Updated September 29, 2026 · VaultCue Editorial Team
Kroo vs Vivid Money
Kroo
Higher score in this comparison
Vivid Money
What sets them apart
| Compare | KrooReviewSee alternativesSee alternatives | Vivid MoneyReviewSee alternativesSee alternatives |
|---|---|---|
| Monthly fee | £0 | €0 |
| Deposit protection | FSCS up to GBP 85,000 | EU DGS up to EUR 100,000 |
| Currency conversion fee | 0%Lower | 0.25% |
| Local account details | UK sort code | IBAN |
| Transfer fee | Faster Payments GBP 0, CHAPS GBP 20; sending money outside the UK not available | Free |
| Currencies | Not confirmed | 22 |
| Free ATM withdrawals | £0 | Not confirmed |
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Key differences
- Kroo scores higher overall: 8.9 vs 8.8.
- Founded is lower at Kroo: 2016 vs 2019.
- Vivid Money is licensed in 1 more country.
- Currency conversion fee is lower at Kroo: 0% vs 0.25%.
- Local account details: only Kroo offers UK sort code.
- Local account details: only Vivid Money offers IBAN.
- Support channels: only Kroo offers Email, Phone.
- Pricing model: only Kroo offers Low FX.
- Features: only Kroo offers Free ATM.
Our verdict on each
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.
Vivid Money
Vivid Money suits people who want everyday spending plus savings in the same app without monthly upkeep, with the standard plan priced at €0 a month. Cash stays within instant access pockets that suit flexible savers who also move money across currencies for travel or daily life abroad.
Score breakdown
| Area | Kroo | Vivid Money |
|---|---|---|
| Cost | 9.4HigherMonthly fee £0, cash machine allowance £0 and conversion 0%, ranked 1 on the cost list. | 9.2Conversion priced at 0.25% keeps cross currency spend modest versus broader market levels |
| Offer | 9.1 | 9.1Interest pocket pays 3% on instant access balances with low entry threshold |
| Trust | 8.4Higher | 8.3Eligible balances covered by EU DGS up to EUR 100,000 with licensed EU supervision |
Where they rank in our lists
| Ranking | Kroo | Vivid Money |
|---|---|---|
| Savings accounts | 410 of 1420 | 496 of 1420 |
| Online banks | 125 of 402 | 155 of 402 |
Availability and regulation
| Country | Kroo | Vivid Money |
|---|---|---|
| Luxembourg | Not confirmed | |
| Netherlands | Not confirmed | |
| United Kingdom | Financial Conduct Authority 953772 | Not confirmed |
Spending 1,000 abroad
Kroo
0
0% of 1,000
Vivid Money
2.5
0.25% of 1,000
Kroo comes out 2.5 lower in this example.
Worked out from the stated prices and rates; your own total depends on how you use it. Facts checked September 29, 2026.
Sources behind this comparison
Kroo
- kroo.com: 12 facts, checked September 26, 2026
- help.kroo.com: 1 fact, checked September 26, 2026
Vivid Money
- vivid.money: 10 facts, checked September 29, 2026
- esma.europa.eu: 2 facts, checked September 28, 2026
Every fact side by side
| Fact | Kroo | Vivid Money |
|---|---|---|
| Audience | Travelers | Not confirmed |
| Pricing model | No monthly fee, Low FXCovers more | No monthly fee |
| Features | Free ATM, Digital onlyCovers more | Digital only |
| Legal entity | Kroo Bank Ltd | Vivid Money B.V. |
| Headquarters | United Kingdom | Netherlands |
| Founded | 2016Lower | 2019 |
| Support channels | Email, Chat, Phone, Help centreCovers more | Chat, Help centre |
Savings
| Fact | Kroo | Vivid Money |
|---|---|---|
| Headline rate | 2.65% | 3%Higher |
| Rate type | Variable | Fixed |
| Minimum deposit | £0 | €0.010 |
| Access terms | Interest calculated daily on the cleared balance and credited monthly; account operated in-app 24/7, no notice period, close at any time | Instant access |
| Account kind | Easy access | Easy access |
| Regulators | Not confirmed | Commission de Surveillance du Secteur Financier (CSSF), Dutch Authority for Financial Markets (AFM), Netherlands Authority for the Financial Markets (AFM) |
Where each stands against the rest
| Fact | Kroo | Vivid Money | Median |
|---|---|---|---|
| Currency conversion fee | 0%below the median | 0.25%below the median | 0.5% |
| Currencies | Not confirmed | 22highest quarter | 5 |
| Free ATM withdrawals | £0at the median | Not confirmed | £0 |
Median across 536 listed accounts.
Pros and cons
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.
Vivid Money
Pros
- Transfers cost free, which keeps routine euro moves easy to budget
- Supports 22 currencies and issues IBAN for getting paid across borders
- Savings start from €0.01 with withdrawals under Instant access for flexible access
Cons
- Support runs on chat and help centre only, so callers must use chat or articles
- Account is digital only through digital only, with no branch option for cash service
Who each suits
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.
Vivid Money
Who it suits
- Travellers and expats holding balances across currencies
- Flexible savers wanting instant access pockets in the same app
- App led users happy with chat based service
Who should look elsewhere
- Consider bunq if conversion cost matters most and you want to compare against 3%
- Consider Bit2Me if crypto linked services matter and you want to compare against 0.95%
- Consider eToro if trading features matter and you want to compare upkeep against £0
Country by country
| Country | Kroo | Vivid Money |
|---|---|---|
| Guernsey | Yes | No |
| Isle of Man | Yes | No |
| Jersey | Yes | No |
| United Kingdom | Yes | No |
Questions about each
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.
Vivid Money
What does Vivid Money charge for the account+
The standard plan is priced at €0 a month, which keeps upkeep predictable for everyday use. Transfers are listed at free, while currency conversion is listed at 0.25% for cross currency moves.
How many currencies can you hold+
Vivid Money supports 22 currencies, which helps if you hold balances for travel or pay across borders. Local euro details come through IBAN, making it easier to receive salary or transfers within the region.
Other options to compare
Other matchups
Related by the facts
Kroo
Vivid Money