Home/Banking & Finance/Kraken

Kraken

Verified

Trusted crypto exchange

Banking & FinanceSan Francisco, USkraken.com
Write a review

Reviews (3,478)

BF
Brandon FosterVerified
Oct 16, 2026

Low spreads on crypto

Customer support offered to call me back at a specific time instead of making me hold on terrible music. Customer service rep stayed on the line until my wire actually hit the recipient account on the other side.

RW
Robert WilliamsVerified
Oct 15, 2026

Clean mobile app

Advisor meeting was free, had no pressure to buy anything, and I walked away with a useful written plan.

BG
Brittany GriffinVerified
Oct 15, 2026

Fingerprint login never fails

Loan servicing portal clearly shows principal, interest, and escrow splits for every monthly payment I make. KYC was completed with a selfie and a passport scan in about four minutes with no follow up questions.

VW
Virginia WalkerVerified
Oct 15, 2026

Credit limit raised fast

BNPL approvals showed me the full repayment schedule up front with no surprise balloon payment at the end.

MH
Michelle HenryVerified
Oct 15, 2026

Trading fills are tight

Phone agent took ownership of my issue and followed up two days later to confirm it was fully resolved.

RP
Roger Parker
Oct 12, 2026

Automatic savings sweeps work

Fingerprint login almost always works on the first try and the fallback PIN flow is sensible when it does not.

RZ
Ronald ZimmermannVerified
Oct 12, 2026

Phone agents actually trained

Dividend reinvestment plan handles fractional shares cleanly and the cost basis tracking looks accurate across years.

RB
Reuben BrooksVerified
Oct 13, 2026

ATM network is huge

Credit limit was raised automatically after six months of on time payments without me having to call and ask. Compared half a dozen banks on fees and this one came out ahead by a meaningful margin on every category.

JD
Jean Doyle
Oct 11, 2026

Instant deposits every time

Fraud alerts caught a suspicious charge on my card within minutes and a replacement arrived the next day.

HB
Helen ButlerVerified
Oct 11, 2026

Great alternative to legacy banks

Fund transfers to another member on the same platform are instant with no fee and no excuses whatsoever.

LF
Louie FisherVerified
Oct 11, 2026

Decent savings yield

Loan payoff statement arrived within two business days of my request, exactly as the website had advertised.

CM
Cillian MorrisVerified
Oct 11, 2026

Easy loan approval

Secured card graduated to an unsecured one at nine months and my deposit came back in full the next week. My wire transfer to Europe cleared in under an hour and the exchange rate was close to the mid market.

NO
Niall O'Reilly
Oct 11, 2026

Loan rate beat competitors

Had an identity theft scare and the fraud team shut everything down and reissued cards within the same day. Educational content for new investors is written in plain English without being condescending or purely promotional.

AB
Angus BuchananVerified
Oct 11, 2026

Decent for savers only

Loan officer was helpful during application, but after closing the servicing portal felt like a different company. Finally made peace with the fee structure, but new customers would probably find it confusing at first glance.

OW
Olivia WilliamsVerified
Oct 11, 2026

Overdraft protection saved me

Account closure was handled quickly with no retention haggling and the remaining balance was mailed as a check. Really appreciate that overdraft fees are capped per day and often waived outright on small amounts.

PY
Poppy Young
Oct 10, 2026

Statement downloads are quick

Educational content for new investors is written in plain English without being condescending or purely promotional.

HQ
Hannah QuinnVerified
Oct 8, 2026

Travel benefits are generous

Dispute on an unauthorized charge was resolved in my favor within five business days of my initial filing. Really like that external transfers can be scheduled recurring without needing a separate bill pay module.

ZP
Zara Powell
Oct 9, 2026

Compliance team was helpful

Trade confirmations arrive instantly and the tax documents are organized perfectly at year end for my accountant.

CH
Clarissa HamiltonVerified
Oct 8, 2026

Reliable debit card

Depositing a paper check through the camera has worked every single time without rejections or hidden delays. Pending deposits are released early, often by a full day, which has saved me on timing a few bills.

MC
Marilyn Clark
Oct 7, 2026

Transfers take forever

Really a nightmare to close this account, with retention agents calling repeatedly for weeks after I had already left. Trading commissions are low on paper, but routing fees and other hidden costs make the all in price much higher.

OW
Olivia WashingtonVerified
Oct 6, 2026

Varies by rep

Rates are competitive on paper, though customer service response times make the experience feel decidedly average.

MP
Margaret PhillipsVerified
Oct 6, 2026

Impressive interest rates

Transfer limits can be raised directly from the app after a quick verification step rather than a branch visit. Mortgage advisor walked me through every closing cost line by line until I actually understood what I was signing.

GG
George GreenVerified
Oct 7, 2026

Simple Roth setup

Just moved my emergency fund here and the savings yield beat my old bank by a wide meaningful margin. Dispute portal lets you upload supporting photos and documents instead of making you fax them in from a store.

KW
Kenneth WardVerified
Oct 6, 2026

Branch staff were kind

Loan prequalification used a soft pull so I could shop rates without hurting my credit score at all. Love how fast travel notifications post, so my card never gets flagged mid transaction while overseas.

ES
Edward StewartVerified
Oct 6, 2026

Virtual cards are brilliant

Signing up for the Roth took about six minutes and the first contribution cleared the next business day.

EW
Ethan WattsVerified
Oct 5, 2026

Fees finally make sense

Credit card concierge actually got me a last minute hotel booking during a holiday weekend when nothing was available. Statements and tax forms can be downloaded as CSV, which my accountant appreciated during the last tax season. Business line of credit was approved based on actual cash flow rather than only backward looking tax returns.

TC
Toby ClarkVerified
Oct 4, 2026

Portfolio dashboard is elegant

Fee waiver for the premium account was honored exactly as the original sign up offer described it.

RO
Ronan O'Connor
Oct 3, 2026

Reasonable but dated

Had a decent broker experience for cash accounts, though margin accounts are priced noticeably higher than peers. Customer service quality seems to depend entirely on which agent you get, with no consistency between calls.

FS
Frank Scott
Oct 3, 2026

Perfect for freelancers

My wire transfer to Europe cleared in under an hour and the exchange rate was close to the mid market.

RF
Richard FerrariVerified
Oct 4, 2026

Customer service answered immediately

Credit card chip and tap transactions work overseas without any extra verification pop ups in the app. Really appreciate the two factor options including hardware keys rather than only unreliable SMS codes.

GR
Gianluca Riccardi
Oct 4, 2026

Options chain loads fast

Instant funding for new accounts meant I could trade the same morning I opened the brokerage online. Had a complicated estate transfer and the private banking team handled every piece of paperwork for me.

SS
Serena Serra
Oct 1, 2026

Credit limit cut randomly

Account bonus terms were changed after I signed up but before I qualified, moving the goalposts out of my reach.

RC
Rosa Carli
Oct 3, 2026

Fees ate my balance

Spoofing filters failed to block an obvious phishing message that resulted in a drained account for a family member. Really unhappy with the way they handle disputes, because the burden of proof falls entirely on the customer every time.

ML
Mattia LeoneVerified
Oct 2, 2026

BNPL kept me on track

Credit score tracking is built directly into the app with no upsell to a paid monitoring service. Deposited a large check and the funds were fully available the next morning instead of a long ten day hold.

AP
Alessia PaganoVerified
Oct 2, 2026

KYC done in minutes

Rewards program is simple to understand and I actually earn enough cash back to notice at year end. Fee waiver for the premium account was honored exactly as the original sign up offer described it. Push alerts can be fine tuned to only trigger above a dollar threshold, which cut the noise down dramatically.

NM
Nicoletta MarianiVerified
Sep 30, 2026

Great cashback program

Finally found a crypto exchange where withdrawals arrive on chain within minutes rather than being stuck for days. Chat support solved a Zelle issue in under four minutes without transferring me three times across departments.

FF
Fabio FrancoVerified
Sep 29, 2026

Earned real interest finally

Pending deposits are released early, often by a full day, which has saved me on timing a few bills. Customer support offered to call me back at a specific time instead of making me hold on terrible music.

GR
Gaetano RizzoVerified
Sep 29, 2026

Finally a bank that listens

Branch staff remembered me by name after two visits and the lobby wait was consistently under five minutes. Virtual card numbers for subscriptions let me cancel anything I want without updating a dozen different merchants.

CM
Carolina MachadoVerified
Sep 30, 2026

Finally a usable broker

Fees are listed in one simple schedule with no asterisks and nothing has surprised me on a statement yet. Options chain is laid out well with implied volatility and open interest easy to scan at a glance.

HL
Hugo Leite
Sep 30, 2026

Finally a trustworthy exchange

Deposited a large check and the funds were fully available the next morning instead of a long ten day hold. Credit card accepts Apple Pay and Google Pay provisioning immediately on approval rather than days later.

MM
Marcello MartinoVerified
Sep 28, 2026

Dividend reinvestment works perfectly

Account aggregation feature pulled in balances from three other institutions without any connection issues at all.

GR
Gianna RomanoVerified
Sep 29, 2026

Switched and never looked back

Options assignment handling was clean, with early notice and clear instructions on what to expect at expiration.

EJ
Emilio JiménezVerified
Sep 27, 2026

Fast wire transfers

Easy to toggle paperless statements and to pull two years of history whenever I need them for an audit. Transfer limits can be raised directly from the app after a quick verification step rather than a branch visit. Automatic round ups into savings have quietly built up a surprising cushion over the past year of spending.

VS
Victoria Suárez
Sep 26, 2026

Trading platform crashed again

Really a disappointment, especially since the marketing promised a modern experience but the product feels decades old. Credit limit was slashed without any explanation after a full year of perfect on time payments on every bill.

DG
Debora GrassiVerified
Sep 28, 2026

Mortgage team was patient

Statements and tax forms can be downloaded as CSV, which my accountant appreciated during the last tax season. Automatic round ups into savings have quietly built up a surprising cushion over the past year of spending.

VC
Veronica CavalloVerified
Sep 28, 2026

Chat support solved it

Mobile check deposit cleared the same business day for amounts well above the usual low threshold. Finally a brokerage that lets you move cost basis in from an outside firm without multiple frustrating phone calls.

SC
Sergio CattaneoVerified
Sep 26, 2026

Fee waivers were honored

KYC was completed with a selfie and a passport scan in about four minutes with no follow up questions.

BA
Benedetta AgostiniVerified
Sep 27, 2026

Educational content is solid

Interest on the high yield savings account posts monthly and matches what the website advertises up front. Statements are formatted so clearly that reconciling to my bookkeeping software takes about three minutes a month.

RP
Rossana Pellegrini
Sep 26, 2026

Statements are crystal clear

Opening a checking account took less than ten minutes and the debit card arrived three days later as promised.

MS
Massimo ScarpaVerified
Sep 25, 2026

Smooth onboarding experience

Investment research includes third party analyst reports without requiring a premium subscription or upsell.