Savings accounts

We offer a range of savings accounts, ideal for both short-term and long-term savings.

If you have an online bank account with us, you can open a new account there. If not, it’s easy to open an online bank account with electronic ID.

Open an account

Only show:

Rewards Account

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.

  • AmountInterest
  • 0 - 1 million6,75 - 6,95%
  • 1 - 5 million6,80 - 6,95%
  • 5 - 20 million6,85 - 7,00%
  • 20 - 100 million6,90 - 7,05%
  • >100 million6,95 - 7,10%

Min. investment period:

Investment period none

Interest:

0,05%

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Green Deposits

Green Deposits is an account for people who want to contribute towards a greener future. Supports UN Sustainable Development Goals on:

  • Clean water and sanitation
  • Renewable energy
  • Innovation and infrastructure
  • Sustainable cities and communities
  • Resp. consumption and production
  • Climate action
  • Life below water
  • Life on land

Min. investment period:

None

Interest:

5,55%

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Vöxtur - verðtryggður

Indexed savings with 90-day notice of withdrawal. You can withdraw from the account in the app or online banking.

Min. investment period:

90 day notice

Interest:

1,80%

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Vöxtur - óbundinn

Tiered interest rates depending on the account balance.

  • AmountInterest
  • 0 - 1 million5,75%
  • 1 - 5 million5,85%
  • 5 - 20 million5,95%
  • > 20 milljónir6,05%

Min. investment period:

Investment period none

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Vöxtur - 30 dagar

Tiered interest rates depending on the account balance where the investment term begins when a withrawal request is made. Interest is paid monthly.

  • AmountInterestÁ ársgrundv.
  • 0 - 5 milljónir6,75%6,96%
  • 5 - 20 million6,85%7,07%
  • 20 - 50 milljónir7,05%7,28%
  • >50 milljónir7,15%7,39%

Min. investment period:

31 day notice

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Vöxtur - fastir vextir

Suitable for people who want fixed interest rate throughout the investment period.

TímiVextir

Min. investment period:

You choose the fixed term

Interest:

7,30%

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Young Saver
Account

The best indexed account available. Funds available for withdrawal on 18th birthday.

Min. investment period:

Until 18 years old

Interest:

2,55%

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Íbúðasparnaður

Ideal account for people saving to buy a new home.

Min. investment period:

First 11 months, then a
notice period of 31 days.

Interest:

7,65%

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Vöxtur 50+

Customized account for people aged 50 and above where you hve instant access to your savings.

Min. investment period:

None

Interest:

5,85%

Open an account
Choose your savings account:
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.
Rewards Account
For people who want to contribute towards a greener future.
Green Deposits
Ideal account for people saving to buy a new home.
Íbúðasparnaður
Tiered interest rates depending on the account balance where the investment term begins when a withrawal request is made. Interest is paid monthly.
Vöxtur - 30 dagar
Indexed savings with 90-day notice of withdrawal. You can withdraw from the account in the app or online banking.
Vöxtur - verðtryggður
Suitable for people who want fixed interest rate throughout the investment period.
Vöxtur - fastir vextir
Customized account for people aged 50 and above where you hve instant access to your savings.
Vöxtur 50+
The best indexed account available. Funds available for withdrawal on 18th birthday.
Young Saver
Account
Tiered interest rates depending on the account balance.
Vöxtur - óbundinn

Results

Total amount after months:

Results

Results

You need to save per month for to acquire .