Bankastræti venue serving cocktails by early evening and hosting DJ nights at weekends.
B5 is a bar and club at Bankastræti 5 in central Reykjavik, Iceland, in the 101 district between the old town and Laugavegur. It serves cocktails by early evening and hosts DJ nights at weekends, so it works as both a polished drinks venue and a late-night dance spot. The atmosphere is polished and busy on weekends, with a crowd of locals and visitors, mostly adults in their twenties to forties. There is no strict dress code, but guests commonly dress smarter than at the area's beer pubs, and door staff may be more selective at peak times. Music is DJ sets, usually delivered from Thursday to Saturday, with quieter background music earlier in the evening. The drinks programme centres on cocktails, typically priced around ISK 2,400-3,200 (about $19-26), alongside beer and spirits. Opening hours are typically daily from the afternoon to late, with clubbing from Thursday to Saturday. Cover charge varies from free to roughly ISK 1,500-3,000 (about $12-24), depending on the night and the time of arrival. Arriving early in the evening for cocktails is often the cheapest and calmest way in, while Friday and Saturday after midnight bring the longest queues and the fullest dance floor. Table reservations are possible for groups, and enquiring ahead is advisable for larger parties on weekends. The Bankastræti location is close to Prikið and the Laugavegur bars, which makes it easy to include in a walking route. Visitors should bring identification, remember that Iceland's alcohol prices are high, and note that the legal purchase age is 20.
| Price | Cocktail ISK 2,400-3,200 (~$19-26) |
|---|---|
| Cover | Free to ISK 1,500-3,000 (~$12-24) |
| Hours | Typically daily from afternoon to late; clubbing from Thursday to Saturday |
| Address | Bankastræti 5, 101 Reykjavik |
Good to know
- Signature
- Bar and club on Bankastræti
Location
Bankastræti 5, 101 Reykjavik
64.1466, -21.9325 View on map
Highlights
- Cocktails served from early evening
- DJ sets Thursday to Saturday
- Bankastræti 5 location
- Cover from free to roughly ISK 1,500-3,000
Tips for visiting
- Arrive early for cocktails to avoid cover and queues.
- Friday and Saturday after midnight are the busiest, with possible lines.
- Dress a little smarter, as the door may be selective at peak times.
- Larger groups should enquire about tables ahead.
Visit, book or contact
Frequently asked questions
When does B5 turn into a club?
Clubbing is typically from Thursday to Saturday, with cocktails served earlier in the evening.
How much is cover?
Cover ranges from free to roughly ISK 1,500-3,000 depending on the night and time.
What do cocktails cost?
Cocktails typically cost about ISK 2,400-3,200 (roughly $19-26).