Klarna Credit Card Review 2025: Is it Worth it?

In today’s world of online shopping and flexible payment options, the Klarna Card stands out as a unique alternative to traditional credit cards. Offered by Klarna, a Swedish fintech giant known for its “Buy Now, Pay Later” (BNPL) services, this card lets you pay for purchases later without the commitment of a credit card.

But while Klarna’s card might seem like a dream for budget-conscious shoppers, it comes with its own set of pros and cons.

In this Klarna Credit Card review, we will look at everything you need to know how it works, the payment options available, cashback rewards and how it compares to other cards so you can decide if it’s the right fit for your financial lifestyle.

What is the Klarna Card?

The Klarna Card is a debit-like card that works more like a BNPL tool than a traditional credit card. Issued in partnership with Visa, it allows you to make purchases anywhere Visa is accepted and pay later, either in full or over time.

Unlike traditional credit cards, the Klarna Card doesn’t allow you to carry an open balance indefinitely. Instead, it gives you options to pay off your purchases either by the end of the month or in fixed instalments. There is no annual fee, and you’ll only be charged interest if you choose to spread payments over a longer period.

What really sets the Klarna Card apart is that it doesn’t perform a hard credit check, making it accessible to people with little to no credit history. However, it also doesn’t help build your credit, as Klarna doesn’t report to major credit bureaus.

Klarna Credit Card Review Quick Summary

Feature	Details
Card Type	Pay Later (BNPL) Visa Card
Annual Fee	$0
APR	28.99% (for installment payments)
Credit Check	Soft only
Reports to Credit Bureaus	No
Rewards	Up to 10% cashback at partner stores
Best For	Shoppers who want flexible payments without a credit card

Klarna Credit Card Ratings

Our Rating: 4.0 / 5

Category	Rating	Comment
Ease of Use	⭐⭐⭐⭐⭐	Smooth app and instant approval
Fees	⭐⭐⭐⭐	No annual or foreign transaction fees
Rewards	⭐⭐⭐	Cashback limited to partner stores
Credit Building	⭐	Doesn’t report to credit bureaus
Flexibility	⭐⭐⭐⭐	Great for short-term payments

Klarna Card Payment Options

When you make a purchase with your Klarna Card, you’ll typically get two options:-

• Pay Later in Full: Pay the full amount by the end of the month with no interest or fees.
• Split Payments Over Time: Divide your purchase into three or six monthly installments, but note that this comes with a high APR of 28.99%.

Not every transaction qualifies for the financing option, and Klarna decides eligibility based on your spending habits, purchase type, and other internal checks.

Klarna does not allow split payments for all items. Some purchases might only be eligible for the “pay later in full” option.

This model gives you flexibility without the revolving debt of a credit card, but it also requires discipline, especially if you are tempted by the “buy now, pay later” freedom. Argos Credit Card Review

Klarna Card Pros

Let’s have a look at the key advantages of using the Klarna Card:-

• No Hard Credit Check – Klarna only performs a soft credit check, so applying won’t affect your credit score.
• No Annual or Foreign Transaction Fees – You can use it abroad without worrying about extra charges.
• Visa Network Support – Use it virtually anywhere that accepts Visa online or in-store.
• Budgeting Tools – Klarna’s app provides real-time spending alerts and budgeting help.
• Quick Approval – If you are approved, you can start using a virtual version of your card instantly through Apple Pay or Google Pay.

Klarna Card Cons

Despite its flexibility, the Klarna Card has some drawbacks:-

• Doesn’t Build Credit – Klarna doesn’t report your payment activity to credit bureaus, so responsible use won’t improve your credit score.
• High APR on Financing – Choosing to split payments over time comes with a steep 28.99% interest rate.
• Limited Financing Availability – Not all purchases qualify for monthly installments.
• Waitlist for U.S. Users – As of now, the Klarna Card is only available via a waitlist for users in the United States.

Klarna Card Cashback and Rewards

Klarna isn’t just about flexible payments. It also offers cashback on your everyday spending. You can earn up to 10% cashback when you shop with your Klarna Card through their app at 200+ partner retailers.

Here Is how it works:-

• Browse the Klarna app for cashback-eligible stores.
• Make a purchase using your Klarna Card.
• Cashback will be credited to your Klarna balance within a few days.

Points to Remember

• Cashback rewards expire after 180 days if not activated.
• Cashback isn’t always guaranteed—some purchases may not be eligible.

While it’s not as generous as the rewards offered by some traditional credit cards, Klarna’s cashback is a nice perk for users who shop at partner retailers. Pulse Credit Card Reviews

Features of Klarna Card

Apart from its payment flexibility and cashback, Klarna includes some useful features:-

• Instant Virtual Card – Once approved, you can start using your Klarna Card through Apple Pay or Google Pay while waiting for the physical card to arrive.
• Security Controls – Freeze or unfreeze your card from the Klarna app.
• Push Notifications – Get notified immediately after each transaction.
• Spending Insights – See where your money is going and get tips to improve your spending habits.

These tools make the Klarna Card feel more like a modern fintech solution than a traditional credit product. Is Revolut a Credit Card

Is the Klarna Card Safe?

Yes, the Klarna Card is safe to use. Klarna uses bank-level encryption, real-time fraud monitoring, and Visa’s Zero Liability Protection, ensuring your payments and data are fully protected.

You can instantly lock or unlock your card through the Klarna app, receive immediate alerts for every transaction, and monitor spending from one secure dashboard.

Klarna also complies with PCI DSS (Payment Card Industry Data Security Standard), which is the same security framework followed by major banks and credit card issuers.

The Klarna Card offers strong digital security and privacy controls, on par with traditional financial institutions.

Klarna Card Vs Other Competitors

Here is a quick comparison between Klarana Credit card and the other Competiotors:-

Feature	Klarna Card	Affirm Card	PayPal Pay Later	Discover it®
Credit Check	Soft	Soft	Soft	Hard
Reports to Bureaus	No	Yes	No	Yes
APR	28.99%	0–36%	None (if paid on time)	Variable
Cashback	Up to 10%	None	None	Up to 5%
Best For	Short-term flexibility	Larger purchases	Existing PayPal users	Credit builders

“Klarna stands out for short-term convenience, but Discover or Affirm are better for those who want to build credit.”

How to Apply for the Klarna Card?

1. Download the Klarna app (iOS or Android).
2. Go to the Klarna Card section and tap Apply.
3. Complete a quick identity verification and soft credit check.
4. Once approved, you’ll get a virtual card instantly for Apple Pay or Google Pay.
5. The physical card will arrive by mail within 5–7 days.

✅ Eligibility Tip: Klarna typically approves users with consistent payment history on its BNPL platform.

Klarna Card User Reviews and Feedback

Platform	Average Rating	Summary
Trustpilot	3.9 / 5	Users love the convenience, but some dislike late fees.
App Store	4.6 / 5	Smooth app, easy payments, great design.
Reddit	Mixed	Positive for flexibility, negative for high APR.

User Insight: Most people appreciate Klarna’s flexibility for small purchases, but caution that the interest can add up quickly if you spread payments too often.

Who Should Consider Klarna Card?

The Klarna Card is best suited for:

• Young adults or students with limited credit history.
• Frequent online shoppers looking for flexible payments.
• People who pay off balances quickly and avoid interest.

Klarna Credit Card might not be suitable if you are looking for these features:-

• You want to build or rebuild your credit.
• You are likely to carry balances and can’t avoid Klarna’s high APR.
• You are looking for a long-term financing solution for large purchases.

Conclusion

The Klarna Card is a solid choice if you are looking for payment flexibility without a credit check, especially for smaller everyday purchases. It offers flexibility, instant approvals, and basic cashback rewards, all with no annual fees.

The high APR, lack of credit-building benefits, and financing limitations make it less attractive for long-term use or large expenses.

The Klarna Card is a convenient tool for short-term financing, but it’s not a replacement for a traditional credit card. If you’re responsible with spending and always pay on time, it can be a smart way to manage cash flow without credit risk.

Hope this article is helpful for you. If you have any question do write in the comment section. Also do share it with your friends and colleagues.