# Krak: Money App & Card — Cashback, APY & Rewards

> Global P2P money and crypto transfers with rewards. (iPhone/iPad app by Kraken.)

- Source: https://appshunter.io/ios/app/krak-money-app-and-card/id6738051700 (this page in markdown: same URL + `.md`)
- Developer: [Kraken](https://appshunter.io/developer/914671505)
- Category: Finance
- Price: Free
- Rating: 4.60/5 from 549 App Store ratings · 208 written reviews indexed
- Age rating: 4+
- Requires: iOS 15.1 · 286 MB
- Languages: American English, Dutch, French (France), German (Germany), Italian, Polish, Brazilian Portuguese, Russian, Chinese (Simplified, China), European Spanish and 3 more
- Released: 2025-06-26
- Data updated: 2026-09-03
- Monetization: free with in-app purchases
- User reviews in markdown: https://appshunter.io/ios/app/krak-money-app-and-card/id6738051700/reviews.md

## What is Krak?

The app for all your money. Get cashback on everyday purchases, and put your assets to work and earn market leading returns. No hidden fees, no monthly minimums, no catch.

Download Krak and open an account in minutes.

SPEND AND GET CASHBACK
• Earn up to 2% cashback in USD or BTC on everyday spend
• No monthly fees, no minimum balance, no surprises
• Works everywhere Visa is accepted, in-app or added to your mobile wallet
• Real-time transaction alerts and 24/7 fraud monitoring

GROW YOUR ASSETS 
• Start earning up to 6% APY on your eligible assets with Krak Vaults
• Start your investment journey from for as little as $1

EXCLUSIVE DISCOUNTS & EARNINGS
• Access 4- and 5-star hotels at members-only rates at up to 60% off
• Earn up to 6% cashback at checkout on travel in app via Krak Concierge

CRYPTO, DONE SIMPLY
• Buy, sell, and hold Bitcoin, Ethereum and 600+ other assets with zero complexity
• No jargon, no trading-desk energy,  just a way to make your money work harder
• Transfer assets to and from your Krak balance in just a few taps.

Trusted by over 380,000 customers worldwide
• Your money is safeguarded and your crypto is backed by transparent Proof-of-Reserves on major assets.
• 24/7 in-app support Find answers instantly, or get help from our support team.

Open an account, make a deposit, and put your money to work.


DISCLAIMER
Variable spread may apply when spending, FX fees apply, and third-party fees may apply at ATMs. See Pricing for details.
Rate depends on average assets held with Krak, Kraken, and Kraken Pro. T&Cs apply.
Vaults are not a regulated financial product. APY is variable and not guaranteed. There is a risk of loss.

Not investment advice. Crypto trading involves risk of loss and is offered to US customers through Payward Interactive, Inc.

Krak debit card is issued by Lead Bank under Visa license. Krak is not a bank; balances are not FDIC/SIPC-insured. Digital assets converted to USD at purchase; values may fluctuate. Eligibility and state restrictions apply. See terms.

Krak Third Party Payments is provided by Payward Interactive, Inc. (NMLS #1843762), a licensed money transmitter. Krak is not a bank. The virtual account is not a deposit account and is NOT FDIC insured. Funds are pooled at Citibank, N.A., for customer benefit. Customers are not citibank accountholders, Terms apply.

Geographic restrictions apply. Instant buy/sell fees apply when you convert one asset to another before making a transfer.

Eligibility and state restrictions apply. See terms.

Geographic restrictions apply. Rewards rates are determined and paid out by Kraken in its sole discretion and are subject to change. See our Terms of Service for more info. Due to its partnership with the issuer, Kraken receives an economic benefit with respect to amounts of stablecoin minted, held on platform, and received in on-chain transfers.

Krak Concierge is powered by Entravel. Kraken is not a travel agent. Prices and refund policies are set by the provider. Krak may receive a commission from Entravel on completed stays. Geo restrictions apply.

## Key features

- Instant global P2P payments
- Send money to 160+ countries
- Earn up to 3.6% rewards on USDG
- Zero transfer fees
- Hold, convert, and send 600+ currencies/crypto
- Chat-like payment interface
- Referral rewards

## What do users think of Krak?

Overall sentiment: positive

**Pros**

- 👍 User-friendly app
- 💡 Competitive yield on USDG
- 🚀 Instant global money transfers
- 🚀 No fees for money transfers

**Cons**

- 🐛 Crashes on launch
- 🐛 Confusing UI/UX
- 💰 Unexpected fees
- 🔒 Not available in certain regions

**Commonly reported bugs**

- Transfers not showing up in Kraken app
- Inability to see friends in the app

**Most requested features**

- Expense tracking and group features
- Detailed tutorial videos
- Kraken debit card launch

## Recent user reviews (10 of 208)

All indexed reviews: https://appshunter.io/ios/app/krak-money-app-and-card/id6738051700/reviews.md

### 3/5 — NOT ALLOW TO REQUEST

*2026-08-31, version 1.57.1*

It won’t allow me to request I just want to try this out for the first time

### 1/5 — Total scam

*2026-08-30, version 1.57.1*

This bank will let you open the account then make some transactions after they ill freeze your money for months and you ill just be stranded with nothing to do about it as they have no support team

### 5/5 — Super

*2026-08-27*

Vraiment je recommande fortement je vous laisse mon code de parrainage n’hésitez pas a l’utiliser

**Developer response:** Merci pour votre avis 5 étoiles ! 💜

### 1/5 — Rubbish App. Avoid. They just restrict your account for no reason

*2026-08-25, version 1.56.0*

They just put a restriction on my account for no reason. Just opened the account one week ago. Please just return my money and close my account. Please Avoid. Really terrible app

### 5/5 — Nice banking

*2026-08-25, version 1.56.0*

I like Krak☺️ ,it’s safe and easy to use.

### 5/5 — Einfach Mega

*2026-08-24*

Einfach perfekt ❤️

**Developer response:** Vielen Dank für die tolle Bewertung! Wir freuen uns sehr, dass du so begeistert bist — das bedeutet uns sehr viel! Wir werden weiterhin hart daran arbeiten, dir das beste Erlebnis zu bieten! 🐙

### 5/5 — Super Geldkarte und Konto

*2026-08-23*

Kostenloses Girokonto mit Karte, Cashback und sogar Gehaltsbonus. Die App ist einfach zu bedienen und ergänzt super die Kraken-Kryptobörse

**Developer response:** Es ist toll zu sehen, wie jemand alle Funktionen voll ausschöpft! Weiter so!

### 1/5 — Great OS terrible company

*2026-08-23, version 1.56.0*

I have had nothing but issues with this bank, they froze my account for weeks with zero help, I had to reach out the the CEO who finally got me a response which said - we are freezing your account until you can send this confirmation that it is safe, that we over a week ago and nothing since. 

Shame as it’s a great APP and system, but the company behind it is garbage and no helpful at all.

### 5/5 — Très t’es bonne application

*2026-08-22*

J’adore vraiment cet application elle est super et grâce à elle j’arrive à trader comme un pro et recevoir de l’argent comme je veux

**Developer response:** Merci pour cet avis 5 étoiles ! Nous sommes ravis que Kraken vous aide à trader en toute confiance et vous offre la flexibilité de gérer vos fonds comme vous le souhaitez. 💜

### 5/5 — Krak

*2026-08-22, version 1.56.0*

I’m addicted to Krak

## Frequently asked questions about Krak

### What does Krak do?

Krak is a mobile application designed for fast, simple, and secure peer-to-peer money transfers globally. It allows users to send and receive money instantly in over 160 countries, supporting a wide range of fiat currencies and crypto assets.

### What are the key features of Krak?

Key features include instant transfers to over 160 countries using a username, earning rewards on USDG balances, zero transfer fees with transparent conversion rates, and the ability to hold, convert, and send over 600 fiat currencies and crypto assets. It also offers a chat-like interface for payments and referral rewards.

### How much does Krak cost?

The app itself is free to download and use for sending and receiving money. While there are no explicit transfer fees for basic transactions, instant buy/sell fees apply when converting one asset to another before a transfer. Specific fee details can be found on Kraken's fee schedule.

### Is Krak available on all devices?

The description mentions a 'lightweight, on-the-go app,' implying mobile availability. However, specific compatibility details for iOS and Android are not provided in the text. Geographic restrictions may also apply to certain features or availability.

### What are common use cases for Krak?

Common use cases include splitting bills with friends, paying for services, sending cash to family abroad, managing international finances without multiple apps, and receiving payments in different currencies or crypto assets. Users can also earn rewards for transactions and by referring friends.

## Version history (last 5 releases)

### 1.58.2 — 2026-09-01

We’re always making sure Krak is easy, safe and secure for you to use.

This release contains various improvements and fixes.

### 1.57.1 — 2026-08-25

We’re always making sure Krak is easy, safe and secure for you to use.

This release contains various improvements and fixes.

### 1.56.0 — 2026-08-19

We’re always making sure Krak is easy, safe and secure for you to use.

This release contains various improvements and fixes.

### 1.55.2 — 2026-08-11

We’re always making sure Krak is easy, safe and secure for you to use.

This release contains various improvements and fixes.

### 1.54.0 — 2026-08-04

We’re always making sure Krak is easy, safe and secure for you to use.

This release contains various improvements and fixes.

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## More apps by Kraken

- [Kraken Pro: Advanced Trading](https://appshunter.io/ios/app/kraken-pro-advanced-trading/id1473024338)
- [Kraken: Buy Crypto & Stocks](https://appshunter.io/ios/app/kraken-buy-crypto-and-stocks/id1481947260)
- [Cryptowatch](https://appshunter.io/ios/app/cryptowatch/id1528861867)
- [Kraken Wallet: Crypto & DeFi](https://appshunter.io/ios/app/kraken-wallet-crypto-and-defi/id1626327149)
- [Kraken Inky](https://appshunter.io/ios/app/kraken-inky/id6741870828)

All apps by Kraken: https://appshunter.io/developer/914671505

## Related topics

[krak](https://appshunter.io/ios/topics/krak) · [money transfer card](https://appshunter.io/ios/topics/money-transfer-card) · [send money debitcard](https://appshunter.io/ios/topics/send-money-debitcard) · [kraken](https://appshunter.io/ios/topics/kraken) · [kraken pro](https://appshunter.io/ios/topics/kraken-pro) · [kraken exchange](https://appshunter.io/ios/topics/kraken-exchange) · [mraken](https://appshunter.io/ios/topics/mraken) · [ekmob](https://appshunter.io/ios/topics/ekmob) · [kkbits](https://appshunter.io/ios/topics/kkbits)

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*Data collected daily from the US App Store and indexed by [AppsHunter](https://appshunter.io/). User reviews are verbatim App Store reviews. Ratings, prices and chart positions refresh continuously; this snapshot is from 2026-09-03.*