Main benefits

  • No fees or royalties

  • Interest paid monthly

  • Non-indexed savings account

  • 31 days‘ notice

  • No minimum deposit

  • No deposit limits

Stepped interest

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

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.

Apply for Interest Rise 30

How can I withdraw from my account?

You can only request a withdrawal from the account using the online bank and transfer to another account of yours within Íslandsbanki. 30 days later or the next following weekday, the funds will be available at the deposited account.

Switch to online bank

Savings calculator for Interest Rise 30

Further information and Terms

Want to know more about savings?

Have a look at our interest rates

The interest rate table shows the interest rates for different savings accounts.

See more

Regular savings

Automatically transferring money to a savings account each month is the most efficient and effective way to save.

See more

Private Pension Plans

A private pension plan is an essential factor in shaping your retirement and one of the most-cost effective ways to save.

See more

General Terms and Conditions