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How is fixed interest calculated and paid out?

How is fixed interest calculated and paid out?

Interest is calculated daily based on your fixed deposit amount.

If the fixed term is less than 12 months, interest is paid out once the term has matured. If the fixed term is greater than 12 months, interest is paid out annually. The final interest payment is made at the end of the term.

Interest is credited to your Klarna balance.

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