Loyalty Savings

Loyalty Savings is a flexible savings account in Íslandsbanki’s Loyalty Services that offers you better interest rates based on your Loyalty Services status. Your rates are determined by your status at account opening and are updated accordingly.

Interest rates

6.55% - 7.28%

Account type

Non-indexed

When can I withdraw funds?

Anytime

Interest paid

Monthly

Our Loyalty Services

Can we offer you higher interest rates on your savings, a reduced credit card fee, exclusive Fríða offers, loyalty terms on insurance, or better Tracker mortgage rates? Join our app-based Loyalty Services to enjoy more benefits.

Questions and Answers

How do I open Loyalty Savings?

How does this account work?

Interest and terms

What is the difference between Loyalty Savings and traditional savings?

Can I have more than one Loyalty Savings?

Can children open Loyalty Savings?

Is it possible to set up direct debits or pay bills from a Vildarsparnaður account?