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Updated September 28, 2026 · VaultCue Editorial Team

Current vs Kroo

Current scores 8.9 and Kroo 8.9 out of 10. Compare their differences and shared features below.
Current

Current

Higher score in this comparison

8.9/10
Visit
Kroo

Kroo

8.9/10
See alternatives

Where Current and Kroo differ

Current vs Kroo
CompareCurrentCurrentReviewVisitVisitKrooKrooReviewSee alternativesSee alternatives
Headline rate0.25% to 4%Higher2.65%
Minimum deposit$0.010£0
Deposit protectionFDIC up to USD 250,000FSCS up to GBP 85,000
Access termsSavings Pods accessible on demand in the mobile app, no notice period, up to three podsInterest calculated daily on the cleared balance and credited monthly; account operated in-app 24/7, no notice period, close at any time
Monthly fee$0£0

Same on both: Rate type (Variable), Account kind (Easy access).

We earn a commission when you sign up through links on this site. Partner status can affect where a brand appears in our rankings. Partners with a live offer in your country come first, then every other brand by score.

Key differences

  • Kroo is available in 3 more countries.
  • Headline rate is higher at Current: 0.25% to 4% vs 2.65%.
  • Support channels: only Kroo offers Phone.
  • Pricing model: only Kroo offers Low FX.

Our verdict on each

Current

Current is a set-aside account for a teen in the US who wants a pot they can reach from the phone. The minimum deposit is $0.01 and the variable rate runs 0.25% to 4%, so the pay on savings can move as the provider adjusts it.

Read the full Current review

Kroo

Kroo is a UK digital current account for people who spend and send money abroad, with a monthly fee of £0 and currency conversion at 0%. Interest lands on the cleared balance at a variable 2.65%, credited monthly, so the account pays you while the money waits.

Read the full Kroo review

Score breakdown

Current vs Kroo
AreaCurrentKroo
Cost9.1Monthly fees on the easy-access account run at $0, transfers cost $0 - no bank transfer fees and conversion 3%.9.4HigherMonthly fee £0, cash machine allowance £0 and conversion 0%, ranked 1 on the cost list.
Offer8.79.1Higher
TrustNot confirmed8.4

What we checked

Current

  • current.com: 11 facts, checked September 26, 2026

Kroo

  • kroo.com: 12 facts, checked September 26, 2026

How they place

Current vs Kroo
RankingCurrentKroo
Savings accounts27 of 1420410 of 1420
Online banks10 of 402125 of 402

Every fact side by side

Current vs Kroo
FactCurrentKroo
Pricing modelNo monthly feeNo monthly fee, Low FXCovers more
Legal entityFinco Services, Inc. dba CurrentKroo Bank Ltd
HeadquartersUnited StatesUnited Kingdom
FoundedNot confirmed2016
Support channelsChat, Email, Help centreEmail, Chat, Phone, Help centreCovers more

Everyday accounts

Current vs Kroo
FactCurrentKroo
Currency conversion fee3%0%Lower
AudienceTeenTravelers
FeaturesFree ATM, Digital only, No credit checkCovers moreFree ATM, Digital only
Local account detailsUs ACHUK sort code
Free ATM withdrawals$0£0
Transfer fee$0 - no bank transfer feesFaster Payments GBP 0, CHAPS GBP 20; sending money outside the UK not available

Where each stands against the rest

Current vs Kroo
FactCurrentKrooMedian
Headline rate0.25% to 4%above the median2.65%below the median3.25

Median across 658 listed accounts.

Pros and cons

Current

Pros

  • Deposits are covered by FDIC up to USD 250,000, which is the detail a new saver should check.
  • The stated audience is teen, and the account kind is easy access.
  • Pods open on demand in the mobile app with no notice period, so a set-aside stays flexible.

Cons

  • The 0.25% to 4% range has a low floor, so a pod can earn very little for stretches.
  • Support runs on chat, email and help centre, so there is no phone line for urgent questions.
  • Currency conversion costs 3%, which makes it a weak base for holding travel money.

Kroo

Pros

  • A monthly fee of £0 and a cash machine allowance of £0 on the current account.
  • Currency conversion of 0%, with the account aimed at travelers.
  • FSCS up to GBP 85,000, with the Financial Conduct Authority as regulator under licence 953772.

Cons

  • Digital only banking, with support running on email, chat and phone.
  • Transfers are split by scheme, with Faster Payments free and CHAPS carrying a charge on the current account.
  • The variable 2.65% is easy access money rather than a savings return, sitting under the 3% site median.

Who each suits

Current

Who it suits

  • A teen in the US starting to set money aside, since the stated audience is teen.
  • Anyone happy to manage saving in the app, since pods run on demand with no notice period.
  • US savers paid in dollars, with transfers moving over us ach.

Who should look elsewhere

  • Plazo ES, whose headline rate of 24.19% sits well above the 0.25% to 4% range here.
  • AXI Card Tarjeta y Credito, listed at 21.59% if a higher headline number is the goal.
  • PayPal Colombia, listed at 3.3%, for anyone shopping only on the headline rate.

Kroo

Who it suits

  • People who travel often and spend in other currencies, since the account is aimed at travelers and conversion runs at 0%.
  • UK residents happy to run everything in the app, with support on email, chat and phone and a minimum deposit of £0.
  • Anyone keeping a sterling balance as a rainy day fund, with FSCS up to GBP 85,000 and interest credited monthly.

Who should look elsewhere

  • Anyone who needs to send money outside the UK from their account, since those transfers are not available; a euro option such as Bit2Me, monthly fee €0, is worth weighing.
  • People who want a card led everyday account instead of an app based one, weighing Kroo against the Varo Visa Debit Card, monthly fee $0.

Current offers

Current

Current offer

  • Bonus

    1% cash back on eligible Build Card purchases: 1% cash back

    To earn Points you must receive at least one Eligible Payroll Deposit of at least $200 over a 35-day period and make Build Card purchases at retailers whose merchant code is in the selected categories in the app; points expire 365 days after they settle

    Source, checked September 26, 2026

Country by country

Current vs Kroo
CountryCurrentKroo
GuernseyNoYes
Isle of ManNoYes
JerseyNoYes
United KingdomNoYes
United StatesYesNo

Questions about each

Current

What does it cost to run a Current account?+

The monthly fee is $0 and the model is no monthly fee, so there is no standing charge to watch. Bank transfers are listed as $0 - no bank transfer fees. The cost that does apply is currency conversion at 3%, which matters if money is held or spent in another currency.

How do I move money in and out?+

Transfers run over us ach, so money moves through the US system. Bank transfers carry $0 - no bank transfer fees, and the minimum deposit is $0.01, so a small transfer is enough to open a pod and add to it later.

Kroo

What does Kroo charge to hold the account?+

Kroo's current account charges a monthly fee of £0, with a cash machine allowance of £0 and currency conversion of 0%. Those are the fees published for the account, and the balance earns a variable 2.65% credited monthly.

Is money in a Kroo account protected?+

Deposits are covered by FSCS up to GBP 85,000, and the account is held at Kroo Bank Ltd, based in the United Kingdom, with the Financial Conduct Authority as regulator under licence 953772. Help runs on email, chat and phone.

Other options to compare

Current

Visit

Kroo

See alternatives