Íbúðasparnaður

Demand account with tiered interest rates.

  • Account designed for 14–35-year olds
  • The account can be opened the year a customer turns 14 years of age and deposited into at any time before the age of 35
  • No fixed investment term
  • Interest paid annually
  • Ideal for regular savings
  • Funds in account tied up for 11 months from first deposit
  • Transfer made 31 days after request to withdraw funds is received

Interest
First 11 months, then a
notice period of 31 days.
7,65%

Open an account

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.