What’s my credit limit and how much can I spend?
There is no predefined credit limit when using Klarna products, instead, you can see your Spending limit in My Klarna if you are a returning Klarna customer. Your spending limit is an estimated amount based on available credit decision data in real-time.
If you are using the Shopping extension on your browser, you can see your estimated spending limit when you create a One-time card to Pay in 4.
Heads up, your spending limit is an estimate and not a guarantee. The minimum spend is $10.00. But your spending limit may be higher or lower depending on the store you shop with and the payment option you choose.
Can I increase my spending limit?
When you attempt to make a purchase above your spending limit the same automated credit decision process is triggered. Your purchase will be approved if you are eligible for the requested increase.
Good to know: To ensure safe spending practices Klarna does not approve 100% of all orders because our aim is to support responsible, ethical, and sensible spending habits. Various factors are assessed and the approval decision is not based solely on credit information, but rather multiple internal data points such as past payment history, the time of day, and the size of the purchase.
Restrictions are tighter for ‘new’ shoppers and until we get to know you. Customer-initiated manual requests for spending limit increases are not offered.
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