Debit cards

A debit card is a secure and easy way to pay and provides instant access to your current account and cash.

All debit cards are registered in Íslandsbanki's benefit system, Fríða.

With a debit card, you can pay with both cards and smart devices around the world

Next step

Apply for a card within minutes

More about our debit cards

  • The debit cards are available for 9 years and older

  • The cards all have contactless payments functionality

  • With a debit card you connect to Fríða, specially designed rebate offers

  • You can use the debit card to purchase locally or online

  • You can apply for a new card with an electronic ID

  • You activate the debit card in the card app, where you have all your cards and card features in one place.

Activate the debit card

When you receive your new card you activate it through the card app. The first time you use chip and PIN number you accept the cards terms and conditions.

View instructions

Young people aged 9 years and over can open an account and apply for a debit card at one of our branches. A parent or guardian must accompany them to sign the application.

You can open an account and apply for a debit card online, using your electronic ID.

Apply for a debit card
Annual fee for older than 18 years
990 kr.
Annual fee for older 18 years and younger
0 kr.
Total amount of contactless payment on card
7500 kr
Contactless payment on smart phone and watches
No limit


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.

Credit limit

18 years and younger

18 years and older

Domestic ATM authorisation: 50,000 kr per day

Domestic ATM authorisation: ISK 100,000 kr per day

International ATM limit:ISK 50,000 per day

International ATM linit: ISK 80,000 per day