Varðan 60
Varðan 60
Varðan 60 seniors’ premium account is designed for customers who have reached 60 years of age. It carries higher interest than a general interest account. Interest rates are incremental, depending on the balance, and interest is paid monthly or at the end of each year.
- No term restrictions
- Non-indexed
- Monthly or annual interest
- Terms and conditions (PDF)
- Tariff (PDF)
- Terms and concepts (PDF)
Interest
| Level | Amount | Monthly intr. | Annual intr. |
|---|---|---|---|
| Base level | 0 - 19,999,999 | %interest139% | %interest140% |
| Level one | Yfir 20,000,000 | %interest138% | %interest25% |
Calculate savings
Calculate the amount you need to set aside each month, for how long, or how much your savings will amount to at the end of a period. The calculations are based on monthly interest payments.
It’s simple to start saving
With regular savings in online banking, you don’t need to remember to put funds aside. The amount doesn’t need to be large - small contributions quickly accumulate to large savings.
Automatic transfers
You decide on an amount, when to make transfers and select a savings account. Transfers will take place automatically each month.
Card savings
How about contributing to savings every time you use your debit or credit card? Each transaction can be rounded up to a pre-determined amount or to the next hundred or thousand.
Join our group of satisfied customers
Applying for access to online banking and the app, creating an account and getting a debit card is a matter of minutes.