Regular savings accounts are not inflation-indexed and are suitable for depositing smaller amounts for shorter periods.
Landsbanki's regular savings account is an easy access savings account, so amounts on deposit are always accessible. The interest rate is the same as for Landsbanki's chequing account Einkareikningur.
The Kjörbók premium savings account is not inflation indexed and is suitable for persons desiring flexibility in their savings. It is especially well suited for savings kept on deposit for less than one year, or for persons who wish to have their salary deposited into a savings account.
Landsbanki's customers can avail themselves of a savings service through which the bank looks after making regular deposits to Kjörbók accounts. This could, for instance, take the form of transfers from a debit card account, deposit of social insurance benefits, pensions or payments on debts in collection.
The Vaxtareikningur premium rate account is not inflation-indexed, deposited for a shorter or longer period without a long-term commitment.
The interest paid on Vaxtareikningur accounts increases depending upon the balance:
The Varðan 60 Seniors' Premium Rate Account is intended for Landsbanki loyalty plan (Varðan) customers aged 60 years and older. It is not inflation indexed and pays a high rate of interest.
Customers can have regular savings deposits made to Vaxtareikningur accounts for a minimum of ISK 500 monthly.
The Sparireikningur is a non-indexed fixed-term deposit account with a minimum term of one year.
The Framtíðargrunnur savings account is intended for persons wishing to create a fund for their children when they grow up. The balance accumulated can be withdrawn when a child turns 18 years of age. The interest rate is the highest currently paid on savings accounts, making it an excellent choice for long-term savings.
Accounts can be inflation-indexed or non-indexed. In choosing which option you prefer, bear in mind the following points:
Landsbók savings accounts offer a simple and secure way to earn high interest on your savings with the security of inflation indexation.
For interest rates, see Landsbanki's current tariff.
Fastvaxtareikningur is a non-indexed savings account. The account is suited to both individuals and companies prepared to save under a term deposit of up to five years.
Designed to meet the needs of customers wishing to set aside funds to purchase housing.
Fasteignagrunnur savings account is available to customers, 15 to 35 years of age, who subscribe to regular savings. The account is suited to the needs of customers wishing to set aside funds to purchase housing. Fasteignagrunnur is available both as a non-indexed 12 month term deposit and indexed 36 month term deposit savings account.
Landsbankinn hf. Austurstæti 11, 155 Reykjavík, Reg.no. 471008-0280
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