Say goodbye to your bank: make Krak your everything account

For decades, traditional banks have set the rules for how we spend, save, and earn. But those rules were written for another era — before global, digital, always-on lives. The modern world needs something faster, smarter, and more flexible.

That’s why we’re reimagining what a primary account can be. With Krak, your financial life lives in one place — designed to move with you, across borders, currencies and time zones.

Starting today, Krak users in the UK and EU can unlock the next generation of personal finance: a complete account experience built around three simple ideas — Spend, Send, and Grow.

UK and EU users: Get your Krak Card

SPEND: A card that pays up to 1% back

Meet the new Krak Debit Card, a card that pays you back up to 1% ¹ every time you spend.

Spend anywhere Mastercard is accepted — from your local café to a beach in Lisbon — and earn up to 1% cashback¹ on every purchase, in your local currency or in Bitcoin. No caps, no hoops. Just genuine rewards for spending the assets you actually want to hold.

You can spend over 400 different fiat and crypto assets using your Krak card. Buy a dinner in Paris paying with any assets from your balance across different currencies both cash and crypto — Krak handles the conversion instantly at checkout, with no transaction fees. You even earn up to 1% back1 in EUR or Bitcoin for that meal.

Choose a sleek physical card for your wallet or a virtual one that lives in your mobile wallet. Every option gives you full control: pick which assets to spend, which to save, and track everything in real time.

And yes — no ATM withdrawal fees,4 anywhere in the world.

Krak isn’t just helping you spend differently; it’s helping you live differently — a life where your assets are spent freely, globally, and instantly.

SEND: Move assets freely

Sending cash and crypto shouldn’t feel like a relic from the 1990s.

With Krak you can send funds to anyone, anywhere. Whether that’s splitting a dinner bill with a friend, paying a freelancer across borders, or transferring between your own bank accounts.

You’ll be able to transfer cash, stablecoins, or crypto with a single tap — instantly with any other Krak customers without waiting days for settlement or worrying about high exchange rates.

And with salary deposits coming soon, you can get paid directly into Krak, skipping the middlemen entirely. No delays, no extra transfers… just instant access to your paycheck, ready to spend, send or grow from the moment it lands.

Your Krak account becomes your hub for everyday life: money in, money out, all in one place.

GROW: Let your assets work while you rest

Coming soon. Earn up to 10%+ APY 3 with strategies built for every kind of investor; from steady growth to advanced, high-yield opportunities, all powered by decentralised finance protocols.

Krak changes that with Krak Vaults 2 —  the simplest way to put your assets to work; automatically, continuously.

No minimums, no lockups.5 Just market-leading returns paid continuously as your vault compounds around the clock.

You can choose from flexible, risk-adjusted Vaults that match your comfort level:

• Balanced Yield | Up to 5.5% APY — For users who want steady growth with lower risk.

• Boosted Yield | Up to 9.5% APY — For users comfortable with moderate risk and seeking higher returns.

• Advanced Strategies | Up to 10%+ APY — For experienced users ready to manage core risks applying leverage for highest returns.

Launching soon.

The connected account experience

Spend. Send. Grow. Each feature is powerful on its own, but together they create something bigger — a connected account experience where your assets finally work the way you do.

With Krak, your financial life isn’t scattered across banks, cards, apps, and wallets. It’s unified — in one ecosystem that’s borderless, digital, and built entirely around your choices.

Whether you’re tapping to pay, sending across continents, or earning while you sleep, Krak is your new primary account for everything.

The future of money isn’t coming — it’s already here. And it starts with Krak.

Get Krak today

¹ ATM withdrawals not included, £/ € 0.50 min. transaction amount for cashback. Your cashback rate depends on the average assets you hold with Krak, Kraken and Kraken Pro. Geo restrictions apply. Check this Support Center Article for more information.

2 Geo restrictions apply 3 Rewards are variable and not guaranteed; you can lose some or all of your assets. Interacting with on-chain smart contracts involves risks which are further detailed in the terms of service, including technological risk (bugs, exploits, and oracle/MEV/bridge failures), market risk (price volatility, de-pegs, and liquidation where relevant), and operational risk (irreversible transactions, gas fees, network congestion). Kraken does not control third-party protocols. Offered by Payward Wallet, LLC. Fees apply. Availability varies by jurisdiction.

4 A variable spread will apply when spending across assets. Third-party ATM fees may apply.

5 Withdrawal timing depends on selected strategy and network conditions.

Using cryptocurrency for purchases may be a taxable event. When you spend crypto, it’s converted to fiat currency, which may create capital gains or losses based on its value change. Consult a tax advisor to understand your individual circumstances. Learn more . Receiving cashback is generally not considered a taxable event. Consult a tax advisor to understand your individual circumstances. Learn more .

Krak Card is issued by Monavate (Company Number: 12472532) authorised in the UK by the Financial Conduct Authority to issue electronic money (e-money) and provide payment services (Firm Reference Number 901097).

In the EEA; the Card is issued by Monavate UAB (Company No. 305628001, authorised in Lithuania by the Bank of Lithuania to issue electronic money (e-money) and provide payment services (license number 92).

Mastercard® is a registered trademark of Mastercard International Incorporated. The card is issued by Monavate pursuant to license by Mastercard International Inc.

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