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Kroo bank discussion

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  • Sniblet
    Sniblet Posts: 29 Forumite
    Eighth Anniversary 10 Posts Name Dropper
    Kroo's %AER went up to 4.35% yesterday - get innnn!!! :smiley:  
  • nibsuk
    nibsuk Posts: 5 Forumite
    Part of the Furniture First Post Combo Breaker
    I opened an account in June and iirc it's 60 day till the voucher, mine will be due about 20th August. Not sure if it's within or exactly 60 days. But I've not had the Amazon voucher yet.
    Search for an email from no-reply@giftcloud.com - it states "Details of how to receive your gift will be sent to the address provided within 60 days from your purchase" and has a link to check the progress of "your gift card"
  • nibsuk said:
    I opened an account in June and iirc it's 60 day till the voucher, mine will be due about 20th August. Not sure if it's within or exactly 60 days. But I've not had the Amazon voucher yet.
    Search for an email from no-reply@giftcloud.com - it states "Details of how to receive your gift will be sent to the address provided within 60 days from your purchase" and has a link to check the progress of "your gift card"
    Thanks for that, I had kept the email but didn't realise there was a bit to check on progress. Mine is still awaiting confirmation of my 'purchase'. So it will probably be sent at the 60 day mark.
  • nibsuk said:
    I opened an account in June and iirc it's 60 day till the voucher, mine will be due about 20th August. Not sure if it's within or exactly 60 days. But I've not had the Amazon voucher yet.
    Search for an email from no-reply@giftcloud.com - it states "Details of how to receive your gift will be sent to the address provided within 60 days from your purchase" and has a link to check the progress of "your gift card"
    Thanks for that, I had kept the email but didn't realise there was a bit to check on progress. Mine is still awaiting confirmation of my 'purchase'. So it will probably be sent at the 60 day mark.
    Same here, it tracked as "sign up" but hasn't changed to purchased or gift card since. 9 days to go before it's been 60 days.
  • ircE said:
    Just to add to the list of semi-complaints and quibbles, I requested to close my account last month and it was "closed" on 18th April. However, the app still works, the account's still visible, etc. and very little has actually changed, even now. Having asked their customer service about this, they say whilst they have closed the account I can still see/do things... "just in case". Not a complaint, but just a bit odd.
    I have been waiting for days for Kroo to close my account as the interest rate is not competitive and I don't rate the UI, security or CS enough to use it for anything else. I prefer to be booted out and know for certain it is done, being left in the app is ok if its like a platform where you could conceivably use them for something else, but with Kroo that sounds utterly bizarre.
  • mab3000
    mab3000 Posts: 532 Forumite
    Sixth Anniversary 500 Posts Name Dropper
    Just received an email from Kroo with upcoming T&C;

    We’re making it simpler for you to know how much interest you’ll earn on your current account.

     

    From 15 October 2023 onwards, we’ll pay you a ‘tracker’ rate set at 0.9% below the Bank of England’s base rate, so you always know what to expect. 

     

    We’re amending our Terms & Conditions to reflect this change.

     

    How will it work?

     

    With a tracker interest rate, the interest you’ll earn on your Kroo current account will stay 0.9% below the Bank of England base rate, whether it goes up or down.


    Until then, the interest we pay on your Kroo current account is 4.35% AER* / 4.26% Gross (variable).

  • Nick_C
    Nick_C Posts: 7,602 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Home Insurance Hacker!
    ... The small print states changes will be made within two days of a change in BOEBR
  • nibsuk said:
    I opened an account in June and iirc it's 60 day till the voucher, mine will be due about 20th August. Not sure if it's within or exactly 60 days. But I've not had the Amazon voucher yet.
    Search for an email from no-reply@giftcloud.com - it states "Details of how to receive your gift will be sent to the address provided within 60 days from your purchase" and has a link to check the progress of "your gift card"
    Thanks for that, I had kept the email but didn't realise there was a bit to check on progress. Mine is still awaiting confirmation of my 'purchase'. So it will probably be sent at the 60 day mark.
    Same here, it tracked as "sign up" but hasn't changed to purchased or gift card since. 9 days to go before it's been 60 days.
    Just got the £10 voucher email just under the 60 day limit 👍
  • nibsuk said:
    I opened an account in June and iirc it's 60 day till the voucher, mine will be due about 20th August. Not sure if it's within or exactly 60 days. But I've not had the Amazon voucher yet.
    Search for an email from no-reply@giftcloud.com - it states "Details of how to receive your gift will be sent to the address provided within 60 days from your purchase" and has a link to check the progress of "your gift card"
    Thanks for that, I had kept the email but didn't realise there was a bit to check on progress. Mine is still awaiting confirmation of my 'purchase'. So it will probably be sent at the 60 day mark.
    Same here, it tracked as "sign up" but hasn't changed to purchased or gift card since. 9 days to go before it's been 60 days.
    Just got the £10 voucher email just under the 60 day limit 👍
    Just got mine too, I think my 60 days ended on the 19th so nice of them to send it early.
  • Nick_C
    Nick_C Posts: 7,602 Forumite
    Part of the Furniture 1,000 Posts Name Dropper Home Insurance Hacker!
    Kroo are currently offering £16 through Top Cashback 
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