KROO Cash ISA

Digital_Payback

Just had this from KROO

Flexible Cash ISA

'From 1 January 2026 the interest rate on your Flexible Cash ISA will also change from 3.80% AER / 3.74% Gross (variable) to 2.75% AER / 2.72% Gross (variable).'

That's some drop!!

Time to move it elsewhere

MDMD

Digital_Payback said:

Just had this from KROO

Flexible Cash ISA

'From 1 January 2026 the interest rate on your Flexible Cash ISA will also change from 3.80% AER / 3.74% Gross (variable) to 2.75% AER / 2.72% Gross (variable).'

That's some drop!!

Time to move it elsewhere

Just had an update:

We just sent you an email informing you that your Kroo Flexible Cash ISA interest rate was reducing on 1 January 2026. We apologise that the rate in that email was incorrect. Your new rate from 1 January 2026 will in fact be 3.00% AER / 2.96% Gross (variable). We’ll remind you of that rate on the day it changes.

Your current account rate was quoted correctly and will be 2.65% AER / 2.62% Gross (variable) from today onwards.

We apologise for any confusion this may have caused, if you have any questions please reach out to us via the in app chat or at help@kroo.com.

wiseonesomeofthetime

MDMD said:

Digital_Payback said:

Just had this from KROO

Flexible Cash ISA

'From 1 January 2026 the interest rate on your Flexible Cash ISA will also change from 3.80% AER / 3.74% Gross (variable) to 2.75% AER / 2.72% Gross (variable).'

That's some drop!!

Time to move it elsewhere

Just had an update:

We just sent you an email informing you that your Kroo Flexible Cash ISA interest rate was reducing on 1 January 2026. We apologise that the rate in that email was incorrect. Your new rate from 1 January 2026 will in fact be 3.00% AER / 2.96% Gross (variable). We’ll remind you of that rate on the day it changes.

Your current account rate was quoted correctly and will be 2.65% AER / 2.62% Gross (variable) from today onwards.

We apologise for any confusion this may have caused, if you have any questions please reach out to us via the in app chat or at help@kroo.com.

That's still a "we don't need your money any more" decrease imo!

Digital_Payback

Thank you, MDMD. I just got the update too. Seems a bit careless to get it wrong!

But as wiseonesomeofthetime implied above, it’s still a big drop, from 3.8% to 3.0%, given today’s small BOE cut.