Aukakrónur are a simple and transparent benefits system available to holders of credit cards from Landsbankinn. They are krónur refunded to credit card holders upon domestic use of an A-card (Aukakrónur card), both from Landsbankinn and from the Aukakrónur partners. One Aukakróna is equivalent to one Icelandic króna.

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How do I earn Aukakrónur?

Every domestic transaction with an A-card generates benefits in the amount of 0.4-0.5% of the transaction amount in the form of Aukakrónur, courtesy of Landsbankinn. The amount of the refund depends on the type of card. If you choose to do business with one of the benefits system's over 200 partners, they grant an additional rebate in the form of a 0.65-12% refund as Aukakrónur. Each month, shortly after the due date for payment on the card, the accumulated Aukakrónur are credited to your Aukakrónur account.

Each month, shortly after the due date for payment on the card, the accumulated Aukakrónur are credited to your Aukakrónur account.

How do I use Aukakrónur?

When you want to use your Aukakrónur, you simply transfer them from the Aukakrónur account to a special Aukakrónur card that comes with your credit card. This card will be accepted as a regular payment card by any of our partners. Aukakrónur can be used as partial payment in any transaction.