A Klarna, a digital bank and flexible payment provider, announced the launch of the Klarna Card in the Portuguese market on Thursday. This is a digital debit card, offering three subscription plans.
“For the first time, Portuguese consumers can now access a free digital debit card that combines everyday expenses with the option to switch to Pay in 3 directly in the Klarna app—allowing the cost of any purchase, in any online or offline store, to be divided into three interest-free installments,” stated a communication made available to Notícias ao Minuto.
In addition to the main functionalities of a debit card, the Klarna Card offers “subscription plans with different levels of benefits, from cashback or travel perks to premium subscriptions in various lifestyle products.”
Three Subscription Plans
Thus, Portuguese consumers can now subscribe to the Klarna Digital Card for free, “without maintenance fees or hidden costs.” For consumers looking to “unlock extra advantages and benefits, Klarna offers various subscription plans”:
- Klarna Standard (Free)
Virtual card
Buyer protection policy and 24/7 customer support - Klarna Core (€1.99/month + first month free)
Includes Standard plan benefits and a physical and virtual card
Up to €15 in exclusive monthly offers on top brands
Loyalty card widget with instant QR access (iOS only)
Travel benefits, including discounted lounge access
Priority customer support by phone - Klarna Plus (€7.99/month, first month free)
Physical and virtual card
0.5% cashback on all debit purchases
€8 discount on a purchase at any partner store every three months
Up to €80 in exclusive monthly offers on top brands
Travel benefits, including discounted lounge access
Loyalty card widget with instant QR access (iOS only)
Initial Insurance Package
Selected subscriptions
Higher interest rates on savings accounts (+0.1% of the current country rate offered by Klarna)
Priority customer support
“We believe that consumers should not have to rely on more expensive credit to access premium benefits,” said David Sandström, CMO of Klarna, as stated in the released note.
Sandström added, “For decades, exclusive advantages such as airport VIP lounge access, concierge service subscriptions, and premium travel insurance were only available to elite credit card holders. Klarna is changing that. Through the Klarna Membership Plan, consumers can enjoy digital, travel, and even lifestyle experiences in an integrated plan, without the burden of credits-based rewards with hidden costs.”
Klarna adds that “in the coming weeks, two new modalities will be launched offering even more exclusive advantages, including premium physical cards, enhanced cashback, travel benefits, and combined subscriptions.”
“Each plan is designed to allow for increasing flexibility, with consumers able to choose the level of benefits that best suits their lifestyle, from everyday convenience to travel and premium rewards,” the statement continued.
