Interest Rise
Interest Rise is a non-indexed savings account with stepped interest. The interest rises as your savings increase.
Interest Rise is a non-indexed savings account with stepped interest. The interest rises as your savings increase.
No fees or royalties
Interest paid monthly
10 days‘ lock-in period
No minimum deposit
Non-indexed deposit account
Interest per year shows an annual return based on fixed assets. Monthly interest rates are nominal interest rates on an annual basis. Interest is added to the principal at the end of each month. *
Step | Amount | Interest rate |
Initial step | Less than ISK 250,000 | 0.05% |
1st step | 250,000-1,000,000 | 0.05% |
2nd step | 1-5 million | 0.10% |
3rd step | 5-20 million | 0.15% |
4th step | 20-75 million | 0.20% |
5th step | 75 million or more | 0.25% |
*According to the current interest rate table
If you want a higher rate of interest with a short notice period, then this is the account for you. You can withdraw money with only 10 days' notice.
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