Debit cards

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

If you have a debit card from Íslandsbanki but want to upgrade to the new look, you can hear us on the online chat

Next step

Apply for a card within minutes (in Icelandic)

More about our debit cards

  • 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

  • The debit cards are available for 9 years and older

  • 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

We send all our debit cards out closed due to security. When you receive your new card you activate it through the card app.

View instructions (in Icelandic)
Annual fee
850 kr.
Total amount of contactless payment each time
5000 kr


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 authorization: 50,000 kr per day

Domestic ATM authorization: ISK 100,000 kr per day

Foreign ATM authorization: 50,000 kr per day

Foreign ATM authorization: 80,000 kr per day