I take the liberty of reopening the subject now that new products have appeared on the market:
UBS me, for 8.-/month (with 10’000.- in account) includes all the necessary services as well as the Classic credit cards of UBS. Interesting price/quality ratio considering the quality of their applications. No idea about the level of customer service.
Migros Bank now offers the new Visa Free with interesting (minimal) insurance. 7500.- to keep on the account, cost of 0.20 CHF per incoming transaction (P2P payment and TWINT are not considered as incoming payment), free Visa Debit card and TWINT since 2021. The opportunity cost is more interesting than the BCV offer which requires 10K in account. No idea about the quality of the applications and the customer service (any reviews?). Serious challenger in my opinion as a traditional bank.
I’ve been a happy customer for 5 years now. Now that they also changed from Maestro to VISA debit card, it’s even better. You have e-Bill available.
The applications could be a little bit more shiny, but they are working fine for my needs (desktop and mobile version). You still have local branches in most bigger cities, and customer service was excellent when I needed it (didn’t happen too often though). One of the things which is bugging me is that they are often doing maintenance during the weekend, but I think that’s a minor problem.
Being with Migrosbank has saved me a lot of fees during the last 5 years. If you pay 8.- per month for UBS, that’s 480.- saved on banking fees.
if I may add, I still see as a limitation the need of having the app installed in the pc or/and in the mobile and the need of going from one device to another with non negligible amount of job.
o would prefer the classic online interface with the 2-factor authentication (like CS, UBS, …)
nevertheless, for me Migros-Bank is very very good
Unlikely with all your requirements.
Is 8CHF/month (at UBS for example) really that much compared to your total NW / income / expenses?
Price of less than 2 coffees for a peace of mind and all the needed features - I would say it’s worth it.
I am with UBS and happy for the last 7+ years.
P.S. Now they apparently seem to have a promo offer of 0.3% reduction on the mortgage rates for clients (not that I need it, but I think I read you might soon).
It all depends on your interest and where your priorities lie. But on the principle of paying to have your money in a bank, I find that not very efficient, given the current market offer.
I think that the best compromise at the moment is with the Migros bank.
For 0,20 CHF per money entry, keeping 7500.- in account, the opportunity cost is for me unbeatable (better than the offer of the BCV with everything offered from 10K in account).
I haven’t tried the Migros Bank offer yet, but I definitely intend to try it and make up my own mind (and I have tried CSX, BCV, UBS and Raiffeisen).
not sure what calculating means in this context, but it seems you’re not tracking expenses, which I said is fine as it’s a personal thing. I’m not happy with a 4k bill at the end of the month that said “CC expenses”.