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Vöxtur - fastir vextir

When you open the account you decide how long you want to invest for and the interest rates are fixed throughout the investment period. You can choose minimum investment periods of 3, 6, 9 or 12 months. Interest rates are based on the market’s expectations of trends in interest rates during the fixed investment period. The interest rate current on the day the account is opened applies throughout the fixed investment period.

Customer has two working days to deposit into the account and at the end of the fixed investment period the balance plus interest is paid out into a transaction account. 

To activate this account, the first deposit need to be received within two days of opening it.

You choose the fixed term

Investment periodInterest
3 months1,00%
6 months1,05%
9 months1,10%
12 months1,20%

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.