Start saving

Healthy finances go hand-in-hand with a healthier lifestyle. Worry less and take control of your finances by setting some money aside each month.

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

You simply choose a fixed amount that will be automatically deposited into your savings account or fund of your choice each month. Just choose the best option to suit 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

          Savings Calculator

          Calculate future returns with or without regular savings.

          How do you want to save?

          Calculate future return with or without regular savings.
          How do you want to save?
          Free or tied account.
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          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 investing in projects focusing 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 which savings account or fund the savings should go into. You can then set up automatic transfers via the online bank.

          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.

          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.