pure savings account relationships (savings accounts or investment accounts), 3a retirement accounts and vested benefits accounts, as well as pure investment accounts in connection with real estate financing are not subject to the client relationship fee.
Or you mean
CIC ON service offering:
First personal or current account free, each additional one CHF 2 per month
That looks okay actually, unless they force you to take a credit card.
Bank CIC is a wholly owned subsidiary of Crédit Mutuel. The French financial group Crédit Mutuel is one of the best capitalised banks in the world with 8.1 million members. Around 83 000 employees serve more than 34 million customers worldwide.
It really depends what you are looking for. If you need both digital and physical banking, then it could be a good option if there is a branch office near you. The interest and fees are similar to those of free checking accounts from some Swiss regional banks, so I would take a look at those and compare.
If you only use online banking and cards, etc. then you can look at neobanks like Neon, Yuh, etc. as well.
My guess is that you are worried about a possible bankruptcy at Credit Suisse. I won’t comment on that possibility, but obviously any bank can go bankrupt. It’s part of the parcel. The best way to protect your assets is to divide them between multiple banks: firstly because it is very unlikely that all banks will go bust at the same time; secondly because Swiss depositor protection is limited to 100k per customer and bank, and to a total of 6 billion francs (soon to be 8). Because the CHF 6 million pie has to be divided between all customers, a very small bank with no more than 6 billion in covered deposits can be safer than a bigger bank.
One observation on my part: Bank CIC consistently offers some of the highest-interest medium-term notes. That could possibly be interpreted as an above-average need to attract capital.
My advice would be to just compare Swiss savings accounts online and open savings accounts at the 3 best-paying banks which do not require you to also open a private account or buy shares, etc. If you will keep a lot of money (e.g. in the hundreds of thousands) as bank account balances, then I suggest you use more than 3 banks.
For your private account, just use the bank with the lowest fees and charges, and don’t keep more money in there than you need for running expenses. I use a regional bank which does not charge annual account fees for private accounts, and doesn’t charge for things like physical documents, postage, transactions at the counter, etc. which Credit Suisse did charge me for (I used them for a few years). There are plenty of good options out there.