Compare Savings Accounts in Switzerland

Savings accounts in Switzerland are tracked across high-street banks, building societies and digital challengers, with all eligible deposits covered under Switzerland's depositor protection up to CHF 100,000. Compare introductory bonus rate expiry dates carefully — many top-rate accounts revert to a lower standard rate after 12 months, and the switch requires action to retain the rate.

23 live savings accounts offers tracked across 16 Swiss providers, with rates from 0.50% AER. Data current as of 23 October 2026 and updated daily from the Giraffy database.

Live offers

23 live offers compared from 16 providers, from 0.50% AER. Updated daily.

UBS Savings Account CH UBS CH

0.50% AER

  • Interest Rate: 0.50% p.a.
  • Account Type: Instant access savings
  • Term: Instant access
  • Balance Limits: No limit

Raiffeisen Sparkonto CH Raiffeisen CH

0.75% AER

  • Interest Rate: 0.75% p.a.
  • Account Type: Instant access savings
  • Term: Instant access
  • Balance Limits: Up to CHF 100,000 (cooperative)

BEKB Sparkonto CH Berner Kantonalbank CH

0.80% AER

  • Interest Rate: 0.80% p.a.
  • Account Type: Instant access savings
  • Term: Instant access
  • Balance Limits: CHF 500,000 cantonal guarantee

ZKB Sparkonto CH ZKB CH

0.80% AER

  • Interest Rate: 0.80% p.a.
  • Account Type: Instant access savings
  • Term: Instant access
  • Balance Limits: CHF 500,000 state guarantee

BCV Savings CH BCV CH

0.85% AER

  • Interest Rate: 0.85% p.a.
  • Account Type: Instant access savings
  • Term: Instant access
  • Balance Limits: CHF 500,000 cantonal guarantee

Migros Bank Sparkonto CH Migros Bank CH

0.90% AER

Migros Bank Sparkonto CH from Migros Bank CH. Interest Rate: 0.90% p.a.; Account Type: Instant access savings; Term: Instant access; Balance Limits: Up to CHF 500,000.

  • Interest Rate: 0.90% p.a.
  • Account Type: Instant access savings
  • Term: Instant access
  • Balance Limits: Up to CHF 500,000

Bank Cler Sparkontoplus CH Bank Cler CH

1% AER

  • Interest Rate: 1.00% p.a.
  • Account Type: Instant access savings
  • Term: Instant access
  • Balance Limits: No limit

radicant Savings CH radicant CH

1.20% AER

  • Interest Rate: 1.20% p.a.
  • Account Type: App savings (sustainable)
  • Term: Instant access
  • Balance Limits: Up to CHF 100,000

PostFinance Savings CH PostFinance CH

1.25% AER

  • Interest Rate: 1.25% p.a.
  • Account Type: Instant access savings
  • Term: Instant access
  • Balance Limits: Up to CHF 500,000

neon Savings neon

1.30% AER

  • Interest Rate: 1.30% p.a.
  • Account Type: Neo-bank savings
  • Term: Instant access
  • Balance Limits: See neon-free.ch

radicant Savings radicant CH

1.50% AER

  • Interest Rate: 1.50% p.a.
  • Account Type: Neo-bank savings
  • Term: Instant access
  • Balance Limits: See radicant.com

Yuh Savings CH Yuh CH

1.50% AER

  • Interest Rate: 1.50% p.a.
  • Account Type: App savings
  • Term: Instant access
  • Balance Limits: Up to CHF 100,000

Yuh Savings Yuh CH

1.55% AER

  • Interest Rate: 1.55% p.a.
  • Account Type: Neo-bank savings
  • Term: Instant access
  • Balance Limits: See yuh.com

Bank Cler Savings CH Bank Cler CH

1.80% AER

  • Interest Rate: 1.80% p.a.
  • Account Type: Easy access
  • Term: Instant
  • Balance Limits: Up to CHF 250,000

Swissquote Savings CH Swissquote CH

2% AER

  • Interest Rate: 2.00% p.a.
  • Account Type: Easy access
  • Term: Instant
  • Balance Limits: Up to CHF 100,000

Hypothekarbank Lenzburg Festgeld CH Hypothekarbank Lenzburg CH

2.10% AER

Hypothekarbank Lenzburg Festgeld CH is a savings accounts offer from Hypothekarbank Lenzburg CH. Key details — Interest Rate: 2.10% p.a. (12-month fixed); Account Type: Fixed-term deposit; Term: 12 months; Balance Limits: CHF 5,000-500,000.

  • Interest Rate: 2.10% p.a. (12-month fixed)
  • Account Type: Fixed-term deposit
  • Term: 12 months
  • Balance Limits: CHF 5,000-500,000

HBL Open Savings CH Hypothekarbank Lenzburg CH

2.20% AER

  • Interest Rate: 2.20% p.a.
  • Account Type: Easy access
  • Term: Instant
  • Balance Limits: Up to CHF 100,000

Swiss Life Savings Plan CH Swiss Life CH

2.50% AER

  • Interest Rate: 2.50% p.a.
  • Account Type: Notice account
  • Term: 6-month notice
  • Balance Limits: Up to CHF 500,000

bunq Savings CH bunq CH

3.01% AER

  • Interest Rate: 3.01% p.a.
  • Account Type: Easy access
  • Term: Instant
  • Balance Limits: Up to CHF 100,000

Interactive Brokers Cash CH Interactive Brokers CH

3.83% AER

  • Interest Rate: 3.83% p.a. on CHF cash
  • Account Type: Brokerage cash interest
  • Term: Instant access
  • Balance Limits: Up to USD 250,000 covered

15.90 CHF Yuh CH

CHF14.09 /month

  • Provider: Yuh CH

Yuh&Me , the free Swiss joint-account Yuh CH

CHF26.08 /month

  • Provider: Yuh CH

1’750 CHF Yuh CH

CHF26.08 /month

  • Provider: Yuh CH

What is a savings account in Switzerland?

A savings account (Sparkonto or compte d'épargne) holds cash you don't need day-to-day and pays interest, usually with some limit on free withdrawals. Swiss savers use them for emergency funds and short-term goals. After years of near-zero rates, competition has revived, and digital banks now advertise headline rates that can meaningfully exceed those of traditional institutions, making the account you choose genuinely matter.

How the Swiss market works

Rates are set by each bank in response to the market and Swiss National Bank policy. Cantonal banks like ZKB and BCV, cooperative Raiffeisen and PostFinance offer stable, branch-backed accounts, while digital brands such as radicant, Yuh and Hypothekarbank Lenzburg's online offers compete on rate. Many savings accounts limit penalty-free withdrawals per year or require notice for larger sums, so the headline rate is only part of the picture. Some of the most eye-catching rates are introductory offers that revert after a set period, or apply only to balances up to a cap or to newly deposited money. Youth and retirement savings accounts sometimes carry preferential rates. Because rates are variable, banks can adjust them as Swiss National Bank policy shifts, so a market-leading account today may not lead next year. Interest is credited annually and taxed at source, which means the real, after-tax return is what ultimately distinguishes one account from another.

Benefits

Capital security — Balances are covered by depositor protection up to CHF 100,000.

Earns interest — Beat a current account, with top rates well above the market floor.

Liquidity — Access funds far more easily than fixed deposits or investments.

Digital convenience — App-based banks let you open and manage accounts in minutes.

How to choose

Look past the headline rate — this market ranges from around 0.5% to 3.83% — to the conditions: many top rates apply only up to a balance cap, to new money, or for a limited period. Check withdrawal limits and notice requirements, whether the rate is variable, and any bonus-rate expiry. Remember Swiss interest is subject to 35% withholding tax, reclaimable via your tax return, so compare on a like-for-like basis.

Leading providers in Switzerland

ZKB, BCV, Raiffeisen and PostFinance offer dependable savings with branch support and cantonal backing. Digital challengers radicant and Yuh, along with Hypothekarbank Lenzburg and Bank Cler, often lead on rate. Which is best depends on your balance size and how the rate caps and withdrawal rules interact with your saving habits, so read the fine print alongside the percentage.

What it costs

Savings accounts are typically free to hold, so the economics run the other way — you earn interest from roughly 0.5% up to about 3.83% on the most competitive offers. The effective return depends on balance caps, promotional periods and the 35% federal withholding tax deducted at source, which you reclaim through your tax filing. There may be fees for exceeding withdrawal limits.

Protections and regulation

Banks are supervised by FINMA, and deposits qualify for esisuisse protection up to CHF 100,000 per client per bank. Interest income is subject to the 35% federal withholding tax (Verrechnungssteuer), which Swiss-resident taxpayers reclaim by declaring the account. Terms, including any rate changes, must be disclosed, and variable rates can move with market conditions.

Common questions

Is my money safe? Yes, up to CHF 100,000 per client per bank under esisuisse.

Why is my interest reduced? 35% withholding tax is deducted at source; residents reclaim it via their tax return.

Can I withdraw anytime? Usually, but many accounts cap free withdrawals or require notice for large sums, and exceeding the limit can trigger a fee.

Savings Accounts in Switzerland — FAQ

What is the highest savings rate in Switzerland right now?

Giraffy tracks 23 savings accounts across 16 providers in Switzerland. Sort by highest rate and filter by account type (easy access vs. fixed) to find the best deal for your timeline.

Is my money safe in a savings account?

Yes — esisuisse protects up to CHF 100,000 per depositor, per bank. Always confirm your institution is FINMA-regulated before depositing. If your balance exceeds the protection limit, spread funds across multiple separately-licensed banks.

What does p.a. mean on a savings account?

p.a. (per annum) is the standardised rate that accounts for how often interest is compounded over a year. It's the fairest number to compare across accounts — always compare like-for-like using p.a. rather than the gross or monthly rate.

What is the difference between easy access and fixed-rate savings?

Easy access accounts let you withdraw your money at any time — rates are variable and may change. Fixed-rate bonds or term deposits lock your money away for a set period (usually 1–5 years) at a guaranteed rate, which is typically higher. Choose fixed if you don't need the funds before the term ends.

Do I pay tax on savings interest?

Tax on savings interest varies by country and income level. Check your country's tax authority guidance or speak to a financial adviser if your interest income is significant.

Can I open multiple savings accounts at different banks?

Yes — and it can be a smart strategy. Spreading savings across banks maximises your deposit protection (CHF 100,000 under esisuisse per institution) and lets you earn the best rate at each bank. Just keep track of all accounts to avoid losing money to dormancy fees.

How quickly can I access my money in an easy access savings account?

Most easy access accounts transfer funds to a linked current account within one working day, and many process withdrawals the same day. Some accounts restrict the number of free withdrawals per month — check the terms before you open one if flexibility matters to you.