Fixed term savings account
Up to 2,74% interest on your savings
Let your money make money in a safe place.
*Interest rates subject to change
A safe place to let your money grow
Choose a rate and term that works for you and lock in a fixed rate. No account management fees. Plus, all deposits are covered by the government deposit guarantee. *
*The account is covered by the Swedish deposit guarantee scheme in accordance with a decision by the Swedish National Debt Office. The maximum compensation to each customer is 1,050,000 SEK (about 100,000 €) and the National Debt Office will make the compensation available for payment within 7 business days of the date the right to compensation commenced. Read more
.The amount of compensation payable will be determined by the prevailing exchange rate at the time that the payment is made. By way of example, the amount of compensation that would be paid today equates to approximately 100,000 € but this figure may fluctuate over time.
Lock in your rate
Choose a term and rate that works for you, sign up in the Klarna App and start saving.
3 months | 2,65% per year |
6 months | 2,53% per year |
12 months | 2,55% per year |
18 months | 2,73% per year |
24 months | 2,68% per year |
36 months | 2,74% per year |
48 months | 2,67% per year |
How it works
In the Klarna app you can open your account in minutes and manage your money safely.
Sign up in minutes
Open your Klarna fixed savings account online or in the app. No piles of paperwork to sign—it's digital!
Intuitive money management
Easily check your accounts, see how much interest you've earned, and more—with a few taps in the app.
24/7 customer support
Chat with us anytime in the Klarna app or request a callback.
Save at your own pace
We don't charge a account management fee or withdrawal fees, and there's no minimum deposit. You choose the term that works for you, when that term's done, you get your deposit plus the sweet interest it's earned.
Join other savers who've already locked in their guaranteed rate
7
Saving options available
+40m
Klarna app users
100,000 €*
What your account is insured is up to
*The account is covered by the Swedish deposit guarantee scheme in accordance with a decision by the Swedish National Debt Office. The maximum compensation to each customer is 1,050,000 SEK (about 100,000 €) and the National Debt Office will make the compensation available for payment within 7 business days of the date the right to compensation commenced. Read more
.The amount of compensation payable will be determined by the prevailing exchange rate at the time that the payment is made. By way of example, the amount of compensation that would be paid today equates to approximately 100,000 € but this figure may fluctuate over time.
Questions?
Find your answers below. For any further help or trouble-shooting, please contact customer service
The Klarna fixed account is a fixed term deposit account right in the Klarna app. You can save money for a set period of time at a fixed interest rate, receive interest on your savings and manage your deposit any time.
Klarna Bank AB (publ), trading as Klarna, is authorised/licensed or registered by the Swedish Financial Supervisory Authority (Finansinspektionen) in Sweden and is regulated by the Central Bank of Ireland for conduct of business rules.
Please find our business terms here:
To open a fixed account, you need to sign up for a Klarna balance in the Klarna app. Transfer the money you want to invest from your other bank account to your Klarna Balance. This usually takes 1 to 3 working days. As soon as you have funds in your Klarna Balance, you can choose term length and rate and transfer the savings amount into your new fixed account. That's it.
To open a fixed account, you need Klarna balance. The fixed accounts are always linked to your Klarna balance.
There are no fees for fixed accounts. Not for the sign-up and no monthly fees either.
For a term of up to 1 year, the interest is paid out after the term has expired. If the term is longer than 1 year, the interest is paid out annually and once the term has expired.
After the term has ended, the original deposit amount together with any accrued interest is sent back to your Klarna balance. At the same time, the fixed account is automatically closed.
With Klarna fixed accounts you receive guaranteed interest. That means it will not fluctuate during the term you have chosen. This way, you know in advance how much interest you will earn on your deposits. Because Klarna is a Swedish credit institution, it is protected by the Swedish deposit guarantee. Deposits up to 100,000 €* per person (across all of the person's accounts) are protected by the Swedish deposit guarantee.
The account is covered by the Swedish deposit guarantee scheme in accordance with a decision by the responsible Swedish authority “Riksgälden”. The maximum compensation for each customer is 100,000 € and the relevant authority will make the compensation available for payment within 7 working days from the start of the claim for compensation.