IKEA Financial Services is a free lifestyle app developed by Ikano Bank AB publ for iPhone users. The app is designed to simplify and provide flexible payment options for customers who want to purchase items from IKEA. With the app, customers can use a calculator to determine the loan amount and repayment period that works best for them, up to 48 months. The app also allows customers to manage their loan and view their balance and transactions, all in one place.

To get started with IKEA Financial Services, users must be 18 years or older, have a valid UK mobile number and email address, a permanent UK residence, a good credit history, and a personal bank account in their name. The app's simple application process involves checking and confirming eligibility, filling in personal information and uploading identity documents, and accepting or changing the loan amount. Customers can then spend their loan straightaway both in-store and online with IKEA, using the virtual card provided by the app.

Overall, the IKEA Financial Services app is a useful tool for those who want to take control of their home purchases and manage their finances in one place. However, it's important to note that the app is only available to UK customers and services may be affected by phone signal and functionality. Terms and conditions apply.