Why use an over­draft?

  • No fee when you apply for, extend, change or discontinue your overdraft

  • Small short-term loan

  • No loan, stamp or repayment fee

  • Overdraft valid for 12 months at a time with a flexible repayment plan

  • Interest paid on amount used and in accordance with Íslandsbánki's interest table

  • Flexible and fair short-term loan