The Klarna card officially debuts in Italy , a welcome development just days after the service was activated as a payment method for pagoPA notifications within the IO app. The debit card is completely free with no management fees and is available for all types of payments, including the “Pay in 3” option directly from the app, dividing the cost into three interest-free installments.
This isn’t the only new feature, as the Klarna Card introduces a tiered membership system , each offering the opportunity to access certain benefits, including cashback, travel benefits, and exclusive partnerships.
For too long, benefits and rewards have been a privilege reserved for premium credit cardholders. With the new Klarna Card and subscription program, we want to overturn this paradigm: offering everyone the opportunity to access valuable experiences, from travel to lifestyle, simply, transparently, and without resorting to credit. A new way to experience payments: more control, more benefits, and zero interest. – Luigi Traldi, Head of Klarna for Southern Europe.
WHY A DEBIT CARD?
Benefits of Using a Free Debit Card
Klarna’s decision to offer a debit card on the Italian market is based on the characteristics of the market itself, where there is a strong demand for flexible financial instruments .
In our country, 63% of people use debit cards to make everyday payments, only 39% use credit cards.
59 % report that their card offers no benefits or rewards
66% would like to instantly switch from debt to “Pay in 3”
76 % have faced unexpected expenses in the last year
43 % would have liked to pay them in installments without interest
SUBSCRIPTIONS
The Klarna Card is free, but those who want additional benefits can sign up for a subscription. Currently, in Italy, you can choose between:
Klarna Standard: free
digital card in app
Klarna shopping key features
Klarna Core: €1.99/month
digital and physical paper
Partner offers worth up to €15 per month
travel benefits, including discounted lounge access
Exclusive widget for Loyalty Cards (iOS only)
priority telephone assistance
Klarna Plus: €7.99/month
digital and physical paper
0.5% cashback on all purchases
€8 quarterly discount at all partners
Partner offers worth up to €80 per month
travel benefits, including discounted lounge access
Exclusive widget for Loyalty Cards (iOS only)
basic insurance package
selected subscriptions
increased interest on Savings Accounts (+0.1% compared to the current national rate offered by Klarna)
priority telephone assistance
Additional subscription levels are expected to launch in the coming weeks. For more information, visit the SOURCE link.
FAQ
What is the Klarna Card? It’s a debit card, a flexible payment option for paying from your Klarna balance or paying later, both online and in-store.
How to get it? If you already have a Klarna balance, simply confirm your personal information and it’s activated on the app in just a few minutes. New customers must verify their identity, fill out their information, and apply.
Who can get it? You must be an adult, an EU resident, and have a tax code or identity card.
How much does it cost? The card is free, however Klarna specifies that ” fees may apply for using Pay Later plans or signing up for a paid Klarna membership plan .”
Where is it used? VISA is accepted everywhere.
Is it digital only? Yes, in the free version, a physical version is also included with the Core and Plus plans.
What are the payment methods? “Pay Now” and “Pay Later”
Does it work abroad? Yes, with no exchange fees.
How can I track my expenses? From the app.
Is it secure? Real-time alerts are provided, and the card can be blocked instantly from the app if necessary.
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