Your salary account!

The best place for your salary!

You shouldn’t have to pay all the bull$h!7 fees when using your own salary. That’s why there are no card fees with indó. No transaction fees, better exchange rates, no annual fee!

Get the app

We also want you to get better returns on your salary! That’s why we offer more competitive rates than comparable accounts at the traditional banks. Right now, we offer 1.75% interest on your debit account – and we pay you interest monthly. We also recommend using our savings jars for your savings, for even better interest rates!

Savings jars

The debit card

When you sign up for indó, you’ll receive a debit card. You can instantly add your indó card to your mobile wallet and start paying with your phone. The physical card will be sent to your home!

The indó card is issued by VISA, so it works worldwide. It’s ideal for travel – there are no currency conversion fees, so you get a better exchange rate with your indó card!

Get your salary to indó

It’s easy to make your indó account your salary account. Of course, you can always contact your payroll department directly and let them know you’d like your salary paid into your indó account – but you don’t have to.

We’ve made the process super simple – and you don’t need to talk to anyone. Just go to “Stuff” in the app, tap “Salary”, and you can request a salary transfer in just three clicks.

You can move your salary to indó with three simple clicks!

My spending

Do you realize how much of your salary goes to fixed expenses – and how often you use your card? Check out My spending in the indó app for a clear overview of your household expenses each month. You’ll see exactly where your money goes and how it changes from month to month.

Where does your salary go?

We’ve already sorted your transactions into categories – but you can move individual transactions between categories if you like. And of course, we also show you how much you’re saving in card fees every month by using indó.

Want to include bills in My spending?

You can hide transactions and choose whether to include bills in My spending. To see hidden transactions, just tap the 3 dots in the top right corner. There, you can also choose if you want bills included in the overview. Pssst… double-tap the dots and you can even turn on demo data instead of your real data – perfect if you want to show a friend how My spending works.

You’ll find My spending under “Stuff”

You’ll find your spending under All sorts in the indó app and in your transaction overview at the end of each month.

Prepaid salary

Some months are more difficult than others, and sometimes it’s hard to make ends meet. We believe no one should have to take an expensive loan for the last grocery cart of the month. If you receive your salary to your indó account, you can get 25,000 ISK in advance at the end of each month. This loan is free because it is repaid automatically at the beginning of the month when there is enough balance on the indó account.

Short free loan

indó loans