Klarna Flexible Savings Account: Flexkonto Review 2026
In a nutshell:
- The “Flexkonto” is a flexible savings account offered by Klarna.
- It pays a top interest rate of 1.75% annually.
- Savings are protected under the national deposit insurance scheme of Sweden.
Find all the details below in our frequently asked questions, or enter your savings amount and duration in our interest calculator below to easily figure out in a few seconds how much return you can earn with your flexible savings account by Klarna.
Klarna
Flexkonto
1.75%
annual percentage yield
How much interest does the Klarna Flexkonto pay?
Klarna offers the flexible savings account "Flexkonto" with annually interest payouts. The regular interest rate is 1.75%.
Who is behind Klarna?
Klarna Bank is part of the Swedish fintech company Klarna Group, founded in 2005 and headquartered in Stockholm, Sweden. Its stocks have been publicly listed at the New York Stock Exchange since 2025.
Initially focused on providing “buy now, pay later” payment solutions, Klarna has expanded into consumer banking services, including deposits, credit cards, and savings accounts. Klarna Bank offers its products digitally to European customers, combining innovative fintech solutions with traditional banking functions. Klarna operates under Swedish banking regulation and is supervised by the Swedish Financial Supervisory Authority.
How safe is my money with Klarna?
Deposits at Klarna Bank are protected under the Swedish national deposit insurance scheme (Riksgälden), which guarantees up to 1,050,000 Swedish Crowns (roughly 90–100,000 euros, depending on the exchange rate) per depositor. Sweden maintains the best possible sovereign credit rating (AAA), reflecting stable economic conditions and a robust banking system.
How can I manage the Flexkonto account?
The Flexkonto at Klarna is managed via the Klarna App (iOS and Android) or via Klarna’s web-based wallet interface. Users can view balances, track interest accrual, create several flexible savings accounts and fixed-term deposits, transfer funds, and manage their debit or credit cards.
Customer support is available via in-app chat. In total, the Klarna mobile app and customer service are available in 16 languages. However, not every language may be fully supported when residing in Germany.
How can I open the Klarna Flexkonto?
To open the Flexkonto at Klarna, you need to register via the Klarna App. The process requires you to be at least 18 years old and to undergo identity verification. KIarnaIdent is the company's own identification process, which requires you to upload a selfie and a photo of your ID. You may also be asked to link your existing EU bank account to Klarna.
Once verified, your flexible savings account is ready. No minimum deposit is required, and funds can be transferred to any account via the linked Klarna current account.
About the Author
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