Fixed Interest Account

The Fixed Interest Account requires a minimum deposit of ISK 100,000. Monthly interest is paid to a different deposit account.

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Main benefits

  • No fees or royalties

  • No deposit amount limit

  • One single deposit

  • You must deposit the amount on the same day that you open the account.

  • Interest paid monthly

  • Non-indexed savings account

You choose the lock-in period

Why choose a Fixed Interest Account?

Looking for a high interest rate? If you can deposit at least ISK 100,000 without withdrawing any money for up to 12 months, then this account is for you.

Apply for Fixed Interest Account

How can I withdraw from my account?

The amount is transferred to the account you chose when you opened the savings account at the end of the fixed period.

Savings calculator for Fixed Interest Account

Further information and Terms

Want to know more about savings?

Have a look at our interest rates

The interest rate table shows the interest rates for different savings accounts.

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Regular savings

Automatically transferring money to a savings account each month is the most efficient and effective way to save.

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Private Pension Plans

A private pension plan is an essential factor in shaping your retirement and one of the most-cost effective ways to save.

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General Terms and Conditions