News and notifications

- News and Notifications

Changes to Landsbankinn’s tariff on 1 April

Landsbankinn’s price tariff will be amended on 1 April as regards, on the one hand, annual fees on certain credit cards issued by the Bank, and, on the other hand, fees for increasing the withdrawal limit on credit cards and for raising overdrafts.

Changes to annual fees are as follows:

  • Gold A-card: Annual fee increases from ISK 11,400 to ISK 12,400.
  • Gold Premium card - additional card: Annual fee decreases from ISK 8,500 to ISK 7,500.
  • Platinum A-card: Annual fee increases from ISK 21,900 to ISK 22,900.
  • Platinum Premium card - additional card: Annual fee decreases from ISK 15,900 to ISK 14,900.

As of 1 April, a fee will be charged for raising the withdrawal limit on credit cards and the amount is based on whether the increase fits within the scope of the automatic credit framework calculated for all of the Bank’s customers. If the desired limit raise fits within the scope of the automatic credit framework, the fee is ISK 390. If the desired limit raise does not fit within the credit framework, customers can apply for a higher limit, for which a fee of ISK 1,390 is charged.

No fee is charged for increasing an overdraft if the change is made in the Landsbankinn app or online banking and it fits within the automatic credit framework. If the increase does not fit within the credit framework, customers can apply for an increased overdraft authorisation and a fee of ISK 790 is then charged on the overdraft increase.

As mentioned above, these changes will enter into effect on 1 April.

Further information about credit cards issued by Landsbankinn

Landsbankinn’s price tariff

 

News and Notifications - 18 November 2019 10:17 AM

Landsbankinn receives positive review in CSR from Sustainalytics

Landsbankinn has received an ESG risk rating from Sustainalytics, reflecting an in-depth assessment of company risk exposure to material ESG issues. Landsbankinn received an excellent score.


More

News and Notifications - 15 November 2019 08:21 AM

Landsbankinn changes interest rates

Fixed rates on non-indexed 36-month housing loans decrease by 0.20 percentage points (pp) and fixed rates on non-indexed 60-month housing loans remain unchanged. Variable rates on non-indexed housing loans decrease by 0.15 pp and other variable rates on non-indexed loans decrease by 0.10-0.25 pp in general.


More

Weekly bulletin - 18 November 2019 08:43 AM

Icelandic Economic Weekly: Monday 18 November 2019

IMF issued a Staff Concluding Statement for the 2019 Article IV Mission to Iceland. The number of foreign passenger from Iceland via Keflavik airport decreased by 18.4% YoY in October. Moody’s upgraded Landsvirkjun's credit rating. The Government Debt Management Agency published its monthly Market Information report.


More