How do I earn Aukakrónur?
Every domestic transaction with a credit card linked to the Aukakrónur benefit system generates benefits in the amount of 0.2-0.5% 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 250 partners, they grant an additional rebate in the form of a 0.5-20% refund as Aukakrónur. Each month, shortly after the due date for payment on the card, the accumulated Aukakrónur are credited to your Aukakrónur account.
Note that Aukakrónur do not accrue on transactions abroad, payment of interest and penalty interest, annual fees, statement fees, ATM withdrawals and card and instalment payment purchases (entered into with Aukakrónur partners).