
New features in Arion rewards
Arion rewards
Arion Benefits is a new rewards program from Arion, designed to reward our customers who use various services across the Arion group. The benefits system is divided into different tiers where customers move up in the system as they use more service components, thereby enjoying better terms and additional benefits. Here you can view the available benefits along with the conditions that need to be met at different levels of the system.
We are now introducing additions to Arion Benefits aimed at further improving the service and experience for our customers.
Frjálsi pension fund's additional pension savings will be part of Arion rewards
From May 6, 2025, additional pension savings with Frjálsi will be part of all tiers in Arion Benefits. At least one contribution must have been made to Frjálsi in the last four months. The savings will also count toward the customer's financial position when determining their benefit tier.
For many years, Frjálsi Pension Fund has entrusted Arion Bank with the operation and asset management of the fund. It is therefore particularly gratifying that the additional pension savings that Arion customers have with Frjálsi will now be part of the Arion Benefits program.
Car loans are being added
Car loans are now also being added to Arion Benefits and will thus become part of the system just like home loans.
New special benefits group – 67 years and older
We have established a special benefits group for our customers who are 67 years and older. Members of this group enjoy benefits such as:
Better interest rates on Vöxtur 50+, a non-fixed savings account
No service fees in the service center and branches
Priority service when calling the service center
Haven't registered for Arion rewards yet?
It only takes 30 seconds! You simply open the Arion app and follow a few simple steps. It's that easy.


