6 Things To Know About The Klarna Visa Card

If you are not already familiar with the ‘Buy Now, Pay Later’ model by Klarna, you probably still wait until pay day to get what you want. Klarna is a payment option that pops up on various websites from high street to luxury brands including beauty, fashion, electronics and more. It allows you to pay in three interest-free instalments, notifies you about upcoming payments and helps you keep track of your expenses too.
 
So, we are here to spare you the FOMO with 6 things you should know about their latest launch of a physical Visa card.

1. Visa? By Klarna?
You may wonder why Klarna would go from digital to physical when everyone is moving in the other direction. With the Klarna card, the digital ‘sign-up and use’ platform now sends you a physical Visa card to add convenience to your in-store shopping experience. You can shop for things you want now and pay up to 30 days later.

2. How it works?
Just like your bank Visa cards, you can manage the card through the Klarna app. Notifications for purchases made and payments due can be set up. You can also add the Klarna card to Apple Pay or Google Pay and use it by tapping your phones or smart watches.

3. Can I have one too?
If you are a UK resident above the age of 18, you are eligible to apply for the Visa card on www.Klarna.com. When you apply for the card, the company runs a short credit score check on you after which you will receive the card in 5-7 business days.??


4. Where can I use it?
With the Klarna card, you can shop in most physical stores where Visa is accepted when you checkout. But hey, it obviously cannot be used to withdraw cash from an ATM. Remember- it is still a digital platform that allows you a limited credit for a short period of time so make sure to use the card responsibly.

5. Will it match my style?
The Klarna Visa card comes in two trendy designs- an entirely matte black classic look with a high gloss ‘K.’ printed on it and a soft pink with black pop lettering look to keep it cute. With a waitlist of 400,000 customers in the UK, the Klarna card is here to become a must-have.??


6. What’s the point?
The Klarna card is like an ‘easy-to-get' credit card with a smaller spending limit to help you manage your money more efficiently without compromising on that wish-list. The spending limit changes from time to time based on your credit score and payment of previous dues.