Vild is based on your entire business relationship with Landsbankinn. Customers collect points by using the Bank’s services and their points equate to loyalty program levels. There are three levels in Vild:

• Vild 1: 3,000-6,999 points
• Vild 2: 7,000-14,999 points
• Vild 3: 15,000 points or more

Customers can check their level in the app, view the associated benefits and see ways to collect more points.

• If you are in Vild 2 or 3, you collect even more Aukakrónur each time you use a prepaid card or credit card to pay for domestic transactions.
• Vild 2: For each ISK 1,000 you spend you collect 1 extra Aukakrónur, on top of traditional collection.
  Vild 3: For each ISK 1,000 you spend you collect 2 extra Aukakrónur, on top of traditional collection.
  This applies both for Icelandair Saga Points and Aukakrónur.
• Extra Aukakrónur started accruing in January and will be paid throughout December. You can see your Aukakrónur balance under Vild in the app.

How do Aukakrónur work?

• You collect Aukakrónur when you use the Plúskort or other credit cards linked to the benefit system in domestic transactions. To spend your Aukakrónur, visit any of our over 200 partners.
• One Aukakróna is equivalent to one Icelandic króna.

More about Aukakrónur

If you are in Vild 3, you get 0.10 percentage points lower interest rates on non-indexed fixed-rate housing mortgages. The discount is applied both to new mortgages and refinancing of current housing mortgages with us. You also get a 50% refund of the borrowing charge in the form of Aukakrónur, up to 29,950 Aukakrónur. You can apply for refinancing in Landsbankinn’s app or on our website.

In Vild 2 and 3, you get 0.12-0.25 percentage point higher deposit rates on Markmið accounts in the app - Smart Savings. These accounts carry the Bank’s highest interest rate on non-fixed term accounts.

You can open as many Markmið accounts as you like. If you already have a Markmið account, the new terms have already been applied - you don’t need to do anything. The higher rate applies as long as you are in Vild 2 or 3.

To get an up to 10% refund of and access to the welfare portal, you need to have TM’s Fjölskylduleið.

To get to the Fjölskylduleið, you need to have Heimatrygging 2, 3 or 4 and two other of the following insurance types:

• Child insurance
• Homeowners’ insurance
• Life or illness insurance
• Accident or health insurance
• Cottage insurance
• Casualty insurance
• Car insurance for a private passenger car

If you hold other TM insurance, you still get more favourable terms through Landsbankinn Vild. To get an up to 10% refund and access to the welfare portal, you do need to meet the conditions of Fjölskylduleið. The Vild loyalty terms apply when insurance is bought or renewed.

The welfare portal is available to all TM’s Fjölskylduleið customers. 

• Through the welfare portal, we ensure that you get access to professionals like psychologists, sleep and speech therapists within 48 hours.
• Remote consultations are also available to those that live further afield.
• The first appointment is free of charge!
• By logging on to the Welfare portal, you agree to let our specialists verify that you are a Landsbankinn and TM customer.

More about the welfare portal (Icelandic)

The points are generally updated daily and should reflect changes, such as the addition of products or services, the following banking day. There are some exceptions, such as savings accounts, securities, supplementary pension savings and app functionalities. These are updated monthly and the changes won’t show until the beginning of the next month, even if they occur earlier.

In calculating loyalty terms, we use the level the customer will achieve following the transaction. If a customer is in Vild 2 but will level up to Vild 3 with a new housing mortgage, the terms of Vild 3 apply to the borrowing transaction.

In determining insurance terms, we also look to the level the customer will be in following the transaction. If a customer is in Vild 2 but will level up to Vild 3 by purchasing TM insurance, the terms of Vild 3 apply to the insurance deal.

Categorisation of customers in Vild is based on the Bank’s legitimate interests, cf. the Act on Data Protection and the Processing of Personal Data The Bank’s legitimate interests refer to the Bank’s ability to automatically categorise customers in order to offer them tailored service and terms in accordance with the volume of their business and customer relationship with the Bank.

As the processing is based on legitimate interests, you are entitled to object to it with reference to your specific position. If you do not want your information to be used to categorise you for the purposes of the Vild loyalty programme, please contact us by email to landsbankinn@landsbankinn.is, via the web chat or by phone to (+354) 410 4000.

We take your objection under consideration and cease the processing as promptly as possible unless it is shown that the Bank’s pressing legitimate interests outweigh your interests.