CHF accounts with best interest rates: discussion

Banks, Insurances & Third Pillar
28

Valiant 1.5 % for up to a year, up to 250k.
Max withdrawal 10k.

1 Like
29
  • Automatische Umwandlung in ein Lila Sparkonto (Zinsstufe 4) per 01.03.2024
  • Rückzüge: CHF 10 000.00 pro Jahr frei, darüber frühestens kündbar auf 1. März 2024 mit einer Kündigungsfrist von sechs Monaten. Beispiel: Sofern die Kündigung per 31.08.2023 erfolgt, kann das Guthaben per 01.03.2024 bezogen werden. Bei Verletzung der Rückzugsbedingungen wird eine Kommission von 2 % belastet.

Hmm, without me, I want to be able to move my money everytime I want without charge and other “stupid” conditions.

Then after one year, you have their “Lila Spartkonto” with their 0.4% and with their limitation too.

But at least, they make an effort with their stunning 1.5%.

30

Which bank offers the highest interest rates without strict rules (e.g withdrawal notice period ≤ 1month)?

LUKB has 0.75%, but you need a privat account (2 / 3 CHF per month).
Zuger KB has 0.65%, private account needed as well (free for “Konto fix” package).

31

I don’t think you need a private account for LuKB savings. Just give them a call.

32

Hi there,

I am thinking about this one, but giving the fact that FED interest rates are likely close to the end, dollar will likely drop its value but I think it will still give you a posisitve i% when coverted back to CHF.

Any other view?

33

Yes.

2 Likes
34

1.8% on the wir saving plus account for one year. Free account.
Withdawal to be announced 6month before it seems. Cash has to come from another bank.

4 Likes
35

Up to 20’000 CHF it’s for free and at any time. Above 20’000 CHF.
Could be an option for a tax account as the tax offices do not give out any interests.

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36

It’s not the type of the account where you have to be their “investor”, right?

I wonder if it is possible to open without a checking account and as a joint account.

37

Yes, just had a call with them, you do not need any shares from them and it’s possible to only have the savings account and no checking account. Not sure about joint account, but they were very helpful and you can open the account directly by phone, so I’d ask them.

3 Likes
39

No, I assumed that you can choose because of the “Wir beraten Sie zum gegebenen Zeitpunkt gerne über Ihre Möglichkeiten.”. But let’s see what the contract states. I guess the alternative is just to announce the withdrawal 6 month before the end of the bonus period. Then you can do whatever you want with the money.

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40

Just had them on the Phone. After one year the money stays on the same bank account… The interets rate will have to be redetermined by then but are now announced at 0.6% after 31.03.24

5 Likes
42

From 1.5 Postfinance raise their rates for the savings account:
0.70% up to CHF 50,000
0.25% over CHF 50,000
previously it was:
0.40% up to CHF 25,000
0.00% over CHF 25,000

Let the battle begins :slight_smile:
Maybe we should post here all the new rates of all banks and change the title?

5 Likes
43

Best offer I found is LUKB with 0.8% for the first 100k.

Valiant offers 1.5% for funds transferred from other banks to them, but the money is blocked for 12 months. And the rate thereafter unknown…

2 Likes
44

Thanks for the info about Valiant. However, I didn’t find the restriction that the money is blocked for 12 months? Is this hidden somewhere in the terms? Only I see that there is a notice period of 6 months for amounts above CHF 10’000.
What I’m also wondering (without checking the terms): Is there a fee for closing the account…?

47

Can’t find easily their rates, are they better than Cembra’s?

10k per year without a cancellation notice is hardcore.

1 Like
49

Wir Bank is better for 1y with 1.8% no?

3 Likes
51

Just to make sure noone misses it: If you have a Neon account, you only get your 0.4% if you transfer your money to Neon spaces (“savings account”). If you leave it in your main account, you get 0%!

Is this is kind of a scam by Neon? Yuh offers 0.75% on its main account. So no need to move it to savings / “spaces”

I actually don’t see any reason for me to use Neon anymore: Yuh for my main account, Revolut/Wise for travelling.

53

As far as I’ve seen: No, you can withdraw your Yuh-money without limits!

55

50k withdrawal limit per day for money in your Neon “spaces” with 0.4% up to 25k balance, no limits for your Neon main account with 0%.

With Yuh, I get 0.75% without withdrawal limits (up to 25k, and 0.5% for 25k-100k)

2 Likes