Savings accounts

We offer a range of savings accounts, ideal for both short-term and long-term savings.

If you have an online bank account with us, you can open a new account there. If not, it’s easy to open an online bank account with electronic ID.

Open an account

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Green Deposits

Green Deposits is an account for people who want to contribute towards a greener future. Supports UN Sustainable Development Goals on:

  • Clean water and sanitation
  • Renewable energy
  • Innovation and infrastructure
  • Sustainable cities and communities
  • Resp. consumption and production
  • Climate action
  • Life below water
  • Life on land

Min. investment period:

None

Interest:

7,55%

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Vöxtur - verðtryggður

Inflation-linked savings with 90-day notice of withdrawal. You can withdraw from the account in the app or online bank.

Min. investment period:

90 day notice

Interest:

2,00%

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Vöxtur - óbundinn

Tiered interest rates depending on the account balance.

  • AmountInterest
  • 0 - 1 million7,65%
  • 1 - 5 million7,75%
  • 5 - 20 million7,85%
  • > 20 milljónir7,95%

Min. investment period:

Investment period none

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Vöxtur - 30 dagar

Tiered interest rates depending on the account balance where the investment term begins when a withrawal request is made. Interest is paid monthly.

  • AmountInterestÁ ársgrundv.
  • 0 - 1 million8,40%8,73%
  • 1 - 5 million8,50%8,84%
  • 5 - 20 million8,60%8,95%
  • 20 - 50 milljónir8,80%9,16%
  • >50 milljónir8,90%9,27%

Min. investment period:

31 day notice

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Vöxtur - fastir vextir

Suitable for those who want fixed interest rate throughout the investment period.

TímiVextir

Min. investment period:

You choose the fixed term

Interest:

8,25%

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Young Saver
Account

The best indexed account for children. Funds available on the 18th birthday.

Min. investment period:

Until 18 years old

Interest:

2,70%

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Íbúðasparnaður

A good account for those who are saving to buy a property.

Min. investment period:

First 11 months, then a
notice period of 31 days.

Interest:

9,75%

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Vöxtur 50+

Instant access account for over 50 year olds.

Min. investment period:

None

Interest:

7,80%

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Choose your savings account:
For people who want to contribute towards a greener future.
Green Deposits
A good account for those who are saving to buy a property.
Íbúðasparnaður
Tiered interest rates depending on the account balance where the investment term begins when a withrawal request is made. Interest is paid monthly.
Vöxtur - 30 dagar
Inflation-linked savings with 90-day notice of withdrawal. You can withdraw from the account in the app or online bank.
Vöxtur - verðtryggður
Suitable for those who want fixed interest rate throughout the investment period.
Vöxtur - fastir vextir
Instant access account for over 50 year olds.
Vöxtur 50+
The best indexed account for children. Funds available on the 18th birthday.
Young Saver
Account
Tiered interest rates depending on the account balance.
Vöxtur - óbundinn

Results

Total amount after months:

Results

Results

You need to save per month for to acquire .