Instructions: Split your costs
Spreading the cost of your card payments is just one click away if you use the Íslandsbanki app.
- Click on your card in the Íslandsbanki app to see the cards account overview.
- Click on 'spread the cost' and 'new cost spread' and enter the amount you want to pay. The payment must be at least 10% of the amount owed. Choose how many months you want to spread the cost to pay the balance.
- If your invoice is ISK 100,000, and you want to spread the cost over 4 months, then you will receive notice of an unpaid invoice of ISK 25,000 each month.
Please note that the minimum amount you can split is ISK 20,000.