Reward account
Fasten your seatbelt and watch your savings take flight!
Savings on subscription
With a subscription, your savings will quickly grow, and many small contributions make one big one.
Fasten your seatbelt and watch your savings take flight!
With a subscription, your savings will quickly grow, and many small contributions make one big one.
Our highest interest rates on a demand account – and you get them every week! The interest rate depends on the rewards level and increases as your account balance grows.
Interest rate
Indexation
Non-indexed
Investment period
A good account for those who are saving to buy a property.
Interest rate
Indexation
Non-indexed
Suitable for
Long-term savings
Investment period
Green Deposits is an account for people who want to contribute towards a greener future.
Interest rate
Indexation
Non-indexed
Investment period
Inflation-linked savings with 90-day notice of withdrawal. You can withdraw from the account in the app or online bank.
Interest rate
Indexation
Indexed
Suitable for
Long-term savings
Investment period
Tiered interest rates depending on the account balance.
Interest rate
Indexation
Non-indexed
Investment period
Tiered interest rates depending on the account balance where the investment term begins when a withrawal request is made. Interest is paid monthly.
Interest rate
Indexation
Non-indexed
Investment period
Instant access account for over 50 year olds.
Interest rate
Indexation
Non-indexed
Suitable for
Skammtímasparnað
Investment period
The best indexed account for children. Funds available on the 18th birthday.
Interest rate
Indexation
Indexed
Suitable for
Long-term savings
Investment period
Credit cards are widely accepted nowadays, making currency almost unnecessary for travel. However, it's sometimes wise to carry cash for security. Recently, unexpected power outages in Spain and Portugal prevented card payments. Situations can also arise where your card doesn't work or vendors prefer cash payments, such as taxi drivers or restaurants. Many people also prefer to leave tips in cash.
It's never too late to start saving. However, it can be a bit difficult to do exactly that: To start. Because the big question is...
...where does one actually begin?
Saving is important to achieve financial security and have flexibility to meet unexpected expenses. We have compiled some good advice to keep in mind when it comes to saving.