The purchase now, pay later supplier has launched its first debit card, alongside paid for tiers with perks.

Although you’d usually affiliate Klarna with borrowing, it’s starting to maneuver into on a regular basis banking. The brand new debit card and membership tiers are aimed to compete with packaged and premium present accounts with cashback, freebies and insurance coverage – although there’s lots it received’t do proper now. Right here’s what you should know.

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What’s the Klarna card?

The Klarna card, rolling out from late October 2025, is by itself fairly restricted. The truth is the one factor value mentioning is that its fee-free to use abroad – although there are many different choices that do that.

It’s a Visa debit card, and you’ll apply for it by way of the Klarna app. You’ll get a digital card without spending a dime so as to add to your cellphone pockets, however if you need a bodily card you’ll want one of many paid memberships.

You received’t get an account quantity or kind code, and there’s no capability to arrange issues like standing orders and direct debits. It’s principally only for spending, although ultimately Klarna needs to supply these extras and go for a full banking licence.

There are two methods to make use of the cardboard. You may high up your Klarna account with funds, and spend as you’d with any debit card. That is the default solution to pay.

You’ll handle deposits and monitor spending by way of ‘Klarna stability’, which is an e-money account. There’s additionally the choice to arrange auto-top ups, shifting cash out of your related account when the stability drops under zero.

It’s value noting that cash held in your account received’t be protected by the Financial Services Compensation Scheme (FSCS), although Klarna do have to have their very own protections in place.

Or you may as well apply for the traditional Klarna buy now, pay later service to pay over three months without spending a dime, or longer with curiosity added. At launch you may solely do that earlier than spending, however quickly you’ll have the ability to transformed already accomplished debit card purchases.

As with every Klarna BNPL choice, this solution to pay would require affordability checks, with full regulation and enforced credit score checks coming in late 2026.

What are Klara memberships?

There are 4 upgrades to the Klarna card – Core, Plus, Premium and Max. Every include a month-to-month price, however in return you may get entry to issues like cashback, subscriptions, an eSim and extra.

With the cashback providing, it’s solely supplied when you use your stability to pay. Although not all options have been revealed, we do know the memberships embrace the next:

Klarna Core

You don’t get a lot right here in any respect. I don’t count on the month-to-month reductions to be that particular or value paying £23.88 a 12 months to entry, however I hope I’ve proved incorrect.

  • Value: £1.99 a month 
  • Bodily and digital Klarna Card
  • As much as £15 in month-to-month unique service provider reductions 

Klarna Plus

A better price for Plus will get you cashback and £8 again each three months, although we don’t know the place you should use that money but.

  • Value: £7.99 a month 
  • Bodily and digital Klarna Card
  • 0.5% cashback while you pay in full with Klarna stability
  • £8 membership low cost each three months at companion shops
  • As much as £80 in month-to-month unique service provider reductions 

Klarna Premium

Klarna claims that every one the advantages are value a staggering £2,000 a 12 months – although you’ll be paying £215.88 a 12 months to get them.

  • Value: £17.99 a month
  • Subscriptions to any of the next: Audiobooks.com, Blinkist, ClassPass, Clue, Condé Nast (Vogue & GQ), Headspace, Laundryheap, Picsart, The Instances and Sunday Instances
  • 0.5% cashback
  • World journey insurance coverage  
  • 2GB eSIM
  • £8 membership low cost each three months at companion shops
  • As much as £80 in month-to-month unique service provider reductions 
  • 16g steel card (silver or black)

Klarna Max

This one prices much more, however based on Klarna is value £5,000 in advantages over 12 months.

  • Value: £44.99 a month
  • Subscriptions to any of the next: ASMALLWORLD, Audiobooks.com, Blinkist, ClassPass, Clue, Condé Nast (Vogue & GQ), Headspace, Laundryheap, Picsart, The Instances and Sunday Instances
  • 1% cashback
  • Complete journey, rental-car, and cancel-for-any-reason insurance coverage 
  • 5GB eSIM
  • £8 membership low cost each three months at companion shops
  • As much as £80 in month-to-month unique service provider reductions 
  • Limitless airport lounge entry worldwide by way of LoungeKey Move (1,600+ lounges and journey experiences)
  • Unique 16g rose gold steel card

Are Klarna memberships value it?

As with every packaged account, there’s the potential to save cash. And with the Premium and Max tiers there are a number of freebies and extras accessible by way of Klarna that may price so much if paid for individually.

However that’s solely going to avoid wasting you money when you would usually pay for what’s on provide. And at first look that’s a tall order for these Klarna memberships.

For a begin the 0.5% cashback factor can simply be crushed by different reward credit or debit cards on the Plus and Premium tier, and matched for a lot spending on the 1% Max degree, so I don’t see this as a perk you may put towards the month-to-month charges.

The included subscriptions aren’t precisely on the high of everybody’s listing, so the probabilities of you already paying for one in all these, not to mention extra, are fairly slim. Nonetheless, because the field under reveals, when you do already truly use a pair then there’s the chance to avoid wasting.

Included subscription worth

Should you have been to pay individually for the included subscriptions, they’d price the next. Klarna hasn’t but mentioned which degree of subscripton you’ll get if there are a number of choices, so I’ve assumed entry degree.

Subscription (assumed tier) Value Klarna tier
ASMALLWORLD £79 a 12 months Max
Audiobooks.com £7.99 Premium & Max
Blinkist £59.99 a 12 months Premium & Max
ClassPass (9 credit a month) £15 a month Premium & Max
Clue £24.99 a 12 months Premium & Max
Vogue £24.99 Premium & Max
GQ £22.99 a 12 months Premium & Max
Headspace £9.99 a month Premium & Max
Laundryheap £2.99 a month Premium & Max
Picsart £5 a month Premium & Max
The Instances and Sunday Instances £20 a month Premium & Max

Should you want annual worldwide journey insurance coverage, and would usually pay for this, then you may definitely issue this in, but it surely received’t be sufficient to justify the total £17 of Premium. And although Max provides in additional protection, I’d nonetheless recommend you take a look at different packaged account first. As ever you’ll need to test what is roofed and what isn’t to make certain it meets your wants.

Max gives airport lounge entry too, although you may as well get that by way of the American Express Platinum card. That Amex is available in at £650 a 12 months, which is £110 greater than Klarna Max, however there are different options, together with journey insurance coverage and dining credit which may very well be higher worth – particularly with the first rate welcome provide.

The eSIM may very well be useful for while you go overseas, although the chance of you needing this for various months a 12 months are slim. And naturally, there are networks which nonetheless enable free EU roaming, whereas some, corresponding to these on each VIrgin Media and O2 get different nations throughout the globe.

You’ll even be paying for the steel playing cards with Max and Premium, one thing I actually can’t see the worth in. Sure they’re good, however I’d slightly have the money.

What’s remains to be a thriller, and we’ll replace the article once we know extra, is the £8 of reductions each three months and additional reductions at retailers every month. If these apply to helpful retailers corresponding to supermarkets it’s value contemplating. I’d think about although it’ll simply be for random, and never all the time that helpful, companies – the form of factor you see with dozens of different memberships.

So general I’d say maintain tight for now, but it surely’s definitely one to observe.