Interest Rise 30

Interest Rise 30 is a non-indexed savings account with a 31 day withdrawal notice and stepped interest. The interest rises as your savings increase.

Next step

You can use Íslandsbanki Online Banking to apply for an Interest Rise 30 account

Main benefits

  • No fees or royalties

  • Interest paid monthly

  • Non-indexed savings account

  • 31 day lock-in period

  • No minimum deposit

  • No deposit limits

Stepped interest

Interest rates are divided into four steps. The interest rises as your savings increase.



Interest rate

Initial step

0-5 million


1st step

5-20 million


2nd step

20-75 million


3rd step

75 million or more


Why choose Interest Rise 30?

If you want a higher interest rate without immediate access to your money, then this is the account for you. You can save short-term and withdraw your money with 31 days' notice.

How can I withdraw from my account?

You can only withdraw from the account using the online bank. You can make a deposit 30 days after the withdrawal.

Switch to online bank