1967 Icelandic Cup
The 1967 Icelandic Cup was the eighth edition of the National Football Cup.
It took place between 29 July 1967 and 21 October 1967, with the final played at Melavöllur in Reykjavík. The cup was important, as winners qualified for the UEFA Cup Winners' Cup. Teams from the Úrvalsdeild karla did not enter until the quarter finals. In prior rounds, teams from the 2. Deild, as well as reserve teams, played in one-legged matches. In case of a draw, lots were drawn. From the semi-finals, after a replay, lots were drawn.
KR Reykjavík won their 7th Cup in 8 seasons, beating 2. Deild Víkingur Reykjavík, 3 - 0 in the final.
Second round
| Team 1 | Team 2 | Result |
| UMF Selfoss | KR Reykjavík B | 1 - 3 |
| Týr Vestmannaeyjar | FH Hafnarfjörður B | 6 - 6 |
| Víkingur Reykjavík | Haukar Hafnarfjörður | 3 - 2 |
| þrottur Reykjavík | IA Akranes B | 2 - 3 |
Quarter finals
| Team 1 | Team 2 | Result |
| IA Akranes B | Víkingur Reykjavík | 2 - 3 |
| ÍBA Akureyri | Fram Reykjavík | 6 - 6 |
| KR Reykjavík | ÍBK Keflavík | 2 - 1 |
| Valur Reykjavík | ÍA Akranes | 0 - 1 |
Final
- KR Reykjavík won their seventh Icelandic Cup and qualified for the 1968–69 European Cup Winners' Cup.