Apply for an overdraft

You can only apply for an overdraft using the app or through one of our advisors.

You can apply for an overdraft of ISK 2,450,000 through the app without additional fees.

A service fee of ISK 950 is charged if you apply for an overdraft extension of up to ISK 2,450,000 through one of our advisors.

Apply for an overdraft using the app:

• Open the debit account statement.
• Select Authorization on the bottom left.
• Enter the amount and expiration date, and press Continue.

Please note that you must enter the new amount if you already have an overdraft and want to increase it.