If people are changing the bank relationship because of 0.35% (as they would be high spenders in FX in a FIRE forum, come on), then another 0.15% are even more expensive.
Cost cutting is nice, but saving CHF 70 on a spending of CHF 20‘000 is a …. cheap move, isn‘t it?
tha’ts all about… (80% of my spending with the card is in EUR… I’ll survive the 0.35% but this odd feeling… arghhh)
I checked, but the PDF which contains all the prices and stuff is counting hundreds of fees for some service. I don’t know if it’s worth.
(Btw. I might have employee discount… I have to check it makes sense going with UBS).
It’s actually a bit confusing. The actual debit cards have very high fees abroad “2% of the amount, at least CHF 1, UBS foreign exchange sell rate” where the exchange rate markup is typically about 1.7% for major currencies, so a total of 3.7% and even more for amounts below CHF 50.
It’s the key4 prepaid and credit cards that have the much more reasonable Mastercard +0.5% rate without additional fees (and you get 0.2% back in KeyClub points for prepaid/standard, 0.4% for premium, 0.6% for platinum)..
It seems the basic key4 banking package includes both, a debit card and a key4 prepaid card, for free but the prepaid card is a bit less convenient to use as you presumably have to separately transfer money from your bank account to your card account.
Yes the debit card transaction fees are lower for the key4 package than the “normal” banking package.
The prepaid and credit card have unattractive fees, but I don’t see why one would need them. If there’s a reason, I would simply use Migros Cumulus credit card instead.
You’re talking about the real debit card from the key4 package, not the key4 prepaid card? That doesn’t match my understanding from reading the UBS pricing document. Can you provide a source?
True, but you get banking with a web app, phone support, a proper TWINT app, free withdrawals at UBS and CS ATMs, real offices you can walk into etc.
I for mysef am THIS close to moving to key4. Or not 
You’re right, I misread. It really is a bit confusing.
That reminds that time when an UBS employee, back when they talked with poor people like me, asked to photocopy a price list from ubs itself.
That’s the confusopoly I’d like to avoid and imho has to be avoided.
yep. I’ll take WIR. Now again the hassle to move all ebill issuers over incl. changing email adress in order to allow the smooth transition.
Isn’t Alpian the best deal in town for banking and Radicant for card payments ?
Not sure what’s wrong with them
nope. fx 0.2%-0.5%
physical card costs extra (I got it on promo and don’t pay though)
2chf for atm
I believe 0.2% on weekdays is quite reasonable unless there is no way to know expenses (that might happen during weekend) in advance
I was only referring to foreign payments.
But yeah if cash withdrawals are of interest then it’s different thing
Isn’t Alpian the best deal in town for banking and Radicant for card payments ?
Radicant has been working smoothly for me (card payments). I bought an e-bike on April 9, and the EUR/CHF rate applied was 0.928; about 0.71% below the Mastercard rate and very close to the interbank rate (which seems to be around 0.92X, though I could not find a single definitive source). Just sharing another sample for reference.
The prepaid card included in the UBS key4 free package no longer offers the preferential exchange rate.
To benefit from the better rate, you now need to order either:
In short, the whole setup is becoming increasingly convoluted, whereas it used to be much simpler and straightforward, but with a 8.- fees…
UBS package and fees are like dancing a bad tango : 1 step forwards , 2 steps backwards …
An other voice for Radicant.
No FX fees for payments abroad, 12x/y ATM withdrawal, own Twint app and everything you need for CH. EUR account (but bad FX 0.9%..) and soon possibility to open a second one in CHF.
Happy with them so far.
Do radicant offer eTax documentation for free? neon only does if you use neon invest.
I’m not using their invest offers, only banking. And yes, I’m surprised I received an eTax document…! (just checked now)
Yep, they did for 2024. Only have savings accounts.
You dont have to. The ebill account is not linked with your bank account. I see my invoices in both Raiffeisen portal and BCV.