Ikano Bank AB (publ) products, services and reviews

Rating, reviews, address, contact info, branches, phone numbers, fixed deposits, savings and card accounts offered by Ikano Bank AB (publ)

Special offer
Protected up to €100K
Free maintenance
Up to

3.80%

Annual fee

Free

Cashback

No

Interest rates up to 3.80%

Open and manage directly on PickTheBank Platform

Terms from 3 months to 5 years

Annual interest payments

Protected by Deposit Guarantee System up to 100.000 EUR

bank4582SE

Ikano Bank AB (publ)

4.0

Sweden

Credit ratings

Deposit Guarantee Scheme (DGS)

Deposit Guarantee Scheme (DGS) member. Deposits up to €100k per person are covered

S&P

-

Moody’s

-

Fitch

-

About Ikano Bank AB (publ)

Ikano Bank AB (publ) is a Swedish licensed credit institution within Ikano Group, associated with the Kamprad family’s business interests, that concentrates on consumer finance and straightforward savings products delivered primarily through digital channels. The bank offers unsecured personal loans, car loans via dealers, point‑of‑sale instalment plans, and co‑branded/store cards with selected retail partners (including IKEA in certain markets), along with easy‑access and fixed‑term savings; on the corporate side it provides leasing and hire‑purchase solutions for equipment and vehicles. Operations are centered on the Nordics with additional activity in selected European markets such as Germany; the UK operation has been reduced to servicing existing agreements after the bank discontinued new consumer lending there. Ikano Bank is supervised by Finansinspektionen (Swedish FSA); eligible deposits are protected by the Swedish deposit guarantee administered by the National Debt Office, currently covering up to SEK 1,050,000 per depositor and institution, with statutory provisions for temporary high balances. Accounts, pricing, and eligibility differ by country: savings rates may be tiered and fixed‑term products generally cannot be broken without penalty, while loan APRs are risk‑based and subject to local consumer‑credit rules, with standard prepayment rights and fees for late payment or collection. The bank operates without a large branch network, using online and mobile onboarding (including electronic identification such as BankID in Sweden), supports strong customer authentication under PSD2, and provides service via phone, chat, and email; complaints can be escalated to national alternative dispute resolution bodies and the bank publishes regulatory disclosures (e.g., annual and Pillar 3 reports) covering capital and liquidity. Suitability depends on market availability and product scope: the offering is focused on savings and retail finance rather than full‑service everyday banking, and cross‑border differences in terms, fees, and language support make it important to review the country‑specific information provided on the bank’s website before applying.

Ikano Bank AB (publ) Deposit guarantee scheme participation

Ikano Bank AB (publ) participates in the deposit guarantee scheme of Sweden which applies to all deposit accounts made by natural persons, legal entities and covers up to up to 100,000 EUR (or equivalent in local currency) per bank per depositor.

Ikano Bank AB (publ) Countries of operations

Ikano Bank AB (publ) offers their savings products in Denmark, Sweden

Products offered by Ikano Bank AB (publ) and interest rates

Ikano Bank AB (publ) offers 7 deposits and 4 savings accounts in DKK, SEK.

Ikano Bank AB (publ) offers the following fixed deposits in DKK in Denmark: 0 months deposit - 1.25%; 6 months deposit - 1.65%; 12 months deposit - 1.6%; 24 months deposit - 1.7%; 36 months deposit - 1.8%.

Ikano Bank AB (publ) offers the following fixed deposits in EUR in Germany: 0 months deposit - 1.71%.

Ikano Bank AB (publ) offers the following fixed deposits in SEK in Sweden: 0 months deposit - 1.7%; 12 months deposit - 2.1%; 24 months deposit - 2.1%.

Best interest rates in Sweden

12 mths Fixed deposits

3.3%

USD

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24 mths Fixed deposits

2%

EUR

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36 mths Fixed deposits

2%

EUR

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Fixed deposits offered by Ikano Bank AB (publ)

Sales region:

Savings accounts offered by Ikano Bank AB (publ)

Sales region:

Interest rate

Annual fee

Cashback

1.70%SEK

-No

1.40%SEK

-No

Loans offered by Ikano Bank AB (publ)

There are no products yet

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Branches

Ikano Bank AB (publ), Finland filial

ikanobank.fi

Korpivaarantie 1, 01450 Vantaa, Finland

IKANO BANK, FILIAL AF IKANO BANK AB (PUBL), SVERIGE

Ikano Bank AB (publ), Zweigniederlassung Deutschland

ikanobank.de

Wettinerstraße 5, 65205, Wiesbaden, Germany

Ikano Bank AB (publ) Spółka Akcyjna Oddział w Polsce

Contacts

Address

Hyllie Boulevard 27, 215 32, Malmö, Sweden

Phone number

+46 280 10 00

Website

ikanobank.se

Bank identifiers

BIC number

PLFGDE5AIKB

Name

Ikano Bank AB (publ)

Country

Sweden