Klarna
Instalments
4
Instalment frequency
Fortnightly
Maximum Credit
$1k
Klarna
Instalments
4
Instalment frequency
Fortnightly
Maximum Credit
$1k
Pros and Cons
For Klarna
Benefits
- No late payment fees
- Signed up to BNPL code of practice
Drawbacks
- Available for limited purposes
Klarna Rate Buy Now Pay Later overview
For Klarna
Product
Instalments
4
Instalment frequency
Fortnightly
Maximum number of instalments
Pay in 4 interest-free instalments over 6 weeks. Payments can also be scheduled in advance.
Credit limit
$1k
Credit check performed
Minimum interest rate
Maximum interest rate
Reward program
Fees
Minimum establishment fees
Maximum establishment fees
Minimum late payment fees
If an scheduled payment is unpaid after 10 days, a late fee may be charged. This will not exceed 24% of the amount due. Depending on your payment method, the issuer of your card or financial institution may charge you interest or fees under your agreement with them.
Maximum late payment fees
$8
