Youngsters in the age group 9 to 15 years old can get their own card and bank account, access to online banking and the app. This makes it easy to get an overview of finances and even set savings goals.
You can get your own card, register it to your phone or watch and use it to make contactless payment. Legal guardians can apply for payment cards in Landsbankinn’s app.
The first debit card is a Klassi card The debit card can be linked to a phone or watch and used to make contactless payment.
For kids ages 9 to 15
No annual fee
No transaction fees
Pre-paid card for young people aged 9 to 18. Legal guardians create the card in the app and maintain full oversight. A legal guardian owns the card and the minor is the card holder. More
Pre-paid
No transaction fees
Annual fee
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The card comes with a free cinema ticket
You can register the card to your phone or watch and begin making contactless payment today.
It’s easy to set savings goals in the app and even share them with others, such as friends and family.
Gift money can form a solid savings base. Kids who are of confirmation age who deposit ISK 30,000 or more to a Framtíðargrunnur savings account or a mutual fund receive an ISK 6,000 contribution from Landsbankinn. If both options are used, we contribute ISK 12,000. Make an appointment to get the contribution.
You can deposit your savings to a Framtíðargrunnur savings account, an account that carries the highest interest rate we offer at any given time and is restricted until you turn 18. You can also invest your savings in mutual funds or other savings accounts.
It’s easy to sign up for regular savings in online banking or create savings goals in the app, which also allows you to share your goals with friends and family.
We help Klassi members to participate in various activities. Each year, we award recreation grants that can be used to pay for all kinds of activities. Recipients of the grants in recent years have been sponsored to participate in various sports, art studies and more.
Applying for access to online banking and the app, creating an account and getting a debit card is a matter of minutes.
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