good.

ranciduk

refluxer said:

Shawbrook have just released issue 32 of their Easy Access account, paying 2.92% AER...

Shawbrook Easy Access Account - Issue 32

2.92% annually / 2.88% monthly (variable)
£1,000 minimum opening balance
£500 minimum withdrawal
Open and manage account online
Next working day access to your funds if withdrawn online before 9:30pm

Finally!

but I just logged into my account and it’s still showing the old rate of 2.3% still…..

Band7

AmityNeon said:

Band7 said:

AmityNeon said:

pecunianonolet said:

"Kroo received its full banking licence on 24 June 2022 and launched its new current account in December 2022"

A rather new kid on the block. Attractive rate indeed but not sure if I want another hard search. 

Soft search only, just like Metro, Monzo and Starling.

I opened a Monzo just last week. Hard search.

Was that without applying for any form of credit?

Yes. 

It's a weird application process. You don't get asked whether you want an overdraft but they present you with an offer. In my case, anything from £0 to £500. I chose £0.  My credit file shows not only 1 but 2 hard searches.

Anyway, not a savings account.

southone

ranciduk said:

refluxer said:

Shawbrook have just released issue 32 of their Easy Access account, paying 2.92% AER...

Shawbrook Easy Access Account - Issue 32

2.92% annually / 2.88% monthly (variable)
£1,000 minimum opening balance
£500 minimum withdrawal
Open and manage account online
Next working day access to your funds if withdrawn online before 9:30pm

Finally!

but I just logged into my account and it’s still showing the old rate of 2.3% still…..

Just upgraded mine you can't do it on the website phone them they'll do it after going through security and upgrade the existing account very easy and very helpful

infoadict

flaneurs_lobster said:

Yep, had to have a few attempts to upload my (Bafta-worthy) video performance but all good in the end.

Kroo have gone away to consider my application "...up to three days".

EDIT : They've considered, I'm in. £10 transferred. All good.

Can I ask - how long did it take between submission and approval?

The app is extremely laggy at times. Just be patient and wait - it will submit - eventually.

My video looked more like I would rob them rather than deposit.

mebu60

southone said:

ranciduk said:

refluxer said:

Shawbrook have just released issue 32 of their Easy Access account, paying 2.92% AER...

Shawbrook Easy Access Account - Issue 32

2.92% annually / 2.88% monthly (variable)
£1,000 minimum opening balance
£500 minimum withdrawal
Open and manage account online
Next working day access to your funds if withdrawn online before 9:30pm

Finally!

but I just logged into my account and it’s still showing the old rate of 2.3% still…..

Just upgraded mine you can't do it on the website phone them they'll do it after going through security and upgrade the existing account very easy and very helpful

You can message Shawbrook online requesting change of EA account.
You need minimum £1k to get the full rate.
My £1 in Issue 29 was getting 0.05%.