Better terms and benefits for young people
We understand that young people have diverse goals. Our mission is to simplify their lives and empower them to achieve the success they aspire to.
We understand that young people have diverse goals. Our mission is to simplify their lives and empower them to achieve the success they aspire to.
With us, you don't pay any annual and transaction fees on debit cards — and you get the Blue Card for free.
On top of that, you enjoy discounted movie tickets, 50% off swimming pool tickets, and exclusive deals on World Class gym memberships!
Buying a home is one of life’s biggest financial decisions and often comes with important questions. With us, you get simple and transparent solutions that guide you toward your dream home.
We know there’s a lot to consider, which is why we support you through the entire process — step by step, from the initial idea to your first repayment. With a range of options available, it’s important to explore the choices on offer and understand how they align with your personal goals.”
Regular saving is a smart step, whether your goal is to buy your first home or plan for future housing.
There are many options available for saving — both for first-time buyers entering the housing market and for those planning housing changes later on. It’s also worth noting that supplementary pension savings can be used tax-free to help make purchasing a home easier.
Supplementary pension savings is a simple and smart way to boost your income. You contribute 2% or 4% of your salary, and in return, your employer adds a 2% raise.
Find out more!
A Student Overdraft Loan is provided as an overdraft on a dedicated expenses account.
The cost of the loan comes in the form of interest, which is significantly lower than that of a standard overdraft.
You can open a living expenses account at your nearest branch, and afterwards, you can apply for a living expenses loan through Arion Bank’s online banking. A requirement for the loan is a loan guarantee from the Student Loan Fund.
Loan amount is maximum ISK 3,000,000 with real estate collateral or ISK 1,000,000 without collateral.
You can choose between an indexed or non-indexed loan.
To ease the payment burden initially, it is possible to choose to pay only interest payments for up to 24 months from the loan disbursement.
The loan term depends on collateral, indexation, and interest payment dates.