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News: New And Improved Klarna Card Is Coming - Credit-Land.com

After seeing success in Sweden, Germany and UK, Klarna decided to bring their Klarna Card to the US customers. The new Klarna Card will be issued by WebBank and backed up by Visa. The waitlist for the card is already open at Klarna official website.

Klarna is the AI powered global payments network and shopping assistant that allows consumers to shop smarter with greater confidence and convenience online and in-store. Thousands of global retailers integrate Klarna's innovative technology to drive growth and loyalty, including H&M, Sephora, Macy's, Ikea, Airbnb.

The Klarna Card offers greater payment flexibility, including an option to pay a monthly statement in full at zero interest, pay earlier than the statement due date at zero interest, or to pay over time or move a purchase to the next statement with interest. Klarna believes that this variety of choice gives consumers the power to budget and manage credit based on their needs, encouraging them to spend more responsibly.

Here are key features of the new Klarna Card:

  • Pay anywhere Visa is accepted, including in-store, online, and internationally
  • Zero foreign transaction fees when shopping abroad
  • Earn up to 10% cashback when you use the card in the Klarna app
  • Physical and virtual Visa card compatible with Google and Apple Pay
  • Flexible payment options with no revolving credit, including
  • Full spending overview in the Klarna app for financial budgeting
  • No monthly or annual fee.

While the Klarna Card is not a traditional credit card, there still are some eligibility criteria applicants should meet to be able to qualify for the card. First of all, applicants should be US residents of at least 18 years of age. Also, they should have purchased and repaid on time their purchase with Klarna at least once. Plus, applicants should pass internal and external credit checks and credit assessment.

tags : Cash Back Credit Cards Shopping

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All rates and fees, and other terms and conditions of the products mentioned in this article/post are actual as of the last update date but are subject to change. See the current products' Terms & Conditions on the issuing banks' websites.