Flexible savings account without monthly fees
Get 2.22% AER¹ on your money — no account management fees, no minimum amount.
¹ Interest rates are subject to change. Interest earned is subject to tax and Deposit Interest Retention Tax (DIRT) may not be withheld. It is consumer's responsibility to ensure that taxes are reported and paid on interest earned on your deposits.
Representative interest earnings.
Grow your money with compound interest
Whether you are saving for vacation or a rainy day fund, you can set aside your money in up to 3 flex accounts. Interest is paid out monthly. Each month’s payout boosts your balance, making your money grow faster with compound interest.²
² Account covered by the Swedish deposit guarantee scheme. Max. compensation per customer: SEK 1,150,000. National Debt Office makes compensation available within 7 business days from the date a right to compensation accrues. Read more here.
How to open a flex savings account
Open an account in minutes in the app, and manage your money safely.
Open bank account
In the app, head to the 'Accounts & cards' tab. There you can set up your bank account.
Set up a flex account
Once your bank account is set up, choose to open a new savings account. There you can choose a flex account.
Let your interest grow
The interest on your flex account balance is calculated daily and paid out monthly. Check your accumulated interest in the app anytime.
Boost interest with a membership
Sign up for a membership³ in the app and earn more interest⁴ on your savings, on top of our competitive rates.
³ The provision of this service does not require licensing, registration or authorisation by the Central Bank of Ireland, and as a result is not covered by Central Bank of Ireland rules designed to protect consumers or by a statutory compensation scheme. Klarna Membership offered for a monthly fee. Cancel any time in the Klarna app. Exclusions, conditions, and limitations apply to membership benefits. Klarna Membership Terms apply. ⁴ Flex account interest rates subject to change.
Lock in our highest rate
Looking for a savings account with higher rates? With Klarna's fixed savings account you can get our best interest rate, with no account management fees or minimum deposits.
Open savings account:
Representative interest earnings.
Stay on the safe side
You can rest assured that your data, and your money, are protected.
Reach our customer service anytime in the Klarna app.
Your deposits up to 1,150,000 SEK are protected by the Swedish deposit guarantee scheme.
Frequently asked questions
Questions on the flex account? Find your answers below. For any further help or troubleshooting, please contact customer service.
To create a flex account, you must first have a bank account set up. In the Klarna app, go to the wallet tab and then click on savings. Here you can find an overview of your flex accounts and create a new one. You can delete and recreate flex accounts at any time and as often as you want, but have a maximum of 3 at a time.
Yes, it is a free savings account. There are no monthly fees or sign-up fees.
Interest is calculated daily and paid out monthly to your flex account. So you benefit from the compound interest effect every month. The current interest rates are found in the app and you can see the accrued interest since the last payment.
No, there is no minimum amount to deposit when you open a flex account or to start earning interest.
You can have up to 3 flex accounts at a time. You can create and delete flex accounts any time and as often as you want.
Yes, this is a great choice if you're looking for an easy access savings account. You can add and withdraw money in flex accounts whenever you want, without withdrawal fees.
When you put money into a savings account, the bank pays you interest. If your account offers compound interest, you earn interest on your initial deposit, and that interest is added to your bank account. In the next period, you earn interest on both the original deposit and the previously earned interest. This cycle keeps repeating, which allows your savings to grow faster over time.
We offer 24/7 customer care. Contact Klarna customer service anytime via chat in the app, or request a callback during business days.