Your cookie choices

We use necessary cookies to make this site work. With your permission, analytics cookies help us understand usage and marketing cookies support advertising.

You can reject non-essential cookies and still use the site. Change your choices anytime in Cookie settings.

Cookie settingsCookie policy

DNB review

Updated September 28, 2026 · VaultCue Editorial Team · Facts checked September 26, 2026

We earn a commission when you sign up through links on this site. Partner status can affect where a brand appears in our rankings. Partners with a live offer in your country come first, then every other brand by score.

Our verdict

DNB suits people living in Norway who want a fee-free everyday account and savings that pay a variable rate with no withdrawal limits. The monthly fee is NOK 0 and the savings rate is 2.45%, so the trade-off sits in card conversion costs rather than account upkeep.

Key facts

Best for
Everyday banking in Norway with no subscription charge and savings in the same place
Monthly fee
NOK 0↗
Deposit protection
FDIC up to USD 250,000↗
Currency conversion fee
1.99%↗
Currencies
170↗
Local account details
IBAN↗
Free ATM withdrawals
NOK 0↗
Transfer fee
Own accounts NOK 0; to another Norwegian bank NOK 75 if DNB makes the transfer (free yourself in mobile or online bank); to a foreign bank NOK 160; international: SEPA NOK 0, to Europe non-SEPA NOK 30, other countries NOK 60; instant transfer to other banks NOK 75 above NOK 5,000↗
Legal entity
DNB Bank ASA↗
Headquarters
Norway↗
Founded
1822↗
Support channels
Chat, Phone, Help-centre↗
Audience
Teens
Pricing model
No monthly fee
Features
Free ATM withdrawals
Official website
dnb.no

Savings

Headline rate
2.45%↗
Rate type
Variable↗
Access terms
No withdrawal limits↗
Account kind
Easy access↗

Money transfer

Exchange rate markup
0%↗
Delivery time
0-2 bank days value date (Dag 0, Dag 1, Dag 2), same-day cut-offs 11.00-16.15 local time; DNB delivers to the recipient's bank within the time frame stated for the product↗
Payout methods
Bank↗
Fee to send 1,000
NOK 0 to NOK 60↗

Facts checked September 26, 2026, 12 sources

Apps and profiles

Elsewhere
WikidataWikipedia

Pros and cons

Pros

  • The everyday account charges a monthly fee of NOK 0, the same as the site median of €0, so there is nothing to pay to keep it open
  • The savings account pays a variable rate of 2.45%, and withdrawal terms are No withdrawal limits, so money can be taken out without notice
  • Card cash withdrawals come with an ATM allowance of NOK 0, and support runs on chat, phone and help centre
  • Currency reach is wide, with 170 currencies against a site median of 5

Cons

  • Card spending abroad costs 1.99%, well above the site median of 0.5% and the everyday account median of 0.22%
  • Transfer pricing is uneven: fees run NOK 0 to NOK 60 across the routes, and instant transfers to other banks are charged above a set threshold
  • The savings rate of 2.45% sits under the site median of 3%, and the rate is variable, so returns can fall as well as rise

Ready to try DNB?

Scored 9.4 / 10 by VaultCue.

See alternatives

Who it suits

  • People living in Norway who want everyday banking without a subscription charge and a savings balance in the same place
  • Teenagers, since the stated audience is teen and the account runs at no subscription cost
  • Holders who want IBAN local details and payouts into a bank account, with iban and bank in place

Who should look elsewhere

  • Anyone outside the Norwegian market, since DNB's local details are iban and its card conversion fee of 1.99% is set on Norwegian payments, while bunq lists 3% and bunq Spain Bank Account 3% on their own
  • People who move money abroad every week, since transfer fees run NOK 0 to NOK 60 and instant transfers to other banks are charged above a set threshold
  • Savings shoppers chasing a higher return, since the rate is 2.45% against a site median of 3%

How DNB compares

Where DNB is available

Available
Norway

Countries from the brand (Source, checked September 26, 2026)

Frequently asked questions

What does the DNB everyday account cost each month?+

The monthly fee is NOK 0, so there is no subscription charge while the account stays open. Card and transfer charges sit on top: the card conversion fee is 1.99% and transfer fees run NOK 0 to NOK 60 depending on the route used.

What does it cost to spend or withdraw money abroad?+

Spending on a card abroad carries a conversion fee of 1.99%, which is the main cost for anyone paying in other currencies. Cash withdrawals are covered by an ATM allowance of NOK 0, and the account reaches 170 currencies.

What interest do savings pay and can I take money out?+

The savings account pays a variable rate of 2.45%, so the return can move with the market rather than being fixed. The account kind is easy access and withdrawal terms are No withdrawal limits, so savings can be moved as soon as they are needed.

Is my money protected?+

Deposits are covered by FDIC up to USD 250,000. The account is operated by DNB Bank ASA, and because the stated cover is expressed in US dollars, it is worth checking that the limit still reaches the balance being held.

What do transfers cost and how quickly do they arrive?+

Payments between your own accounts are free, and transfers to another Norwegian bank are free when made in the mobile or online bank. Fees run NOK 0 to NOK 60 on the other routes, including instant transfers to other banks above a set threshold, and delivery lands with the recipient's bank within a few bank days, with same-day cut-offs in the afternoon.

Which currencies and local payment details do I get?+

The account covers 170 currencies against a site median of 5, and local details include iban. Payouts are made to a bank account, so incoming money arrives through a bank transfer.

How do I get help when something goes wrong?+

Support runs on chat, phone and help centre, so help is available by phone, chat or the help centre. The legal entity behind the account is DNB Bank ASA, headquartered in Norway, and the savings side of the account pays 2.45% at a variable rate.

Sources

Compiled from 12 source pages, checked September 26, 2026. We did not open an account.

Not confirmed yet: Licence type.

Related by the facts

DNB

Everyday banking in Norway with no subscription charge and savings in the same place

9.4/10See alternatives