A German IBAN that works like a local one
Your Krak Virtual IBAN starts with DE and runs on SEPA, the same infrastructure used by employers, landlords, and utility providers across Europe. Pay rent, electricity, subscriptions, and insurance in Romania, or send money to friends and freelancers. It moves on the same rails as any major German bank.
EUR transfers arrive same-day via SEPA. No waiting windows, no vague timelines. And if you split your finances between Romania and the UK, GBP transfers move natively, without forced conversion.
Salary Match: earn up to €3,000 a year just for getting paid
Most accounts give you nothing for getting paid your salary into your account. Krak matches you up to 1% back every month, automatically, with no expiry date.¹
At €3,000/month, that’s €30 back.
At €5,000/month, €50 back.
At €9,000/month, €90 back.
The cap is €250/month, €3,000/year. A €5,000 monthly salary can generate up to €1,200 in Salary Match over two years, before a single purchase.
How it works
No application, no approval:
- Check your account details in the app
- Share your IBAN with your employer or payroll provider
- Any salary received in the calendar month qualifies
- Rewards are credited at the start of the following month
To find your IBAN: open Krak → tap Receive → tap Bank.
2% cashback on every purchase
The Krak Card earns 2% back in EUR or BTC on all spending.²³ No category caps. No rotating structures. No annual fee.
Combined with Salary Match, the numbers compound quickly. On €2,000 in monthly spend and a €5,000 salary, you’re looking at €90/month, €1,080 over the year without changing how you live.
Earn up to 8% APY in Vaults
Park your balance in Krak Vaults and earn up to 8% APY on USD.⁴ Rewards accrue continuously. No minimums, no lockups.
Everything in one account
- German Virtual IBAN on SEPA rails
- Same-day EUR transfers, native GBP
- Compatible with employer payroll and accounting systems
- 1% Salary Match — up to €250/month, €3,000/year
- 2% cashback in EUR or BTC on every purchase
- Vaults earning up to 8% APY
- Fee-free FX at the Mastercard rate⁵
Set it up once. Get paid. Let it compound.
1 Eligible clients in Luxembourg, Germany, Latvia, Greece, Croatia, Hungary, and Romania only. T&Cs apply. Min. cumulative transfer(s) of €2,500 (max 4 payments) from employer payroll; exclusions apply. Rewards credited monthly as determined by Krak; max €250/month. 1% promotional rate not guaranteed; applies until 01/05/26, then depends on average assets held with Kraken and Kraken Pro. Kraken may amend, suspend, or end the promotion. Tax may apply. The e-money wallet is not a bank account and is not covered by any deposit guarantee scheme. Reward value may fluctuate if held or converted into other assets.
2 Not investment advice. Crypto trading involves risk of loss. Krak Card is issued by UAB Monavate, authorised by the Bank of Lithuania (authorisation code: LBO02139). Payward Ireland Limited (PIL) and Payward Europe Solutions Limited (PESL), trading as Kraken, are regulated by the Central Bank of Ireland. E-money services are provided by PIL and spot trading services are provided by PESL.
3 Rate depends on average assets held with Krak, Kraken and Kraken Pro. Geo restrictions and T&Cs apply. See Support Center for more info.
4 APY is variable and not guaranteed; there is a risk of loss. Onchain interactions involve technological, market, and operational risks (see Terms of Service). Kraken does not control third-party protocols. Vaults are not a regulated financial product and may not benefit from regulatory protections. Fees apply. Geo restrictions apply. Vaults are offered by Payward Wallet, LLC.
5 Geo restrictions apply. A variable spread applies when spending across assets. Third-party ATM fees may apply.