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  • Section62
    Section62 Posts: 9,876 Forumite
    1,000 Posts Fourth Anniversary Name Dropper

    Ford Money Flexible Saver 3.1% effective today.


  • AmityNeon
    AmityNeon Posts: 1,085 Forumite
    1,000 Posts Second Anniversary Photogenic Name Dropper
    edited 16 March 2023 at 9:34AM
    Kroo will be increasing their current account interest rate to 3.33% from 1st April, according to the becleverwithyourcash newsletter today, also reported by Daily Express.

    (Kroo hasn’t managed to resolve their growing pains, judging by their twitter replies. People seem to be waiting weeks for account opening and in-app support responses, and their tendency to potentially hold incoming payments probably persists.)
  • Band7
    Band7 Posts: 2,285 Forumite
    1,000 Posts Name Dropper
    AmityNeon said:
    Kroo will be increasing their current account interest rate to 3.33% from 1st April, according to the becleverwithyourcash newsletter today, also reported by Daily Express.

    (Kroo hasn’t managed to resolve their growing pains, judging by their twitter replies. People seem to be waiting weeks for account opening and in-app support responses, and their tendency to potentially hold incoming payments probably persists.)
    Been trying to close my Kroo account since Feb 2. They are incapable of doing that. They put a block on outgoing payments and my card but they won’t pay me my outstanding interest. Their CS is hopeless.
  • Band7 said:
    AmityNeon said:
    Kroo will be increasing their current account interest rate to 3.33% from 1st April, according to the becleverwithyourcash newsletter today, also reported by Daily Express.

    (Kroo hasn’t managed to resolve their growing pains, judging by their twitter replies. People seem to be waiting weeks for account opening and in-app support responses, and their tendency to potentially hold incoming payments probably persists.)
    Been trying to close my Kroo account since Feb 2. They are incapable of doing that. They put a block on outgoing payments and my card but they won’t pay me my outstanding interest. Their CS is hopeless.
    Opened Kroo account in less than an hour the day after they announced their 3% current account. Card arrived 2 days later. Since then I've put 5-figure sums in and out, longest delay was less than an hour. 

    I've had no cause to trouble their CS.

    Just saying.
  • pearl123
    pearl123 Posts: 2,082 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Combo Breaker
    Opened Kroo account in less than an hour the day after they announced their 3% current account. Card arrived 2 days later. Since then I've put 5-figure sums in and out, longest delay was less than an hour. 

    I've had no cause to trouble their CS.

    Just saying.
    Reviews are not good, especially about the app. 
  • OceanSound
    OceanSound Posts: 1,482 Forumite
    Seventh Anniversary 1,000 Posts Name Dropper
    pearl123 said:
    Opened Kroo account in less than an hour the day after they announced their 3% current account. Card arrived 2 days later. Since then I've put 5-figure sums in and out, longest delay was less than an hour. 

    I've had no cause to trouble their CS.

    Just saying.
    Reviews are not good, especially about the app. 
    Where are these reviews?
  • Band7
    Band7 Posts: 2,285 Forumite
    1,000 Posts Name Dropper
    Band7 said:
    AmityNeon said:
    Kroo will be increasing their current account interest rate to 3.33% from 1st April, according to the becleverwithyourcash newsletter today, also reported by Daily Express.

    (Kroo hasn’t managed to resolve their growing pains, judging by their twitter replies. People seem to be waiting weeks for account opening and in-app support responses, and their tendency to potentially hold incoming payments probably persists.)
    Been trying to close my Kroo account since Feb 2. They are incapable of doing that. They put a block on outgoing payments and my card but they won’t pay me my outstanding interest. Their CS is hopeless.
    Opened Kroo account in less than an hour the day after they announced their 3% current account. Card arrived 2 days later. Since then I've put 5-figure sums in and out, longest delay was less than an hour. 

    I've had no cause to trouble their CS.

    Just saying.
    I was enthusiastic about Kroo, and a very early adopter of their current account. I got lots of my friends to sign up, too. Then they started the nonsense of holding up incoming payments coming from my own accounts at other banks, and sometimes taking an entire day over checking whatever it is they are checking.

    Their processes might be acceptable to you but they aren’t for me.

    Just saying.
  • jaypers
    jaypers Posts: 1,046 Forumite
    1,000 Posts Third Anniversary Photogenic Name Dropper
    I won’t touch Kroo. Just don’t feel comfortable about them, especially with all of the reported technical issues.Just not convinced that they are set up for high demand. 
  • Nick_C
    Nick_C Posts: 7,605 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Home Insurance Hacker!
    For anyone considering opening an account with Kroo, Top Cashback are still offering £20.

    Personally, I have had no problems with Kroo, and will be moving money from Chase to Kroo on 1 April unless Chase raise their rates.
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