That’s the gap Krak was built to close.
Meet Krak, Kraken’s money app
Krak is your everyday money account, powered by Kraken. Same login. Activates in minutes. Built for getting paid, spending, and earning, all in one place.
Think of it as the missing piece between your crypto life and your everyday financial life. Your Kraken balance can be transferred to Krak in one click, and from there, your money doesn’t just sit, it works for you.
- Salary Match: Up to 1% back every month, just for getting paid into Krak¹
- Krak Card: Up to 1% cashback on every purchase²
- AutoEarn (UK Only): Up to 3.6% APY automatically on your balance³
- Krak Vaults (EEA Only): Up to 8% APY on eligible assets4
- 600+ digital assets, spendable like cash
Your bank isn’t doing any of that.
Introducing Salary Match: a 1% raise, just for getting paid
Here’s the new part. When your salary lands in your Krak account, we match up to 1% of it back to you, every month, automatically. No forms. No applications. Just redirect your salary, and Krak does the rest.
The math speaks for itself:
| Monthly Salary | You get back (up to) |
| £/€2,500 | £/€25 |
| £/€5,000 | £/€50 |
| £/€10,000 | £/€100 |
Up to £/€250 per month. Up to £/€3,000 per year.
Who is eligible for the Salary Match?
Salary Match is live now in the UK, Germany and Luxembourg, with more EU countries being added in the coming weeks, and the Americas not far behind.
To qualify, you’ll need a verified Krak account in good standing and a salary of at least £/€2,500 per month paid in local currency from a single employer.
Getting started in three steps
1. Activate Krak — Download the Krak app and log in with your existing Kraken credentials. Your account is ready in minutes.
2. Share your account details with your employer — In the app: tap + on the home screen → select Receive. Your account details; IBAN for Germany and Luxembourg, Sort Code and Account Number for the UK are right there.
3. Get matched every month — Every qualifying salary transfer made during the calendar month counts toward your match. Your reward is credited on the 1st of the following month.
Set it up once. Earn every month.
Why we built this
Most people spend their careers working for money. We think money should return the favor.
Kraken was founded on an idea that the financial system should be open, fair, and accessible to everyone. Krak is that belief applied to everyday money, not just crypto, not just trading, but your salary, your spending, and your savings, all earning, all the time.
Salary Match is the most direct expression of that yet. No algorithms deciding if you qualify. No opaque reward programs. Just get paid into Krak, and we pay you back. Every month. Automatically.
One account. Multiple income streams.
Salary Match is one piece of a bigger picture. When Krak is your primary account, every part of your financial life is earning:
Your salary earns up to 1% back every month via Salary Match.¹
Your spending earns up to 1% cashback every time you use your Krak Card.²
Your balance earns up to 3.6% APY automatically in the UK via AutoEarn,³ or up to 8% APY on eligible Krak Vaults investments in the EEA.4
Your bank isn’t doing any of that.
FAQs
What counts as a qualifying salary? A payroll transfer of at least £/€2,500/month from a single employer. Up to four salary transfers per month qualify, capped at £/€25,000.
What doesn’t count? P2P transfers, self-funded transfers, Kraken-to-Krak transfers, on-chain transfers, and non-payroll payments.
Is this a prize draw? Nope. Every eligible customer earns. No luck involved.
I’m not in the UK, Germany, or Luxembourg — when can I join? More EU countries are rolling out in the coming weeks. The Americas are next. Stay tuned.
Ready to activate?
If you’re already on Kraken, you’re one step away. Download the Krak app, log in with your Kraken credentials, and route your salary to Krak.
UK:
1 Krak Salary Match (UK): Geo restrictions & T&Cs apply. Minimum cumulative transfer(s) of £2500 applies within a maximum of 4 payments. The Krak Salary Match Incentive is open to eligible UK Krak clients only. Rewards apply only to qualifying GBP salary transfers (payroll from an employer); exclusions apply. Rewards are credited monthly; max £250/month. The promotional rate of 1% is not guaranteed and applies until 1 May 2026. After this date, the rate will depend on the average assets you hold with Krak, Kraken, and Kraken Pro. Kraken may amend, suspend, or end the promotion. Tax may apply; no advice. E-Money services are not subject to protection under the Financial Services Compensation Scheme. If you hold or convert rewards into other assets (where available), the value can fluctuate.
² Krak Card: In the UK, Krak Card is issued by Monavate Limited, authorised by the Financial Conduct Authority to carry on electronic money activities and related payment services (FRN: 901097). Payward Services Limited is authorised by the Financial Conduct Authority to carry on electronic money activities and related payment services under the Electronic Money Regulations 2011 (FRN: 1010381). Cryptoasset exchange and custody services are offered by Payward Ltd, registered as a cryptoasset firm with the Financial Conduct Authority (FRN: 928768).
3 AutoEarn (UK Only): Geographic restrictions apply. Reward rates determined and paid by Kraken at its sole discretion, subject to change. See Terms of Service for details.
Don’t invest unless you’re prepared to lose all the money you invest. This is a high-risk investment and you should not expect to be protected if something goes wrong.
Geographic restrictions apply. Instant buy/sell fees apply when you convert one asset or currency to another before making a transfer. Please see our fee schedule for more information. Applicable fees will be shown before you make a transfer.
Promotional 1% cashback rate applies until March 31, 2026. After then, the cashback rate will depend on the average assets you hold with Krak, Kraken, and Kraken Pro. ATM withdrawals not included. £/€0.50 minimum transaction amount applies. Geo restrictions apply. For more details, see Support Center Article. Using cryptocurrency for purchases may be a taxable event; consult a tax advisor. UK: Issued by Monavate (FRN 901097), authorised by the FCA. EU: Issued by UAB Monavate, authorised by the Bank of Lithuania (LB002139). Mastercard® is a registered trademark of Mastercard International Incorporated.
Payward Services Limited is authorised by the Financial Conduct Authority to carry on electronic money activities and related payment services under the Electronic Money Regulations 2011 (FRN: 1010381).
EEA:
1 Krak Salary Match (EEA): Geo restrictions & T&Cs apply. Minimum cumulative transfer(s) of €2500 applies within a maximum of 4 payments. The Krak Salary Match Incentive is open to eligible Krak clients in Luxembourg or Germany only. Rewards apply only to qualifying EUR salary transfers (payroll from an employer); exclusions apply. Rewards are credited monthly; max €250/month. The promotional rate of 1% is not guaranteed and applies until 1 May 2026. After this date, the rate will depend on the average assets you hold with Krak, Kraken, and Kraken Pro. Kraken may amend, suspend, or end the promotion. Tax may apply; no advice. The e-money wallet is not a bank account and is not covered by any deposit guarantee scheme. If you hold or convert rewards into other assets (where available), the value can fluctuate.
2 Krak Card: In the EEA, 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.
4 Krak Vaults (EEA Only): APY as of January 21, 2026, subject to change. Vaults are not a regulated financial product. 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.
Geographic restrictions apply. Instant buy/sell fees apply when you convert one asset or currency to another before making a transfer. Please see our fee schedule for more information. Applicable fees will be shown before you make a transfer.
Promotional 1% cashback rate applies until March 31, 2026. After then, the cashback rate will depend on the average assets you hold with Krak, Kraken, and Kraken Pro. ATM withdrawals not included. £/€0.50 minimum transaction amount applies. Geo restrictions apply. For more details, see Support Center Article. Using cryptocurrency for purchases may be a taxable event; consult a tax advisor. UK: Issued by Monavate (FRN 901097), authorised by the FCA. EU: Issued by UAB Monavate, authorised by the Bank of Lithuania (LB002139). Mastercard® is a registered trademark of Mastercard International Incorporated.
E-money services are provided by Payward Ireland Limited, trading as Kraken, which is regulated by the Central Bank of Ireland.
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