Kroo vs Mercury - VaultCue
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Neobank comparison

Kroo vs Mercury

Compare Kroo and Mercury side by side: fees, regulation, platforms.

Kroo

Kroo

Best for interest on your balance

Kroo pays a headline rate of interest just for keeping money in your current account, which makes it a compel…

VS
Mercury

Mercury

Best for startups

Mercury is the go-to operating account for venture-backed startups, pairing free business banking with a deep…

Head-to-head comparison

Kroo vs Mercury
Feature Kroo Mercury
Monthly fee Free Free
FX markup 0% 1%
Savings APY 4.10% -
Currencies 1 3
Card network Mastercard Mastercard
Deposit protection FSCS up to 85,000 GBP FDIC up to 5,000,000 USD via partner-bank sweep
Regulators - -
Best for Best for interest on your balance Best for startups
Markets & account

Pros & cons

Kroo

Kroo

Pros

  • FSCS-protected UK bank paying interest on the current-account balance
  • No fees on spending or ATM withdrawals abroad
  • Shared group accounts for splitting bills

Cons

  • GBP-only with no multi-currency holding
  • Smaller feature set than the established UK challengers
Mercury

Mercury

Pros

  • Free business banking built for startups and founders
  • Extended FDIC cover through a partner-bank sweep network
  • Treasury yield and software integrations built in

Cons

  • No personal accounts; business and US-incorporated focus
  • FX on international payments carries a markup
Kroo

Kroo

Kroo pays a headline rate of interest just for keeping money in your current account, which makes it a compelling FSCS-protected home for an everyday GBP balance.

Confirm current fees and rates on the provider's site. T&Cs apply.

Mercury

Mercury

Mercury is the go-to operating account for venture-backed startups, pairing free business banking with a deep sweep network and treasury tools.

Confirm current fees and rates on the provider's site. T&Cs apply.

Not the right match?

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