Compare UK Digital Banks
Independent reviews of digital & app based banking
Kroo Bank Review
Kroo is a UK app-only bank focused on fee-free spending abroad, simple everyday banking, and a clean, modern app experience. With no monthly fees, competitive overdraft rates, and strong sustainability commitments, Kroo offers a refreshing, transparent approach to digital banking.
FSCS Protection — If you want to understand how the £120,000 FSCS guarantee protects your savings, click here to read our helpful guide →
Key Features
| FSCS Protection | Yes — up to £120,000 per person |
| Monthly Fee | £0 — No monthly fee for the personal current account |
| Current Accounts | Yes — Personal current account with a Visa debit card, joint accounts, and ethical lending policies |
| Savings Accounts | Not offered — Interest of 4.35% AER is paid on the entire current account balance (no cap) |
| Credit Card | Not offered — Uses Visa Debit card only |
| Spending Abroad | Fee-free — No fees on card purchases or ATM withdrawals abroad. Visa exchange rate applies |
| App Features | Spending insights, real-time notifications, Pots for saving, bill splitting |
| Loans | Not offered — An arranged overdraft is available, subject to eligibility |
| Top Savings Rate | 4.35% AER (variable) — Paid on the entire current account balance, no minimum |
Kroo Bank at a Glance
- Kroo is a UK app-only bank offering simple, transparent everyday banking with no monthly fees, fee-free spending abroad, and a clean, modern app. It also emphasises sustainability with features like carbon tracking and a tree-planting commitment.
Kroo Bank Services
Kroo provides a straightforward set of banking services built around a fee-free current account, instant spending alerts, strong budgeting tools, and competitive overdrafts. It also includes sustainability-focused features such as carbon tracking and a tree-planting commitment.
✅ Pros
- No monthly account fees
- Fee-free spending abroad
- Clean, modern mobile app
- Instant notifications and budgeting tools
- Competitive overdraft rates
- Sustainability features including carbon tracking
- FSCS protected up to £85,000
⚠️ Cons
- No cashback or rewards programme
- Limited product range compared to larger digital banks
- Fewer advanced features than Monzo or Starling
- Relatively new bank with a smaller customer base
- No joint accounts (currently)
Why We Like Kroo Bank
We like Kroo because it combines everyday usability with a genuinely ethical approach to banking. Fee-free spending abroad, instant notifications, and a clean app make daily money management easy, while its sustainability focus sets it apart.
How We Compare Digital Banks
Compared with other UK app-only banks, Kroo delivers a simpler, more transparent everyday banking experience, particularly for users who value sustainability and fee-free spending abroad.
Financial Information Disclaimer
The information on this website is provided for general guidance only and may not always reflect the latest fees, rates, or terms offered by each bank. While we do our best to keep content accurate and up-to-date, you should always check the bank’s official website or app before applying for an account. Nothing on this site constitutes financial advice.
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