Current Accounts & Savings

Current Account

  • Easy access to cash
  • Suitable for daily use
  • Option of overdraft
  • Easy to monitor deposits and withdrawals at Íslandsbanki's Internet Bank and ATMs

Saving Account

  • Index-linked savings account designed for long-term savings
  • Suitable for all ages
  • Ideal for regular savings
  • Three types of time-deposits; 3 years, 4 years and 5 years
  • Variable interest depending on duration of deposit

Domestic Foreign Currency Account

  • On-demand deposit accounts
  • Three-month time-deposit accounts

Saving Account, non-indexed

  • On-demand deposit account
  • Progressively rising interest rates
  • No withdrawal charge
  • Non-indexed
  • Cash on demand at any time

Retirement Account

  • Pension savings option
  • Suitable for investors seeking to avoid fluctuations
  • Index-linked growth
  • Higher deposit interest at any time
  • No net worth tax on balance

CD Account

  • For children, their parents and other benefactors
  • Regular savings or deposits at your convenience
  • Accounts can be opened and deposits made anytime before the age of 15
  • The balance is available for withdrawal on the child's eighteenth birthday
  • Best interest terms of regular deposit accounts