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The 1967 Icelandic Cup was the eighth edition of the National Football Cup.
It took place between 29 July 1964 and 21 October 1964, with the final played at in Reykjavik. The cup was important, as winners qualified for the UEFA Cup Winners' Cup (if a club won both the league and the cup, the defeated finalists would take their place in the Cup Winners' Cup). Teams from the Úrvalsdeild karla (1st division) did not enter until the quarter finals. In prior rounds, teams from the 2. Deild (2nd division), 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 Reykjavik won their 7th Cup in 8 seasons, beating 2. DeildVikingur Reykjavik, 3 - 0 in the final.