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króna, kr, ISK
Everywhere seems to take cards, including taxis and a hot dog stand.
Contactless limit is ISK 5,000 (except for Íslandsbanki terminals which have a lower limit of ISK 4,200)
Payment and withdrawal limits
Crowdsourced merchant data
Card doesn’t seem to work in parking meters
Current account card works at self-service petrol stations. Earlier reports of cards not working may relate to the prepaid card.
You can have your value added tax (VAT) refunded at Keflavík Airport at Arion bank which is located in the arrivals hall of the airport. Passengers must apply for their refund before checking in and must be ready to show the goods for which they are claiming a refund. Minimum spend ISK 6,000.
To take advantage of this ask the merchant to complete the refund form when you pay in store.
To edit this guide, just tap the pencil icon below. Alternatively, add a reply with your comments and someone from the community will incorporate your suggestions into the guide and then delete your comment.