# CHF short term deposits
**URL:** https://forum.mustachianpost.com/t/chf-short-term-deposits/10322
**Category:** Investing / Portfolios
**Created:** [March 11, 2023, 8:12am UTC](https://forum.mustachianpost.com/t/chf-short-term-deposits/10322 "2023-03-11T08:12:51Z")
**Posts on this page:** 20
**Page:** 2
### Author:  [@disaga87](https://forum.mustachianpost.com/u/disaga87)
#### Post date: [September 1, 2023, 12:23pm UTC](https://forum.mustachianpost.com/t/chf-short-term-deposits/10322/30 "2023-09-01T12:23:19Z")
Hi all,
I have asked a consultation to see what they offered now. I would be happy to get a 4.1% in EUROS at 1 year deposit.
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### Author:  [@disaga87](https://forum.mustachianpost.com/u/disaga87)
#### Post date: [September 21, 2023, 5:19pm UTC](https://forum.mustachianpost.com/t/chf-short-term-deposits/10322/31 "2023-09-21T17:19:52Z")
They are offering me like below in the CIC bank. Do you guys have any opinion or risk about this product? I find it very competitive for my EUR savings.
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### Author:  [@rolandinho](https://forum.mustachianpost.com/u/rolandinho)
#### Post date: [September 21, 2023, 8:25pm UTC](https://forum.mustachianpost.com/t/chf-short-term-deposits/10322/32 "2023-09-21T20:25:19Z")
Risk is low for \<100k, since the esisuisse protection covers 100k.
I haven’t personally shopped around for EUR rates, but 4% seems good, yes.
I get 3.5% at DKB (Tagesgeldkonto). A bit more flexible, a bit less interest.
Have you checked at wiLLBe? Their CHF interest is good and they also offer EUR account.
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### Author:  [@disaga87](https://forum.mustachianpost.com/u/disaga87)
#### Post date: [September 22, 2023, 6:57am UTC](https://forum.mustachianpost.com/t/chf-short-term-deposits/10322/33 "2023-09-22T06:57:58Z")
Thanks @rolandinho ! I have the money at the moment in IBKR giving around 3.39% but as you know the first 10k are not considered for the interest calculation. I made the math and I see with CIC I could get up to 2570 EUROS more per year, so to me it’s a no brainer at the moment.
Any other has experience with CIC Flex?
Thanks
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### Author:  [@ma0](https://forum.mustachianpost.com/u/ma0)
#### Post date: [September 22, 2023, 8:09am UTC](https://forum.mustachianpost.com/t/chf-short-term-deposits/10322/34 "2023-09-22T08:09:28Z")
Inst CIC Flex for min 5Mio?
Side note: google doesn’t show anymore when a link is a pdf 🤮
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### Author:  [@disaga87](https://forum.mustachianpost.com/u/disaga87)
#### Post date: [September 22, 2023, 8:33am UTC](https://forum.mustachianpost.com/t/chf-short-term-deposits/10322/35 "2023-09-22T08:33:01Z")
it’s open now from 50k
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### Author:  [@TeaGhost](https://forum.mustachianpost.com/u/TeaGhost)
#### Post date: [September 22, 2023, 11:38am UTC](https://forum.mustachianpost.com/t/chf-short-term-deposits/10322/37 "2023-09-22T11:38:05Z")
This is great, and will replace my WiLLBe Account. To date, I have run through 3 different high interest savings accounts already. Key learning is that until we reached a new equilibrium, its key to prevent longer account lock-ins that prevent later moves. The CIC’s 3 month lock-in is just about the max I am currently willing to accept.
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### Author:  [@Dr.PI](https://forum.mustachianpost.com/u/Dr.PI)
#### Post date: [September 24, 2023, 3:21pm UTC](https://forum.mustachianpost.com/t/chf-short-term-deposits/10322/39 "2023-09-24T15:21:40Z")
A post was merged into an existing topic: [CHF accounts with best interest rates: discussion](https://forum.mustachianpost.com/t/chf-accounts-with-best-interest-rates-discussion/9427/287)
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### Author:  [@CurlyChicken](https://forum.mustachianpost.com/u/CurlyChicken)
#### Post date: [September 25, 2023, 8:53am UTC](https://forum.mustachianpost.com/t/chf-short-term-deposits/10322/40 "2023-09-25T08:53:18Z")
About the FLEX term deposit:
> Term starts: 2 October 2023 (your transfer should reach us by 4pm on 28 September 2023)
can we add additional cash after 28th Sept?
> Term: 12 months
> Interest CHF: average 1.95% (quarterly, months 1-3: 1.90%, months 4-6: 1.95%, months 7-9: 1.95%, months 10-12: 2.00%)
> Callable: every three months on the interest payment date (notice must be received three days before the end of the third month)
Does it mean that we don’t have the choose the length period in advance, every 3 month we have the chance to get out partially or even all our cash, right?
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### Author:  [@CurlyChicken](https://forum.mustachianpost.com/u/CurlyChicken)
#### Post date: [September 25, 2023, 9:33am UTC](https://forum.mustachianpost.com/t/chf-short-term-deposits/10322/42 "2023-09-25T09:33:30Z")
I belive Neon has some kind of limit that we can transfer out every month.
Does someone know how much can we cash out every month from Neon?
And from wiLLBe?
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### Author:  [@Dr.PI](https://forum.mustachianpost.com/u/Dr.PI)
#### Post date: [October 23, 2023, 9:20pm UTC](https://forum.mustachianpost.com/t/chf-short-term-deposits/10322/43 "2023-10-23T21:20:51Z")
8 posts were split to a new topic: [wiLLBe banking app](https://forum.mustachianpost.com/t/willbe-banking-app/11126)
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### Author:  [@CurlyChicken](https://forum.mustachianpost.com/u/CurlyChicken)
#### Post date: [September 25, 2023, 2:16pm UTC](https://forum.mustachianpost.com/t/chf-short-term-deposits/10322/45 "2023-09-25T14:16:04Z")
how is the process to open the FLEX term deposit?
can we open it online? their website don’t look very modern
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### Author:  [@CurlyChicken](https://forum.mustachianpost.com/u/CurlyChicken)
#### Post date: [September 25, 2023, 5:40pm UTC](https://forum.mustachianpost.com/t/chf-short-term-deposits/10322/47 "2023-09-25T17:40:36Z")
> i’m still in the process of opening an account (cic on)
Be aware of “your transfer should reach us by 4pm on 28 September 2023”,
so don’t wait too long
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### Author:  [@CurlyChicken](https://forum.mustachianpost.com/u/CurlyChicken)
#### Post date: [September 26, 2023, 5:08pm UTC](https://forum.mustachianpost.com/t/chf-short-term-deposits/10322/49 "2023-09-26T17:08:50Z")
In order to transfer money out of wiLLBe, firstly we need to mark the destination bank account as “validated account”. Does anyone know if I can have more than one “validated accounts”? or instead if I add a new one the one already added is gonna be deleted?
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### Author:  [@CurlyChicken](https://forum.mustachianpost.com/u/CurlyChicken)
#### Post date: [September 26, 2023, 5:16pm UTC](https://forum.mustachianpost.com/t/chf-short-term-deposits/10322/50 "2023-09-26T17:16:22Z")
> [@oslasho](#):
>
> according to their faq, there are two limits:
>
> a) 50k per day for all transactions combined
> b) 50k per calendar month for withdrawals from all spaces
If we want to make a transaction from neon to another bank, firstly the money should be in main account first. Does the transaction from neon spaces to neon main account count for this 50k limit? or transaction between my neon spaces and main account does not count and only count the transactions from my main account to my external bank account? thx
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### Author:  [@San\_Francisco](https://forum.mustachianpost.com/u/San_Francisco)
#### Post date: [September 26, 2023, 5:53pm UTC](https://forum.mustachianpost.com/t/chf-short-term-deposits/10322/51 "2023-09-26T17:53:24Z")
> [@CurlyChicken](#):
>
> Does anyone know if I can have more than one “validated accounts”?
I have more than one.
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### Author:  [@ZahliBaba](https://forum.mustachianpost.com/u/ZahliBaba)
#### Post date: [September 27, 2023, 6:50am UTC](https://forum.mustachianpost.com/t/chf-short-term-deposits/10322/53 "2023-09-27T06:50:36Z")
You need to call 058 268 16 00 and they will send you a link to open an account. Money can be deposited until Sep. 29 for the current offering. They will send you a link right away and you can proceed online (ID scan, selfie, etc.) - takes about 5 minutes. Just did that, now waiting for them to open my account.
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### Author:  [@CurlyChicken](https://forum.mustachianpost.com/u/CurlyChicken)
#### Post date: [September 27, 2023, 7:03am UTC](https://forum.mustachianpost.com/t/chf-short-term-deposits/10322/54 "2023-09-27T07:03:59Z")
You are right.
But no sense. I don’t understand why charge with a fee with when you transfer money between neon spaces. The money don’t leave at any time neon system.
Considering the restriction that transfers can only be made from the main account. If you have your cash in a space you will only be able to send ie PostFinance 25k in a month.
25k from space to main account + 25k from main account to PostFinance = 50k limit
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### Author:  [@CurlyChicken](https://forum.mustachianpost.com/u/CurlyChicken)
#### Post date: [September 27, 2023, 9:30am UTC](https://forum.mustachianpost.com/t/chf-short-term-deposits/10322/55 "2023-09-27T09:30:47Z")
> [@CurlyChicken](#):
>
> I don’t understand why charge with a fee with when you transfer money between neon spaces. The money don’t leave at any time neon system.
Now, I am understand why. “Space” in Neon jargon means “saving account”. The cash you have in your main Neon account has 0% interest.
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### Author:  [@0xLambda](https://forum.mustachianpost.com/u/0xLambda)
#### Post date: [October 4, 2023, 4:18pm UTC](https://forum.mustachianpost.com/t/chf-short-term-deposits/10322/58 "2023-10-04T16:18:01Z")
According to [this article](https://www.cash.ch/news/top-news/ubs-will-mit-spitzenzinsen-credit-suisse-abflusse-wettmachen-643320), Credit Suisse / UBS offers pretty good conditions for short term deposits at the moment (1.8% for 3M)
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