Which is acceptable.
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For those interested, Raiffeisen is offering a savings account with an interest rate of 2% in certain regions of Switzerland until December 31, 2024 for amounts up to CHF 1,500,000, otherwise the rate is 1.5%.
Please note that the notice period for withdrawing the amount is 180 days, i.e. 6 months.
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Love the recent relatively fierce competition in the Swiss banking sector 
What’s up with the latest UBS’s 1.75% promo?
“For a short time only: invest and save with up to 1.75% interest. Schedule a meeting today and we’ll tell you more”
- No I don’t want another meeting, I want to open the account and send the money. Why so secretive?
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It‘s probably for net new assets only and for a limited period of time - UBS is assuming lower key interest rates, therefore I do not expect that they can keep the 1.75% p.a. for a longer period of time.
Check Raiffeisenbank Winterthur, at least they are transparent and are publishing the T&C.
UBS also offers fix time depots. 3M is yielding 1.06% as of now (27 Feb 2024).
Is this 1.06% yearly interest? 1.06/4
Yes. That’s correct. It’s yearly interest
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I just got a message from WillBE that their interest rate is lowered to 1.30% (<50000chf)
New table applicable as of 22nd March:
| Total deposit | EUR | USD | CHF |
|---|---|---|---|
| up to 50,000 | 3.80% | 4.75% | 1.30% |
| up to 100,000 | 3.50% | 4.45% | 1.00% |
| from 100,000 | 0.25% | 0.25% | 0.25% |
Summary
- Willbe: 1.3% <50000 CHF / Any withdrawal
- Cembra: 1.85% no limit? / 20000CHF withdrawal or 6 month notice
- Radicant: 1.5% <250000CHF / no withdrawal restrictions
- Cler: 1.8% for one year <250000CHF / withdrawal 20k per year only (a bit obscure conditions imho)
- Alpian 1% up to 50000CHF and 1.5% after that. - However quarterly fee might apply if deposit is below 50k CHF. / Withdrawal without restrictions (apparently)
am I forgetting anything? I am thinking to move the money from WillBe to Radicant, experiences welcome. Howeveer with recent cuts on SNB rates, I expect some of those also might change conditions.
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Yeah I would wait, more will follow.
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I’m currently with Alpian for 1.5% (from 50’000-1’000’000). Nothing spectacular, the app seems to be a bit overloaded but works pretty ok. However, I also guess that interests will fall down very quickly now. I hope to get clarity how much cash I need soon to move back in equity.
Just when in a month my yearly bonus comes in and I have to convert into USD to invest it….
I’m having a trip to the US next month and this week hurt to watch . Should have converted earlier haha
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and a few days later Radicant does the same, effective today:
"Due to the recent interest rate cut by the Swiss National Bank (SNB), you will now get up to 1.25% interest on your everyday account.
- 1.25% for balance of up to CHF 250,000
- 1% for balance higher than CHF 250,000"
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WIR is now the best.
Not really… Cembra still better.
This? (1.85%)
See footnote 1; I’m expecting them to react within the next couple of weeks (just like the rest did).
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Cembra’s interest dropped today to 1.6%
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