Krak now presents a devoted Digital IBAN for our prospects from Latvia, Greece, Croatia, and Hungarian, straight contained in the app. Open it in minutes, share it together with your employer, and begin getting paid with rewards from day one.
It’s an actual Digital IBAN on native SEPA rails, the identical infrastructure your landlord, your employer, and your utility supplier count on to see.
A Digital IBAN in your native rails
Your new Digital IBAN begins with DE, sits on SEPA, and behaves precisely like another checking account. Receives a commission, switch cash or pay your lease, electrical energy, web, insurance coverage, and subscriptions at residence in Latvia, Greece, Croatia and Hungary.
Ship and obtain cash with out the detour
EUR transfers land same-day through SEPA. No holding intervals, no “1–3 enterprise days” ambiguity. Ship cash to a good friend, pay an bill, obtain a contract cost, all of it strikes on the identical German rail that Deutsche Financial institution and Sparkasse use.
GBP is dealt with natively too. If you happen to’re splitting your monetary life between your house nation and the UK, transfers transfer straight with out forcing you thru a conversion step you didn’t ask for.
Wage Match: as much as €3,000 per 12 months for getting paid1
That is the characteristic that adjustments the economics of the place you financial institution. Most accounts provide you with nothing for depositing your wage. Krak provides you as much as 1% again on each payday, mechanically, indefinitely, with no promotional expiry date.
The maths:
- €3,000/month → €30 again
- €5,000/month → €50 again
- €9,000/month → €90 again
As much as €250 monthly. As much as €3,000 per 12 months.
That’s not a sign-up bonus that disappears after 90 days. It’s a recurring month-to-month reward for so long as your wage lands in Krak. Over two years, a €5,000 month-to-month wage generates €1,200 in Wage Match alone, earlier than you’ve spent something. And since the match is credited initially of the next month, it compounds naturally together with your stability. The longer you keep, the extra it provides up.
Methods to qualify
There’s no software and no approval course of. The steps:
- Open your Krak account: Test your account particulars within the app.
- Share your IBAN: Ship it to your employer, payroll supplier, or purchasers.
- Qualify mechanically: Any wage paid throughout the calendar month counts.
- Get matched month-to-month: Get credited initially of the subsequent month.
To seek out your IBAN: open the Krak app → faucet Obtain → faucet Financial institution.
As much as 2% cashback on each buy
The Krak card earns 2% again in EUR or BTC on all the pieces you spend.2 3 No class caps, no rotating buildings, no annual charge. Mixed with Wage Match, the numbers stack shortly. On €2,000 month-to-month spend and a €5,000 wage, you’re incomes €90 monthly, €1,080 per 12 months, simply from getting paid and spending usually.
Vaults: as much as 8% APY on USDC
Krak Vaults allow you to earn as much as 8% APY, straight within the app.4 Rewards accrue constantly, withdrawals are quick, no minimal stability.
The complete image
- Devoted German IBAN on SEPA rails
- Identical-day SEPA transfers, ship and obtain
- Native EUR and GBP transfers
- Suitable with employer payroll, tax, and accounting methods
- 1% Wage Match: as much as €250/month, €3,000/12 months
- 2% cashback in EUR or BTC on each buy
- Vaults incomes as much as 8% APY on USDC with Kraken+
- Price-free FX on the Mastercard fee5
One account that plugs into your monetary life, earns if you receives a commission, earns if you spend, and earns whereas your stability sits there. Set it up as soon as. Let it compound.
1Eligible purchasers in Luxembourg, Germany, Latvia, Greece, Croatia, Hungary solely. T&Cs apply. Min. cumulative switch(s) of €2,500 (max 4 funds) from employer payroll; exclusions apply. Rewards credited month-to-month as decided by Krak; max €250/month. 1% promotional fee not assured; applies till 01/05/26, then relies on common belongings held with Kraken and Kraken Professional. Kraken could amend, droop, or finish the promotion. Tax could apply. The e-money pockets shouldn’t be a checking account and isn’t lined by any deposit assure scheme. Reward worth could fluctuate if held or transformed into different belongings.
2 Not funding recommendation. Crypto buying and selling includes threat of loss. Krak Card is issued by UAB Monavate, authorised by the Financial institution of Lithuania (authorisation code: LBO02139). Payward Eire Restricted (PIL) and Payward Europe Options Restricted (PESL), buying and selling as Kraken, are regulated by the Central Financial institution of Eire. E-money companies are offered by PIL and spot buying and selling companies are offered by PESL.
3 Price relies on common belongings held with Krak, Kraken and Kraken Professional. Geo restrictions and T&Cs apply. See Help Heart for more information.
4 APY is variable and never assured; there’s a threat of loss. Onchain interactions contain technological, market, and operational dangers (see Phrases of Service). Kraken doesn’t management third-party protocols. Vaults are an unregulated product and are offered by Payward Pockets, LLC. Charges apply. Geo restrictions apply.
5 A variable unfold applies when spending throughout belongings. Third-party ATM charges could apply.