Start saving

It is always a good idea to have regular savings and get your finances in good shape. Why not start today? It's much simpler than you think.

You will be thankful for the savings.

Next steps

You can use Íslandsbanki Online Banking to start regular savings

Benefit from regular savings

  • Saving takes care of itself

  • Saving becomes a habit

  • You can cover unexpected costs

  • You can buy the things that matter, without borrowing

  • You receive the interest instead of paying the bank

Regular savings

With regular savings, you choose a fixed amount that is automatically deposited into your savings account each month or a fund that you have chosen. You choose which method is better for you and your savings goals.


A fund is a simple and effective way to build your savings. Distributing your savings is still the best way to reduce risk and maximize your rate of return. Funds offer a portfolio of bonds, shares and deposits. 

See more Funds

Saving accounts

Start saving for the things that matter to you. Be prepared for those unexpected costs. Open a savings account with us and worry less about the future.

See more Saving accounts

Private Pension Plans

You contribute 2-4% of your monthly income to your personal pension and your employer contributes an additional 2% on top of your wage. This is one of the easiest ways to secure a better future.

More on Private Pension Plans

Save the change

Save the change is an easy way to save money. When you shop with your debit card, a sum is transferred into another account of your choice. You can choose to transfer ISK 100, 500 or 1,000.

Sign up online

Home Saver Account

The Home Saver Account is for individuals aged between 15 and 34, who want to save for their first home and secure a higher interest rate.

Green Bonds

The Fund is suitable for those wishing to invest in projects with a focus on environmental and social issues without compromising competitive long-term returns.

What are you saving for?

We all have different needs. Saving money means being able to afford the more expensive things in life. You can take that holiday or replace that fridge. You can do anything you like. A money saving mindset helps you to save for those all important milestones and to expect the unexpected. Set money saving goals that cover the long-term and the short-term.

Contingency savings

Expenditure savings

Long-term savings

Save to expect the unexpected

Save for those all-important milestones  

Save for the future

Financial crises

Summer holiday

Property purchase

Grab the opportunity

A new car


You choose the amount and into which account or into which fund the savings should go. Then sets up automatic transfers to online banking and then the savings take care of themselves.

Do you need advice?

Choosing the right savings plan means setting up a plan that suits your finances, lifestyle and your objectives. Our advisors can provide you with expert advice on savings accounts and fund subscriptions. Just book an appointment and we will do the rest.

Book an appointment

You can book a telephone call with one of our advisors or an appointment at a branch

Fetching services…

Asked and answered

General disclaimer

General disclaimer regarding investment in funds

Investments in financial instruments always entail financial risks, such as the risk of little or no return or total loss of capital. Past performance is neither an indication nor a guarantee of future returns. Risk increases if the investment is financed by credit and returns can increase or decrease due to exchange rate volatility if assets are in foreign currency. Taxation of funds is assessed on an individual basis in accordance with current legislation and is subject to change.

Investors are advised to familiarise themselves with the available information on funds, including key information on risk factors, investment authorisations and the use of derivatives. Non-UCITs funds have broader investment authorisations than UCITs and can therefore entail more risk. Information on the funds is obtained from Íslandssjódir hf., which is the funds’ management company and a subsidiary of Íslandsbanki hf.

Information on this site is intended for information purposes only and should not be considered as an offer or advice on the purchase, sale or other allocation of certain financial instruments. The source of this information is considered reliable, but the accuracy or validity of the information cannot be guaranteed. The bank reserves the right to make changes to this information at any given time.

Exchange rate developments and returns

A fund management fee is included in the daily calculation of each fund’s exchange rate. Return for 12-month periods or longer is calculated on an annual basis. Shorter periods are not calculated on an annual basis but show price change instead. Return is based on the latest price listed and portrayed in the base currency of each fund.