The digital bank will increase interest rates again on 1st April
IN BREIF:
- Kroo increased its interest rate to 2% at the end of 2022 and is now set to up it again to 3.33%
- Kroo customers can access the high interest rate from their current account
- The digital bank says it is committed to disrupting the legacy banking system by passing on fair interest rates to its customers
What does this mean?
“We truly believe in changing the banking industry for the better by providing customers with a fair deal and a straightforward, no strings attached experience they deserve from their bank,” Kroo CEO Andrea De Gottardo said. “That's why we've decided to further increase our current account interest rate in line with the Bank of England.”
