It shows you what the rate would be yearly if we paid interest on top of interest. Gross interest is the contractual rate of interest. 1 MILLION TREES FOR THE PLANET It’s time for banks to invest in the future of our planet. We’ve partnered with One Tree Planted, a non-profit organisation focused on reforestation. We’re planting 2 trees for every new customer who opens a Kroo current account, with a goal to plant 1 million trees by the end of 2023. INTUITIVE SPENDING One home for your money. Spend. Track. Settle up with friends. You’ll also get real-time spending insights. These break down and categorise your transactions. Lovely. NO MONTHLY FEES Our current account is free to open and has no monthly fees. And you can apply to access an overdraft (subject to status), currently by invitation only. ZERO FEES ABROAD Plus, use your Kroo debit card at home and abroad, where Visa is accepted, with zero fees. Sweet. PEACE OF MIND FSCS deposit protections up to £85,000 per customer. Face ID. Touch ID. Multi-factor authentication. UK-based customer support. Freeze and unfreeze your card. Easy. KROO & APPLE PAY Enjoy all the benefits of your Kroo card using Apple Pay. It’s the easy, secure, and private way to pay. OUR MISSION To be a bank that’s better for you, society and the planet we all share. Our goal is to be trusted and loved by our customers because we have their backs. We are a fully licensed UK bank, authorised by the Prudential Regulation Authority (PRA) and regulated by the Financial Conduct Authority and the PRA. Our Firm Registration number is 953772. Head to kroo.com to find out more. Current account applications and account management are via the app only.