Which credit card suits you best?
We offer a diverse range of cards that suit different needs and lifestyles, whether your goal is daily use, travel, or increased benefits.
We offer a diverse range of cards that suit different needs and lifestyles, whether your goal is daily use, travel, or increased benefits.
* Only for domestic shopping
Shopping refers to the purchase of goods or services from a merchant. Saga points are not earned on cash withdrawals, money transfers, currency exchanges, cryptocurrency purchases, or service fees. Refunds and chargebacks will be deducted from Saga point accumulation.
You can spread the bill over up to 18 months. You choose how much you want to pay on the next due date and over how many months you want to distribute the remaining balance.
Minimum payment is 10% of the bill
Minimum amount is 30,000 ISK
Loan term up to 18 months
Maximum total number of distributions is 10
The cost of payment distribution is according to the bank's price list. Interest rates on payment distribution are according to the bank's interest rate table at any given time.
Fraud cases are fortunately rare, as we do our best to ensure cardholder security through risk management and fraud monitoring.
Now you can securely store your receipts and attach files and/or add explanations to all your credit card transactions in the app.
When you shop online and payment confirmation is needed, you'll receive a notification from the Arion app that directs you to the payment confirmation screen.
We have updated the notifications we send from the Arion app when you pay for goods or services with your card.
Various things need to be considered before going on a vacation. Here are some good tips for those who are going abroad.
Some tips to keep in mind when shopping online.
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Currency rate is only for reference. Updated | |||||||
If you believe you have been a victim of online fraud, please contact us immediately by phone at 444 7000 or by sending an email to netsvik@arionbanki.is. We also respond outside regular business hours.
Arion credit card holders have travel insurance with Vörður, which is included in the annual credit card fee. The insurance coverage may vary depending on which card you have, and we encourage you to familiarize yourself with the details.
SOS International provides emergency services to cardholders 24 hours a day. This includes general medical assistance, ambulance services, temporary assistance with medical expense payments, and consultation.
The credit card billing period for Arion Bank is from the 27th to the 26th of the following month. Card usage within this period is due for payment on the next due date. The amount due for payment after each billing period is typically displayed in online banking and the app on the 27th of each month or the next business day thereafter. The credit card due date is the second day of the month or the first business day thereafter if it falls on a weekend.
The billing period for Purchase Cards is from the 1st to the 31st of each month with a due date on the 15th of each month or the first business day thereafter if it falls on a weekend.
By freezing your card in the app, you block the use of your card in stores, ATMs, and online. However, direct debits will continue to work, as well as payments with smart devices through Apple Pay, Google Pay, and Garmin Pay.
You can reactivate your card again in the app.
Yes, the card is automatically renewed and sent to the cardholder's registered address early in the month when the old card expires. Please note that the card is valid until the end of the month that is printed on the card.
Credit Cards | Maximum daily withdrawal limit domestic and abroad* |
Standard Card / Blue Card | ISK 75,000 |
Gold Card / Gold Loyalty Card / Gold Business Card | ISK 100,000 |
Platinum / Platinum Loyalty Card / Platinum Business Card / Platinum Business Travel | ISK 150,000 |
Premium World / Premía Credit Card | ISK 200,000 |
Debit Cards | Maximum daily withdrawal limit domestic | Maximum daily withdrawal limit abroad* |
Youth Debit Card | ISK 100,000 | ISK 60,000 |
Debit Card | ISK 300,000 | ISK 150,000 |
Premía Debit Card | ISK 300,000 | ISK 200,000 |
You can withdraw up to ISK 300,000 from your accounts at Arion ATMs by authenticating themselves with electronic ID. Withdrawal limits may also be lower than stated here if the rules of the respective bank or ATM are more restrictive than the card's authorizations. Costs related to withdrawals can be found in the bank's price list.
*Please note that 3 hours must pass between withdrawals or withdrawal attempts at ATMs abroad.
If an incorrect PIN number is entered too many times, the card will be locked for further use requiring PIN authentication. In such cases, you can unlock the PIN number by following these steps:
Abroad:
Go to an ATM. Enter the correct PIN number and withdraw an amount within your withdrawal limit. This will unlock the card.
In Iceland:
Go to an ATM. Enter the correct PIN number and select the Unlock PIN option. This will unlock the card.
Go to an ATM. Enter the correct PIN number and the card will be unlocked.
If your card is stolen or lost, it's important to freeze it immediately in the Arion app.
Afterward, you can contact our customer service at 444 7000 to permanently close the card and have a new one issued.
Emergency service for lost cards is available 24 hours a day. You can also freeze credit cards in online banking.
If contactless payment has not worked despite the terminal having the contactless payment symbol, the transaction amount not exceeding 7,500 kr., and accumulated contactless payments not reaching 15,000 kr., it can be assumed that the terminal has not been updated with the appropriate software.