Vaxtareikningur 30
Vaxtareikningur 30
Vaxtareikningur 30 is suitable for those who can wait 30 days for funds to be available after a request for withdrawal is made. The entire balance on the account is restricted with no fixed final date. Withdrawals are free for disbursement 31 days after their order. Interest rates are incremental, depending on the balance, and are paid at the end of each year.
- 31-Day fixed term
- Non-indexed
- Interest paid annually
- Terms and conditions (PDF)
Interest
Level | Amount | Int. paid annually |
---|---|---|
Level one | 0 - 999,999 | %interest506% |
Level two | 1,000,000 - 4,999,999 | %interest507% |
Level three | 5,000,000 - 19,999,999 | %interest508% |
Level four | 20,000,000 - 59,999,999 | %interest509% |
Level five | Over 60,000,000 | %interest1045% |
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.