What are the benefits of having a Klarna balance?
A Klarna balance is a debit account issued by WebBank, member FDIC, that gives you a simple way to manage your money¹. Use it to pay with a Klarna Card, redeem cashback rewards², and get faster refunds. Add funds at any time.
What you can do with a Klarna balance
Pay for purchases
Pay early
Get refunds faster
Get cashback
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.
Pay with Klarna almost anywhere
With a balance and a linked Klarna Card, you can pay anywhere Visa is accepted, online or in store.³ 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.
Redeem cashback to your balance
Shop in the Klarna app at participating stores to earn cashback. Once confirmed, you can convert it to fund in 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.⁴
Related articles
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How can Klarna help manage my budget?
What does "interest-free" really mean?
Pay now vs. pay later: choose what works for you
Take Klarna wherever you go
Discover all of the above and more—only in the Klarna app.
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¹ Deposits in your balance account are held at WebBank, Member FDIC. Klarna is not an FDIC-insured bank and deposit insurance only covers the failure of WebBank. Your deposits in the balance account are eligible for pass-through deposit insurance coverage if certain conditions are satisfied. Funds may be made available to you before WebBank receives them (“early availability funds”); such early availability funds may not be FDIC insured until received by WebBank. Loans that you obtain using the Klarna Card are not insured by the FDIC and are not deposits. Account disclosures.
² Earn cashback on Klarna App purchases. Klarna balance account required and funds can only be used within Klarna. Cashback issuance depends on store approval and may be affected by cookie settings, combining offers, product exclusions, or other factors beyond our control. Klarna may get a commission. Limitations, terms and conditions apply.
³ Anywhere Visa is accepted. Certain merchant, product, goods and service restrictions apply. Some merchants do not accept virtual cards. Physical card only included with a paid Klarna Membership Plan.
⁴ Klarna Membership offered in partnership with WebBank for a monthly fee. Cancel any time in the App. Exclusions, conditions, and limitations apply to membership benefits. Klarna Membership Terms apply.