I'm Not Competent at "Best" Bank Account Search.

steven141

I also use Kroo as my spending account and the pots are great. Never had an issue but I've not had a large balance in it. If it came down to the security checks as long as you have the information to provide it should be fine?

Nasqueron

I use Kroo and never had an issue but I don't hold £10k in there, looking at a second Santander account now for a second edge saver as it's just one extra step and pays more interest - moving money from a saver to current account is simple if you can manage a basic diary or spreadsheet of when payments are due

HillStreetBlues

Nasqueron said:

I use Kroo and never had an issue but I don't hold £10k in there, looking at a second Santander account now for a second edge saver as it's just one extra step and pays more interest - moving money from a saver to current account is simple if you can manage a basic diary or spreadsheet of when payments are due

With Kroo statement are actual months or based on date joined?

Nasqueron

HillStreetBlues said:

Nasqueron said:

I use Kroo and never had an issue but I don't hold £10k in there, looking at a second Santander account now for a second edge saver as it's just one extra step and pays more interest - moving money from a saver to current account is simple if you can manage a basic diary or spreadsheet of when payments are due

With Kroo statement are actual months or based on date joined?

Mine appear to be near enough date joined

My first was, let's say 24th September 202x and the statement production date for this month was created let's say 20th July i.e. 4 days before the date of the month the account was opened

friolento

I did try Kroo in their early days, and was constantly stopped by their fraud dept on both, outgoing and incoming payments. As I have got dozens of these every month, mostly shuffling money between my own accounts, their approach was just entirely unsuitable for my requirements and I would never use them again, even if they might have improved their account / fraud management by now. I think they coukd be perfectly ok if you just have one incoming payment a month, a few household DDs, one or two occasional other payments, and use of their debit card for food and leisure purchases. Not for anyone with dozens of Regular Saver accounts, many non-UK transactions and who does their DDs and day to day spending elsewhere 

Nasqueron

friolento said:

I did try Kroo in their early days, and was constantly stopped by their fraud dept on both, outgoing and incoming payments. As I have got dozens of these every month, mostly shuffling money between my own accounts, their approach was just entirely unsuitable for my requirements and I would never use them again, even if they might have improved their account / fraud management by now. I think they coukd be perfectly ok if you just have one incoming payment a month, a few household DDs, one or two occasional other payments, and use of their debit card for food and leisure purchases. Not for anyone with dozens of Regular Saver accounts, many non-UK transactions and who does their DDs and day to day spending elsewhere 

I use them like that albeit not dozens of RS and they are paid on the same day but I move money out every few days for bills