Krak Card

Does the krak card support Mastercard Travel and Lifestyle services?

No, it is a Wolrd Elite Mastercard but doens’t come with any of the benefits.

Should still let you get the car hire benefits though.

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Krak seem to have sorted out their shipping issues as this arrived today.

Orange was a good choice it’s super shiny. Fingerprint magnet tho :distorted_face:

Mine still hasn’t arrive from those months ago. Closed it anyway.

Can anyone confirm if their account has been added to any credit reports? Thanks

What do you mean? Like a credit check, or if it’s reported monthly with CATO?

I had a soft check from “Aristotle International” when applying for the account.

And it hasn’t appeared on my credit file in any other way yet, but this could change as I’ve only had it for ~2 weeks.

What’s CATO?

Current account turnover. Where your balance is supposedly reported to the CRAs every month.

I know what that is, it wouldn’t report a balance if it’s not a credit account.

Krak is not a credit account, nor reportable. It’s not a bank account.

Just got this since new customer now get 2% cashback for the first month. Looks like you guys didn’t get as much when you joined and they’re changed the balance levels for cashback

Has anyone had any experience of any institutions getting upset about sending money to Krak?

I’m considering opening an account but don’t want to get the wrong side of any of my current providers because my current set-up is fine-tuned and working well for me.

TIA

Monzo actually, they blocked one of my deposits but once I explained what it was for they unlocked it pretty quickly

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Thank you!

Krak is doing £10 referrals now for signing up to their card (must spend £50 minimum (£10 purchases minimum, minimum of 5x)).

Doesn’t have to be stored in crypto, you can top-up directly into their fiat account. There are only 1-2 links in referrals (guessing not much uptake) so I thought I’d let anyone interested know here.