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Kroo Recommendation

joeturner
Posts: 5 Forumite

Just a recommendation for an app called Kroo. It is a UK based business which is great for groups of people that need to split bills etc. I've used it a few times when on Stag dos for example. I have a fee-free foreign transactions on my card, so tend to pay most of the bills for food, and then my mates will use Kroo which calculates what everyone owes each other. It comes with a Physical card if needed, or you can just use it for budgeting purposes.
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Splitwise does the same thing I believeRemember the saying: if it looks too good to be true it almost certainly is.0
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With the difference that Kroo actually have a UK banking licence. Though I don't think their existing accounts are [yet] FSCS protected.0
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sorry but what does this do that a calculator doesn't?I’m a Forum Ambassador and I support the Forum Team on Debt Free Wannabe and Old Style Money Saving boards. If you need any help on these boards, do let me know. Please note that Ambassadors are not moderators. Any posts you spot in breach of the Forum Rules should be reported via the report button, or by emailing forumteam@moneysavingexpert.com. All views are my own and not the official line of MoneySavingExpert.
"Never retract, never explain, never apologise; get things done and let them howl.” Nellie McClung0 -
Brie said:sorry but what does this do that a calculator doesn't?1
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Daliah said:Brie said:sorry but what does this do that a calculator doesn't?
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You're right, everyone needs the app, but you can choose whether to use it to just track spending, or to go all in and add funds allowing you to make use of the card.
Looks interesting, but difficult to understand how it works from the images and description. It looks like everyone needs to have the app? Starling's solution, while not as sophisticated, is useful when people bank elsewhere.
@Daliah - They're not FSCS protected, you're correct. They are apparently working on a current account, and at that point, they will be.0 -
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Just signed up and it looks like their current account is now protected by FSCSRegards
Mike Williams0
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