Each card costs ISK 540 and Landsbankinn’s customers get a 50% discount. The price of the card is based on production and material cost but also on the accompanying gift wrapping, which is ideal for writing a note to the receiver, saving money on buying packaging elsewhere.

The expiry date of each card is printed on the front. If the card is about to expire, card holders can visit any Landsbankinn branch and purchase a new card, transferring the balance. The card holder can also withdraw the balance in cash.

No, you can’t withdraw cash from the gift card in an ATM. To make cash withdrawals, contact our Customer Service Centre for assistance.

Landsbankinn’s gift cards can be used as payment everywhere where magnetic strip VISA cards are accepted, both in Iceland and abroad. The gift cards can also be registered to a phone or watch and used for contactless payment.

Yes, in some cases Landsbankinn's gift cards can be used in online commerce in the same way as regular payment cards.

In instances where online shopping platforms have introduced more stringent security requirements, the gift cards cannot be used at this time.

If the merchant requires registration of the card holder’s name, enter “Landsbankinn hf., commercial bank”.

If the card is lost, please contact Landsbankinn's Customer Service Centre immediately by calling +354 410 4000 to close the card. In order to close the card, it is necessary to know its number. If the card holder does not know the card number, the purchaser might. If the card number is not known, it cannot be closed and the balance is lost.

 Once a card has been closed, only the purchaser can transfer the balance to a new card.

No, each card can only be deposited to once. Once the pre-paid amount has been used up, the card is cancelled.

The maximum amount for deposit to Landsbankinn's gift cards is ISK 200,000. There is no minimum amount. Note that a gift card costs ISK 540 with a 50% discount offered to customers. Depositing very low amounts to gift cards is not cost effective.

Landsbankinn's gift card ATMs in the Mjódd and Hamraborg branches are open around the clock and the one in the Borgartún branch is open during opening hours, from 10:00-16:00.

The card holder agrees to the Gift Card Terms and Conditions upon first use of the card.

Gift Card Terms and Conditions (PDF in Icelandic)