Landsbók is an inflation-indexed account suited to customers looking for the best method of maintaining the value of their savings.
We now offer a shorter fixed term on deposits to inflation-indexed account Landsbók, or 11 months instead of three years previously, and pay out deposits 31 days after withdrawal orders. Following the 11-month fixed term, deposits are always free for withdrawal with 31 days’ notice.
Inflation has been 9.5% in the past 12 months. By depositing your savings to an inflation-indexed account, you receive indexation that corresponds with inflation. In addition to inflation indexation, Landsbók currently carries 0.55% interest, making it the most favourable among comparable accounts with other institutions.
We are also shortening the waiting period for withdrawals from other inflation-indexed savings accounts, from three months to 31 days.
These changes are connected to amendments to rules that enter into effect on 1 June 2023 and provide that deposits to inflation-indexed savings accounts must no longer be restricted for a minimum of three years.
Landsbók is available to both individuals and businesses.
It’s easy to open a Landsbók account in the app and online banking.
More about Landsbók (Icelandic)
![Netbanki](https://images.prismic.io/landsbankinn/92e7a426-af51-430b-95d2-9ceeef1f1d2a_Tolva-2023-Netbanki-einstaklinga.png?fit=max&w=3840&&q=50)
![](https://images.prismic.io/landsbankinn/ZpUzJh5LeNNTxKWz_landsbankinn_gay_pride-5_medium1600x1067.jpg?fit=max&w=3840&&q=50)
![Stúlka með síma](https://images.prismic.io/landsbankinn/c8831a3c-db04-49f2-9649-78176beedd34_5U3A4396_graded.jpg?fit=max&w=3840&&q=50)
![Austurbakki](https://images.prismic.io/landsbankinn/ced8837c-715d-4bd8-921f-a043ee61f45e_Austurbakki.png?fit=max&w=3840&&q=50)
![Björn A. Ólafsson](https://images.prismic.io/landsbankinn/ZobJ9h5LeNNTwzOO_LB2024_BK210509.jpg?fit=max&w=3840&&q=50)
![Landsbankinn.pl](https://images.prismic.io/landsbankinn/ZoU3LR5LeNNTwwKc_tolva-pl-2024.jpg?fit=max&w=3840&&q=50)
![](https://images.prismic.io/landsbankinn/43e0b07e-8747-4f5c-8ebe-3169c50e1e25_LB_Hrifunes_0672_01.jpg?fit=max&w=3840&rect=0,0,1708,1281&q=50)
![](https://images.prismic.io/landsbankinn/34b0b00d-b34e-45f0-9b83-f017144502e2_1920px_Nikki_V4A7550.jpg?fit=max&w=3840&rect=0,479,1281,961&q=50)
![Grænland](https://images.prismic.io/landsbankinn/ZlCHdCol0Zci9bJI_Gr%C3%A6nland.jpg?fit=max&w=3840&rect=0,5,1600,1200&q=50)
![Netöryggi](https://images.prismic.io/landsbankinn/f42fdc35-e151-459a-801d-e531af81adc9_LB_Netoryggi_Folsk_skilabod_1920x1080_6.jpg?fit=max&w=3840&rect=240,0,1440,1080&q=50)