The Klarna Card is a Visa card issued through WebBank that charges 28.99% APR on any transaction you move to a payment plan or split into installments.
This analysis describes what Klarna's agreement states, permits, or reserves. It does not constitute a legal determination about enforceability. Regulatory applicability and practical outcomes may vary by jurisdiction, enforcement context, and individual circumstances. Read our methodology
28.99% APR is a high-end consumer credit card rate; consumers who move purchases to payment plans expecting a low or zero interest option may be surprised by the finance charges that accrue.
Interpretive note: Only the APR for moved or split transactions is disclosed here; full card agreement terms including grace period, fees, and default rate are not reproduced in this document.
Issuer information prepended to the APR disclosure, and severity downgraded from high to medium.
View full change record →Any purchase moved or split using the Klarna Card will accrue interest at 28.99% APR, which can significantly increase the total cost of a purchase if not paid in full promptly.
How other platforms handle this
If Customer pays by credit card, debit card, or other non-invoiced form of payment, Customer will pay all Fees immediately at the end of the Fee Accrual Period or when otherwise charged by Google.
If Customer elects to pay by credit card, debit card, or other non-invoiced form of payment, Google will charge (and Customer will pay) all Fees immediately at the end of the Fee Accrual Period.
If you do not timely cancel your subscription, your subscription will be renewed at the full price as indicated when the purchase was made, without any additional action by you, and you authorize us to charge your payment method for these amounts.
"The Klarna Card is issued by WebBank pursuant to a license from Visa U.S.A. Inc. ** 28.99% APR applies to all moved or split transactions.Excerpt from Klarna's Terms of Service
REGULATORY LANDSCAPE: As a Visa-network card issued by WebBank, this product is subject to Regulation Z open-end credit disclosure requirements administered by the CFPB.
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28.99% APR is a high-end consumer credit card rate; consumers who move purchases to payment plans expecting a low or zero interest option may be surprised by the finance charges that accrue.
Any purchase moved or split using the Klarna Card will accrue interest at 28.99% APR, which can significantly increase the total cost of a purchase if not paid in full promptly.
ConductAtlas has identified this type of provision across 231 platforms. See the full comparison.
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