Card benefits & perks

Are you thinking about travelling? Do you want to relax at the airport? Have a look at what we have to offer.


When you pay for the things you need, we pay you some of it back. You can use the Fríða app to choose a special offer and then pay with your debit card. The rebate will be paid back into your account on the 18th of every month. Use the Íslandsbanki app to take advantage of everything Fríða has to offer.


Cardholders enjoy benefits both in Iceland and abroad.

Icelandair benefits

Many of our cards collect Icelandair Saga points. You can use them for flights, hotel accommodation, car rentals or on the website.

Read more about points

Saga Lounge Icelandair

The Icelandair Saga Lounge at Leifsstöð Airport provides a luxury environment where you can relax in peace and quiet. Facilities include an internet connection, magazines, refreshments and relaxation areas.

More about the Icelandair benefits

30,000 Loyalty Points

Regardless of point accumulation, Premium cardholders have the option of 30,000 Loyalty Points once a year if the turnover on the card meets the turnover criteria.

Apply for Premium

Discount terms are based on the turnover of the card* for the last 12 months before payment of the annual fee.


25% discount*

50% discount*

100% discount*

Standard Credit Card

ISK 550,000

ISK 1,100,000

ISK 1,700,000

Gold Credit Card

ISK 1,200,000

ISK 2,800,000

Platinum Credit Card

ISK 2,800,000

ISK 4,500,000

Please note that a discount on the annual fee is not available for the following cards: Classic Icelandair, Platinum Icelandair and Premium Icelandair.

For further information please contact us here or by phone at 440-4000
*Com­mon turnover on primary and sec­ond­ary cards. But turnover for each individual business card.