Interest Rise
Interest Rise is a non-indexed savings account with stepped interest. The interest rises as your savings increase.
Next steps
You can use Íslandsbanki Online Banking to apply for an Interest Rise Account
Main benefits
No fees or royalties
Interest paid monthly
10 days‘ lock-in period
No minimum deposit
Non-indexed deposit account
High interest rates depending on the amount saved
Step | Amount | Interest rate |
Initial step | Less than 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% |
Why choose Interest Rise?
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.
Want to know more?
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