# Baloise vs. Neon
**URL:** https://forum.mustachianpost.com/t/baloise-vs-neon/10923
**Category:** Banks, Insurances & Third Pillar
**Created:** [September 21, 2023, 7:55pm UTC](https://forum.mustachianpost.com/t/baloise-vs-neon/10923 "2023-09-21T19:55:53Z")
**Posts on this page:** 4
**Page:** 1
### Author:  [@Nomoney](https://forum.mustachianpost.com/u/Nomoney)
#### Post date: [September 21, 2023, 7:55pm UTC](https://forum.mustachianpost.com/t/baloise-vs-neon/10923/1 "2023-09-21T19:55:53Z")
Hello, just got an ad for Baloise bank. Its seems like a good option even when comparing with neon?
No currency exchange fees as I can see, and only 0.25% when using an ATM abroad, compared to neons 1.5%.
Free credit card and banking package when you’re under 30.
Am I missing something?
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### Author:  [@nabalzbhf](https://forum.mustachianpost.com/u/nabalzbhf)
#### Post date: [September 21, 2023, 7:57pm UTC](https://forum.mustachianpost.com/t/baloise-vs-neon/10923/2 "2023-09-21T19:57:20Z")
> [@Nomoney](#):
>
> No currency exchange fees as I can see, and only 0.25% when using an ATM abroad, compared to neons 1.5%.
FYI those are always misleading and usually don’t include a 1% or more spread.
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### Author:  [@Nomoney](https://forum.mustachianpost.com/u/Nomoney)
#### Post date: [September 21, 2023, 8:06pm UTC](https://forum.mustachianpost.com/t/baloise-vs-neon/10923/3 "2023-09-21T20:06:07Z")
It says in the fee list “kostenlos” and "und dies ganz ohne Fremdwährungsgebühren. Ganz neu: Bei Bargeldbezügen im Ausland zahlen Sie nur noch 0.25% des bezogenen Betrages. "
I guess the questions is if they use visas exchange rate or of they have their own with a spread.
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### Author:  [@jay](https://forum.mustachianpost.com/u/jay)
#### Post date: [September 21, 2023, 8:36pm UTC](https://forum.mustachianpost.com/t/baloise-vs-neon/10923/4 "2023-09-21T20:36:11Z")
> [@Nomoney](#):
>
> I guess the questions is if they use visas exchange rate or of they have their own with a spread.
Their price overview states:
> 0,25 % des Betrags 2)
> 2) Währungsumrechnung: Devisenverkaufskurs vom Tag/Vortag der Buchung
I.e., it’s their own exchange rate. I couldn’t find it right away on their website but I would expect a \>1% margin. The total might be comparable with Neon for ATM cash withdrawals but you pay that margin also for payments with the debit card where Neon will have a much better exchange rate.