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What are the benefits of having a Klarna balance?

A Klarna balance gives you a simple way to manage your money. Use it to pay with a Klarna Card, redeem cashback rewards, and get faster refunds. Add funds at any time.

What you can do with a Klarna balance

Pay for purchases

Use your Klarna Card to pay directly from your balance.

Pay early

Pay off eligible Klarna purchases early using your balance.

Get refunds faster

Receive your refunds directly to your balance and get them faster.

Get cashback

Redeem Klarna Cashback Rewards for money in your balance.¹

¹ Klarna Cashback Rewards are awarded as points which can be redeemed for a credit to your Klarna balance and other benefits. Earn cashback on Klarna App purchases. Klarna balance account required to receive cashback. Cashback issuance depends on store approval and may be affected by cookie settings, combining offers, product exclusions, or other factors beyond our control. Limitations, terms, and conditions apply.

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How a balance can make budgeting easier

Keeping a balance puts your shopping money in one place, making it easier to see how much you’ve set aside. Instead of moving money from your bank every time you check out, add funds when it fits your budget and spend directly from your balance.

With a balance in place, it is easier to:

  • Plan ahead by adding money in line with your pay cycle or spending goals

  • Keep shopping money separate from monthly bills

  • See all your Klarna spending in one place 

There’s no minimum balance required. You decide when and how much to add.

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Pay with Klarna almost anywhere

With a balance and a linked Klarna Card, you can pay anywhere Visa is accepted, online or in store. Your purchases come straight from your balance instead of your bank account, and you can track everything in the Klarna app.

Refunds go straight to your Klarna balance. Once your refund is processed, it’s available immediately, without the usual bank delay. You can put it toward your next purchase or use it to pay down an existing order, keeping your spending on track.

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Redeem cashback to your balance

Shop in the Klarna app at participating stores to earn cashback. Once confirmed, you can convert it to fund your Klarna balance and use it like any other money in your account. 

With a Klarna membership, you can also earn cashback on everyday debit purchases and convert cashback to airline miles or hotel points. Eligibility and program terms apply.²

² See Membership Benefits Rewards Summary for terms and conditions for subscriptions and other benefits based on your membership.

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Copyright © 2005-2026 Klarna. Klarna Financial Services UK Limited is authorised and regulated by the Financial Conduct Authority (“FCA”) for carrying out regulated consumer credit activities (firm reference number 987889) and the provision of payment services and the issuing of electronic money under the Electronic Money Regulations 2011 (firm reference number 1021834). Klarna Financial Services UK Limited offers both regulated and unregulated products. Klarna’s interest free and pay up to 12 months Financing agreements, Pay in 3 instalments and Pay in 30 days agreements are not regulated by the FCA. Incorporated in England (company number 14290857), with its registered office at 10 York Road, London, SE1 7ND.