IKEA Financial Services 4+
Interest-free IKEA loans
Ikano Bank AB (publ)
-
- Free
iPhone Screenshots
Description
With IKEA Financial Services, it’s your home on your terms.
We’ve made it simpler for you to get the home of your dreams, giving you more flexible ways to pay for your purchases at IKEA.
Use our calculator to pick a loan amount and repayment period from 3 to 48 months. Then, fill in a few details to see how much you can borrow interest-free (representative APR 0%). After that, it's just a few more steps to complete the full application for your loan.
Our app makes it simple to use and manage your loan too. See your balance, all your transactions, and spend straightaway at IKEA using your virtual card.
Your IKEA Financial Services loan will be administered by Ikano Bank.
GETTING STARTED:
You must:
- be 18 or older
- have an email address
- have a valid UK mobile number
- have a permanent UK residence
- have a good credit history
- have a personal bank account in your name which requires a single signatory.
SIMPLE APPLICATION
- Check and confirm your eligibility
- Fill in your details and upload your identity documents
- Find out if you're eligible for the amount you want to borrow without affecting your credit score
- Accept or change the amount you’d like to borrow
- Read, accept and sign the important documents provided including your credit agreement
SIMPLE SHOPPING
- Spend your loan straightaway in-store and online with IKEA
- Use your virtual card to pay at the checkout
- Spend for up to 90 days after your loan is confirmed
SIMPLE TO MANAGE
- See your balance and all your transactions
- Change your contact details
- See your credit agreement and other important documents
- Apply again for another loan when you need it
INFORMATION
The IKEA Financial Services app is available to UK customers. Services may be affected by phone signal and functionality. Terms and conditions apply.
Your IKEA Financial Services loan will be administered by Ikano Bank.
Registered Office: Waterfront House, Waterfront Plaza, Station Street, Nottingham, NG2 3DQ. Registered in England and Wales No. BR016253 VAT Registration No. 265321711. Ikano Bank AB (publ) is incorporated in Sweden with registered and head office: Hyllie Boulevard 27 Malmö 215 32 Sweden. Ikano Bank AB (publ) is a Swedish Public Limited Company (publikt bankaktiebolag) registered with the Swedish Companies Registration Office (bolagsverket) with organisation number: 516406-0922. The Financial Conduct Authority is the supervisory authority under the Consumer Credit Act. Ikano Bank AB (publ) is authorised and regulated by the Swedish Financial Supervisory Authority (Finansinspektionen) (Registered No:11153). Deemed authorised by the Prudential Regulation Authority. Subject to regulation by the Financial Conduct Authority and limited regulation by the Prudential Regulation Authority. Details of the Temporary Permissions Regime, which allows EEA-based firms to operate in the UK for a limited period while seeking full authorisation, are available on the Financial Conduct Authority’s website. Copyright (c) 2021 Ikano Bank AB (publ).
What’s New
Version 1.24.1
Minor UI Fixes
Ratings and Reviews
App is great, but found a bug I think
I was able to set up my finance properly and access my account when finished and buy my items at Ikea. But as I use strong password I am not able to login via app, I can login via website but via app it says “the password does not match the requirements” which sounds to be a validation pre-sign-up, anyway, I tried a wrong password and the error changes to “oops, your email and password is incorrect”
Not at all user friendly
In order to use IKEA finance, you need this app which essentially is absolutely fine. However, the usability of it is disastrous.
For example, you’re in store and ready to pay. You have to log in at the till so the assistant can see it’s your account, which needs not only the password, but then a OTP, which you have to input into the app to open it. Then, in order to use it, you need to type in what is effectively a card number, and expiring date into the card reader. Now all of that might not seem like an issue, but can you imagine holding up a queue whilst all that happens?! And if in some stores 4g and WiFi is intermittent, it’s awkward at best and sometimes, pretty embarrassing.
Every time you log into the app, it needs a OTP. Why face recognition isn’t configured to the app is a mystery. It’s all it would take to make transactions and usability seamless but instead, by cutting out the coding, just makes it laboured.
It’s frustrating. Not impossible. No glitches or faults, just not user friendly for speed.
Review re: Loan Application
Think it a great service to enable finance on purchases especially at 0% and able to choose the duration of the load terms. The application was also really good. Thank you for your help.
App Privacy
The developer, Ikano Bank AB (publ), indicated that the app’s privacy practices may include handling of data as described below. For more information, see the developer’s privacy policy.
Data Linked to You
The following data may be collected and linked to your identity:
- Financial Info
- Contact Info
- User Content
Data Not Linked to You
The following data may be collected but it is not linked to your identity:
- Location
- Identifiers
- Usage Data
- Diagnostics
Privacy practices may vary based on, for example, the features you use or your age. Learn More
Information
- Provider
- Ikano Bank AB publ
- Size
- 65.4 MB
- Category
- Shopping
- Compatibility
-
- iPhone
- Requires iOS 15.0 or later.
- iPod touch
- Requires iOS 15.0 or later.
- Apple Vision
- Requires visionOS 1.0 or later.
- Languages
-
English, Swedish
- Age Rating
- 4+
- Copyright
- © Ikano Bank AB (publ)
- Price
- Free