# CHF accounts with best interest rates: discussion
**URL:** https://forum.mustachianpost.com/t/chf-accounts-with-best-interest-rates-discussion/9427
**Category:** Banks, Insurances & Third Pillar
**Created:** [September 29, 2022, 7:18am UTC](https://forum.mustachianpost.com/t/chf-accounts-with-best-interest-rates-discussion/9427 "2022-09-29T07:18:03Z")
**Posts on this page:** 20
**Page:** 8
### Author:  [@Quack](https://forum.mustachianpost.com/u/Quack)
#### Post date: [June 28, 2023, 6:26pm UTC](https://forum.mustachianpost.com/t/chf-accounts-with-best-interest-rates-discussion/9427/174 "2023-06-28T18:26:26Z")
Anyone know if ibkr is covered by the usual deposit insurance schemes?
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### Author:  [@nabalzbhf](https://forum.mustachianpost.com/u/nabalzbhf)
#### Post date: [June 28, 2023, 7:27pm UTC](https://forum.mustachianpost.com/t/chf-accounts-with-best-interest-rates-discussion/9427/175 "2023-06-28T19:27:19Z")
Not esisuisse but sipc. (Though there’s always going to be some question on how much is covered for cash, if it really looks like you didn’t intend to invest it)
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### Author:  [@TRSP](https://forum.mustachianpost.com/u/TRSP)
#### Post date: [July 4, 2023, 3:38pm UTC](https://forum.mustachianpost.com/t/chf-accounts-with-best-interest-rates-discussion/9427/177 "2023-07-04T15:38:33Z")
I have found this one: [Konten zum Sparen | Bank BSU | in Ihrer Region](https://www.bankbsu.ch/privatkunden/konten/sparen). 1.36% up to 25’000 and .11% up to 100’000. I guess it’s so far the best offer that is regular, i.e. no special offer! Will add it to the list here: [Savings accounts (CHF) with best rates: an overview](https://forum.mustachianpost.com/t/savings-accounts-chf-with-best-rates-an-overview/10517)
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### Author:  [@TRSP](https://forum.mustachianpost.com/u/TRSP)
#### Post date: [July 4, 2023, 4:38pm UTC](https://forum.mustachianpost.com/t/chf-accounts-with-best-interest-rates-discussion/9427/179 "2023-07-04T16:38:20Z")
Thank you for that. However, I’m not an expert, but what makes it different to a savings account? As far as I can see a withdrawal of up to CHF 50’000 per year is possible at any time and without delay, i.e. there is no withdrawal notice below CHF 50’000. That’s literally the same or better than other savings accounts on this list! So, I would suggestt to list it under savings accounts since the conditions are quite good. Or am I missing something?
PS: You also deleted my ‘last time checked’ remark. I guess this would be quite handy since the conditions change frequently!
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### Author:  [@Dr.PI](https://forum.mustachianpost.com/u/Dr.PI)
#### Post date: [August 31, 2023, 1:18pm UTC](https://forum.mustachianpost.com/t/chf-accounts-with-best-interest-rates-discussion/9427/182 "2023-08-31T13:18:35Z")
4 posts were split to a new topic: [Swissquote Invest Easy](https://forum.mustachianpost.com/t/swissquote-invest-easy/10822)
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### Author:  [@Dr.PI](https://forum.mustachianpost.com/u/Dr.PI)
#### Post date: [October 23, 2023, 9:36pm UTC](https://forum.mustachianpost.com/t/chf-accounts-with-best-interest-rates-discussion/9427/185 "2023-10-23T21:36:09Z")
35 posts were merged into an existing topic: [wiLLBe banking app](https://forum.mustachianpost.com/t/willbe-banking-app/11126)
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### Author:  [@Daniel](https://forum.mustachianpost.com/u/Daniel)
#### Post date: [July 11, 2023, 8:58am UTC](https://forum.mustachianpost.com/t/chf-accounts-with-best-interest-rates-discussion/9427/199 "2023-07-11T08:58:04Z")
In my opinion, picking the right bank is a bit like stock picking. Rating agencies have let us down in the past (think Lehman Brothers). Just as with stocks, diversification is a much more logical approach. It does require some effort to open, say, 10 savings accounts at different banks, but it’s not that difficult.
I think this could be something for a fintech startup: An app for secure saving in which you enter your information once, and it automatically opens a balanced portfolio of savings accounts (secure banks balanced with highest-yield accounts) for you in the background using that information, but on the front end it all appears as one account for the user.
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### Author:  [@Dr.PI](https://forum.mustachianpost.com/u/Dr.PI)
#### Post date: [July 11, 2023, 9:51am UTC](https://forum.mustachianpost.com/t/chf-accounts-with-best-interest-rates-discussion/9427/200 "2023-07-11T09:51:02Z")
> [@Daniel](#):
>
> I think this could be something for a fintech startup: An app for secure saving in which you enter your information once, and it automatically opens a balanced portfolio of savings accounts (secure banks balanced with highest-yield accounts) for you in the background using that information, but on the front end it all appears as one account for the user.
Yeah, I even have a name for this Fintech: “Swiss Roulette”. With a motto “Which bank will fail next?”.
Seriously, there are now so many apps that allow to buy stocks and ETFs, why not an app to manage fixed income? If it would allow to sign mid term deposit notes from different banks automatically, that would be a killer app!
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### Author:  [@Daniel](https://forum.mustachianpost.com/u/Daniel)
#### Post date: [July 11, 2023, 10:03am UTC](https://forum.mustachianpost.com/t/chf-accounts-with-best-interest-rates-discussion/9427/201 "2023-07-11T10:03:37Z")
The aim would, in fact, be the opposite, as your assets are diversified across multiple banks. It would also maximize Swiss depositor protection. Of course, anyone with a bit of initiative could easily do this themselves, but for a neobank looking for a unique value proposition, it’s an idea worth considering.
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### Author:  [@Daniel](https://forum.mustachianpost.com/u/Daniel)
#### Post date: [July 11, 2023, 11:25am UTC](https://forum.mustachianpost.com/t/chf-accounts-with-best-interest-rates-discussion/9427/202 "2023-07-11T11:25:41Z")
> [@Dr.PI](#):
>
> why not an app to manage fixed income? If it would allow to sign mid term deposit notes from different banks automatically, that would be a killer app!
Agreed. Especially if the app could make the whole thing appear as simple as a bank account on the user’s end.
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### Author:  [@xmj](https://forum.mustachianpost.com/u/xmj)
#### Post date: [July 11, 2023, 3:39pm UTC](https://forum.mustachianpost.com/t/chf-accounts-with-best-interest-rates-discussion/9427/203 "2023-07-11T15:39:27Z")
How much would you be willing to pay for this, per year, in terms of AUM?
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### Author:  [@Dr.PI](https://forum.mustachianpost.com/u/Dr.PI)
#### Post date: [July 11, 2023, 3:42pm UTC](https://forum.mustachianpost.com/t/chf-accounts-with-best-interest-rates-discussion/9427/204 "2023-07-11T15:42:55Z")
0.1, maybe 0.2% p.a., to be deducted from the earned interest. I think banks will also provide some kick back if you bring them customers.
Would be interesting to explore if it is possible to pool some deposits and place money with SNB. 😁
Add a debit card to let you earn interchange kickbacks with payment network fees for the currency exchange, like Neon, and I am sold on it. Many risk averse persons probably also.
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### Author:  [@rumblebelly](https://forum.mustachianpost.com/u/rumblebelly)
#### Post date: [July 11, 2023, 10:57pm UTC](https://forum.mustachianpost.com/t/chf-accounts-with-best-interest-rates-discussion/9427/205 "2023-07-11T22:57:07Z")
Apparently such products for copanies already exist in the US: [Deposit insurance maximization as a service](https://www.bitsaboutmoney.com/archive/deposit-insurance-maximization-as-a-service/)
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### Author:  [@Dr.PI](https://forum.mustachianpost.com/u/Dr.PI)
#### Post date: [July 13, 2023, 12:28pm UTC](https://forum.mustachianpost.com/t/chf-accounts-with-best-interest-rates-discussion/9427/206 "2023-07-13T12:28:30Z")
5 posts were merged into an existing topic: [CHF short term deposits](https://forum.mustachianpost.com/t/chf-short-term-deposits/10322/12)
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### Author:  [@xerox5003](https://forum.mustachianpost.com/u/xerox5003)
#### Post date: [July 13, 2023, 5:04pm UTC](https://forum.mustachianpost.com/t/chf-accounts-with-best-interest-rates-discussion/9427/207 "2023-07-13T17:04:02Z")
Did someone mention IBRK? Above CHF 10k, you get 1.06% p.a.
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### Author:  [@Gordon-Ecco](https://forum.mustachianpost.com/u/Gordon-Ecco)
#### Post date: [July 13, 2023, 5:42pm UTC](https://forum.mustachianpost.com/t/chf-accounts-with-best-interest-rates-discussion/9427/208 "2023-07-13T17:42:32Z")
And interest is payed out monthly 🫶
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### Author:  [@asuka623](https://forum.mustachianpost.com/u/asuka623)
#### Post date: [July 21, 2023, 12:14pm UTC](https://forum.mustachianpost.com/t/chf-accounts-with-best-interest-rates-discussion/9427/209 "2023-07-21T12:14:38Z")
[https://www.ubs.com/ch/en/private/accounts-and-cards/accounts/savings-account-extra.html](https://www.ubs.com/ch/en/private/accounts-and-cards/accounts/savings-account-extra.html)
I wonder if I could just save my money there for a year and then close their account??
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### Author:  [@Quack](https://forum.mustachianpost.com/u/Quack)
#### Post date: [July 21, 2023, 9:57pm UTC](https://forum.mustachianpost.com/t/chf-accounts-with-best-interest-rates-discussion/9427/211 "2023-07-21T21:57:57Z")
Max withdrawal of 10k per year. Does that mean if i put in 100k then I can only withdraw it (without penalty) over the course of a decade?
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### Author:  [@Dr.PI](https://forum.mustachianpost.com/u/Dr.PI)
#### Post date: [July 21, 2023, 10:13pm UTC](https://forum.mustachianpost.com/t/chf-accounts-with-best-interest-rates-discussion/9427/212 "2023-07-21T22:13:58Z")
> UBS Savings Account extra
> Get more from your money with an attractive interest rate, which applies until 30 September 2024. **After this time, your UBS Savings Account extra will be automatically continued under the standard conditions of the UBS Savings Account.**
It’s kind of a cross between a savings account and a fixed term deposit.
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### Author:  [@dbu](https://forum.mustachianpost.com/u/dbu)
#### Post date: [July 22, 2023, 4:44am UTC](https://forum.mustachianpost.com/t/chf-accounts-with-best-interest-rates-discussion/9427/213 "2023-07-22T04:44:15Z")
No, 10k max without fees.
All savings account have such conditions (some have higher limits though, like 20k).
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