Yuh Review 2026: Fees, TWINT and Yuh vs Neon
Is Yuh a good everyday account in Switzerland? For payments in francs, yes: the account and debit card cost nothing, TWINT runs through a dedicated app, and one cash withdrawal per week in Switzerland is free. The catch is abroad. Every currency exchange costs 0.95%, which is clearly more than Neon Free or Alpian charge.
In this review, we’ll look at Yuh’s fees, opening an account, TWINT, investing and pillar 3a, who is behind Yuh and how safe your money is.
In short:
- Free account with TWINT: Unlike Neon and Alpian, Yuh has its own TWINT app that debits your account directly. Account and card cost CHF 0.
- Paying abroad: At 0.95%, Yuh is more expensive than Neon Free (0.35%) or Alpian (0.2% on weekdays).
- Investing in one app: Shares, ETFs and crypto from small amounts. For larger portfolios, compare costs first.
- For couples and teenagers: The Yuh&Me joint account and the Yuh 14+ teen account have no account fee either.
Overview: Yuh fees in 2026
Conditions are for adult accounts.
| Service | Yuh |
|---|---|
| Account fee | Free, including the Yuh&Me joint account |
| Debit Mastercard (physical and virtual) | Free, replacement card CHF 20 |
| Card payment in a foreign currency | 0.95% FX markup, unless you hold enough of that currency |
| Multi-currency account | 13 currencies, each exchange costs 0.95% |
| Cash in Switzerland | 1 withdrawal per calendar week free, then CHF 1.90 |
| Cash abroad | CHF 4.90 per withdrawal, plus 0.95% if converted |
| Cash deposits | At a post office counter with a QR bill; Swiss Post may charge a fee |
| Transfers within Switzerland and Liechtenstein, SEPA in euros | Free |
| TWINT | Own Yuh TWINT app, payments free |
| Savings projects | Free, no interest |
| Shares and ETFs | 0.50% brokerage up to CHF 10,000, minimum CHF 1, free custody |
| Crypto | 1% per purchase and sale |
| Pillar 3a | 0.50% per year, product costs included |
| Pocket Insurance | Included, with narrow conditions |
Yuh fees in detail: account, card and transfers
According to the price overview, the account comes with a Swiss IBAN and no account fee, and the Yuh&Me joint account is free too. You get a Debit Mastercard, physical and virtual, both free. Apple Pay, Google Pay and Samsung Pay are supported. A replacement card costs CHF 20.
Transfers within Switzerland and Liechtenstein are free in all 13 currencies, and so are SEPA transfers in euros. Sending another currency to a SEPA country costs CHF 4, and intermediary banks may deduct extra fees. Yuh transfers to SEPA and IBAN countries. Incoming transfers are free on Yuh’s side.
For everyday Swiss banking: eBill is free and standing orders work. Direct debits (LSV) aren’t supported. You can scan QR bills in the app or upload them as a photo or file, and the payment is prepared automatically.
Opening a Yuh account: requirements and steps
You open the account entirely in the app, which takes a few minutes.
- Download the app: The Yuh app is available in English, German, French and Italian.
- Enter your details and verify your identity: You need an ID card or passport. Yuh suggests having a bill such as a utility bill ready as proof of address.
- Make your first deposit: It must come from an account in your own name. If you deposit at least CHF 500 in one go, you get 250 Swissqoins (more on those below).
The requirements:
- Age: The standard account is for ages 18 and over. Between 14 and 17, you open the Yuh 14+ teen account.
- Residence: Switzerland, Liechtenstein or Austria.
- Residence permit: Foreign nationals living in Switzerland need one.
- Austria and Liechtenstein: A bill isn’t enough as proof of address there. You need official proof of residence, and the first deposit is EUR 500 from an account in your country of residence.
Yuh&Me and Yuh 14+: joint and teen accounts
Yuh&Me is a joint account for two people with its own Swiss IBAN and no monthly fee. Both of you keep your personal Yuh accounts. Each of you gets a free virtual Mastercard and can order a physical one, so up to four cards in total. To open it, you both need to be 18 or over, live in Switzerland and already have an active Yuh account. Joint investing isn’t available. As a rule, either of you can operate and close the account alone, though the bank can require joint instructions. You’re jointly and severally liable for debts, so the bank can claim the full amount from either of you.
Yuh 14+ is for teenagers aged 14 to 17 who live in Switzerland. The account and cards are free, and the Yuh TWINT app works before 18. One cash withdrawal per week in Switzerland is free, then it’s CHF 1.90, or CHF 4.90 abroad. Withdrawals are capped at 200 per day and 2,000 per month in the account’s main currency. The account can’t go into the red. No parental signature is needed, but the bank may inform parents about the account and its transactions.
Card payments in foreign currencies have no FX markup up to CHF 5,000 per month. Above that, 0.95% applies to the total amount spent. At 18, the teen account automatically becomes a standard account with adult fees.
Who is behind Yuh? Swissquote, PostFinance and deposit protection
Yuh launched on 11 May 2021 as a 50/50 joint venture between Swissquote and PostFinance. Swissquote acquired PostFinance’s stake on 4 July 2025, so Yuh is now wholly owned by Swissquote.
Yuh was already profitable on a standalone basis in 2024. At 30 June 2026, Yuh had 423,409 accounts and CHF 4.0 billion in client assets. That counts accounts, not necessarily individual customers.
Yuh doesn’t hold a banking licence itself. Your money sits with Swissquote Bank SA, a FINMA-authorised bank, according to esisuisse. Swiss deposit protection therefore applies: deposits are covered up to CHF 100,000 per client and bank.
If you also have a Swissquote account, note that the CHF 100,000 limit is shared, because it’s the same bank. Securities aren’t deposits: they remain your property if the bank fails. Crypto isn’t covered by deposit protection.
App and security: login, card and data
For your first login on a new device and for sensitive actions, you need your Yuh Key: a code of at least six digits that isn’t your card PIN. Once the device is linked, you can unlock the app with your fingerprint or face. You get a push notification after every transaction.
You can lock and unlock your card in the app. You request a change to its monthly limit there too. Account statements and tax documents are under Account → Documents. You can export your account activity as a CSV file, up to 18 months per file.
Yuh hosts client and transaction data in Switzerland. Some service providers have access from abroad, though, and trade surveillance data is hosted in Ireland.
Yuh and TWINT: a dedicated app instead of prepaid
This is where Yuh stands out from Neon and Alpian. There’s a dedicated Yuh TWINT app. It debits your Yuh account directly, so there’s no prepaid balance to top up. Regular TWINT payments and transfers are free.
You need to live in Switzerland and have a Swiss phone number.
Neon and Alpian only offer TWINT Prepaid, where you first move money into a TWINT balance. If you pay with TWINT a lot, that’s a real advantage for Yuh.
Yuh exchange rate: 0.95% and 13 currencies
The multi-currency account holds 13 currencies, including CHF, EUR, USD, GBP and JPY. Every exchange costs 0.95%. The markup is included in the displayed rate, and Yuh says it’s calculated on the interbank rate.
For card payments:
- Enough balance in the currency: Yuh debits that balance, without a further exchange fee.
- Not enough balance: Yuh converts automatically from your most-funded currency, at 0.95%.
- Currency outside the 13: 0.95% on the Mastercard reference rate.
So the multi-currency account mainly helps if you receive foreign currency, for example a salary in euros. If you convert francs to euros in advance, you pay the 0.95% at that point.
Cash: one free withdrawal per week, deposits at the post office
There’s one free cash withdrawal per calendar week in Switzerland, counted from Monday. Each additional withdrawal costs CHF 1.90. Abroad, you pay CHF 4.90 per withdrawal, plus the 0.95% if a conversion is needed. Limits are 1,000 per day and 10,000 per month in your account’s main currency.
For everyday use in Switzerland, that’s more generous than Neon Free, where every withdrawal costs CHF 2.50. Abroad, the flat CHF 4.90 is expensive for small amounts.
You can deposit cash at the post office: create a QR bill for your Yuh account with PostFinance’s QR generator and pay it in at a post office counter. You’ll find the instructions in the app when you add funds. The money usually arrives within 1–3 days, and Swiss Post may charge a fee.
Investing with Yuh: shares, ETFs and crypto
Yuh advertises more than 250 shares, over 70 ETFs and 50 crypto tokens. You can buy fractions and invest regularly from CHF 10 per month. Besides market orders, you can place limit and stop-loss orders. A triggered stop-loss becomes a market order, so the price isn’t guaranteed.
| Order size | Brokerage fee |
|---|---|
| up to CHF 10,000 | 0.50% |
| CHF 10,000.01–20,000 | 0.35% |
| over CHF 20,000 | 0.25% |
The minimum fee is CHF 1 and custody is free. The rate applies to the whole order, not in slices. Depending on the security, Swiss federal stamp duty applies on top, and ETFs have ongoing fund costs. If you buy a share in a currency you don’t hold, Yuh converts automatically and charges the 0.95% on top of the brokerage fee. Crypto costs 1% per purchase and sale.
Recurring purchases in ETF savings plans have no brokerage fee for 31 products. The list includes ETPs as well. The savings plan must run at least twice in a row; otherwise, normal brokerage applies. Sales cost the usual brokerage, and stamp duty, product costs and currency exchange may still apply.
Be careful with “themes”: they’re certificates, which makes them structured products. Product costs come on top of brokerage. For the “Swiss Bliss” theme, there’s a 0.85% management fee and 0.10% for rebalancing. A broad ETF is usually the simpler choice.
One thing to know before you start: you can’t transfer securities or crypto into or out of Yuh. If you want to move to another broker later, you have to sell.
Example: what a share purchase costs with Yuh
Say you buy individually (not in a savings plan), your balance is in francs, and you hold no dollars. Stamp duty on a purchase is 0.075% for Swiss and 0.15% for foreign securities. Exemptions are possible, and fund costs aren’t included.
| Purchase | Brokerage | FX 0.95% | Stamp duty | Total |
|---|---|---|---|---|
| Swiss share for CHF 1,000 | CHF 5.00 | – | CHF 0.75 | CHF 5.75 |
| US share worth CHF 1,000 | CHF 5.00 | CHF 9.50 | CHF 1.50 | CHF 16.00 |
| Swiss share for CHF 15,000 | CHF 52.50 | – | CHF 11.25 | CHF 63.75 |
For the US share, the currency exchange costs almost twice as much as the brokerage. If you invest in dollars regularly, compare costs with a traditional broker.
Yuh or Swissquote?
Swissquote is the bank behind Yuh and a full broker. It charges CHF 5 in brokerage for a Swiss share worth CHF 1,000, plus a CHF 0.85 fee. For CHF 10,000, it’s CHF 29 plus CHF 0.85. With Yuh, CHF 10,000 costs CHF 50. Swissquote, however, charges a custody fee: CHF 20 per quarter plus 8.1% VAT for assets up to CHF 50,000 (excluding cash, including crypto), so CHF 86.48 per year. Both charge 0.95% to exchange major currencies.
If you buy rarely and in small amounts, Yuh is cheaper because it has no custody fee. For large orders and a wide choice, Swissquote makes more sense: it advertises over 9,000 ETFs and ETNs. I compare more brokers in my broker comparison.
Swissqoins: what the rewards are worth
Yuh rewards certain actions with Swissqoins (SWQ). For example, you get 250 SWQ for a first deposit of at least CHF 500 in one go, 5 SWQ per trade (up to 50 per day) and 0.5 SWQ per card payment of at least CHF 1 (up to 10 per day). You can sell them for cash in the app or gift them to other Yuh users.
What are they worth? Yuh shows a redemption value of CHF 0.02122296 per SWQ. That makes the 250 SWQ for your first deposit worth about CHF 5.31. The value is the reserve divided by all outstanding SWQ, not a freely traded price.
The reserve is regularly funded once a year, with the amount at the issuer’s discretion. There’s no obligation to contribute. Treat SWQ as a small bonus, not a reason to open an account.
Pillar 3a with Yuh
With Yuh 3a, your pension savings are invested through the Simply 3a Foundation. The fee is 0.50% per year, charged quarterly. According to Yuh, it includes fund costs (TER), custody, currency exchange, administration and transactions. In exceptional cases, the foundation can charge additional fees. There’s no minimum, and money is invested from CHF 10.
There are five strategies: four with 20% to 80% equities and “Fiery” with the highest equity share. You can open a 3a account from age 18. Neon 3a costs between 0.45% and 0.38% per year, depending on your balance. To see how specialised 3a providers perform, read my pillar 3a provider comparison.
Pocket Insurance: included, but with narrow conditions
Every Yuh account includes Pocket Insurance from Europ Assistance (Suisse) Assurances SA at no extra cost, including Yuh 14+ and both holders of a Yuh&Me account. The conditions are narrower than the name suggests:
- Gadgets such as phones or tablets: up to CHF 1,000 per claim, at most two claims per year. The device must be paid for in full with your Yuh card and be no more than 36 months old.
- Gadgets only while travelling: Drops, moisture, power surges, extreme temperatures and theft are covered during a private trip. A trip lasts up to 90 days and includes at least one night away or a return trip to somewhere more than 30 km from home.
- Depreciation: Compensation falls with the device’s age, by 3.3% per month in the first year and then 2.3% per month up to month 36.
- Not covered for gadgets: loss, damage at home, wear and tear, scratches and cases covered by the manufacturer’s warranty.
- Keys and items you carry, such as ID documents, cards or glasses, are covered with their own limits, including loss. Cash isn’t covered, and you don’t need to have paid with your Yuh card.
Treat Pocket Insurance as a travel extra, not a replacement for gadget insurance.
Advantages of Yuh
- No account fee, a free debit card and a free joint account.
- Its own TWINT app that debits your account directly.
- One free withdrawal per week at Swiss ATMs.
- Multi-currency account with 13 currencies, useful if you earn in euros or dollars.
- Investing from small amounts, with fractions, limit orders and no custody fee.
- A Swiss bank behind it: deposits at Swissquote are protected up to CHF 100,000.
Disadvantages of Yuh
Expensive for foreign currencies: 0.95% on every exchange is high compared with other Swiss neobanks. If you often pay abroad and need to convert francs, Neon Free or Alpian will be cheaper. For other cards that work well abroad, see my comparison of Swiss credit cards without foreign transaction fees.
Cash abroad: CHF 4.90 per withdrawal plus the FX markup. For CHF 100 in euros, that’s over 5%.
No LSV: Yuh doesn’t support direct debits, and transfers go to SEPA and IBAN countries. That’s why Yuh doesn’t work as the only main account for everyone.
No transfers of securities or crypto: You’re tied to Yuh until you sell.
Shared deposit protection with Swissquote: If you have money at both, the CHF 100,000 limit applies only once.
No interest: Yuh pays 0% on savings projects.
Fee for dormant accounts: If Yuh loses contact with you, it charges CHF 150 per year per account on the assets, plus VAT. So keep your contact details up to date.
Support is available by chat, message and phone, Monday to Friday from 08:00 to 19:00. For suspected fraud, the hotline is available around the clock.
Yuh vs Neon: which free account fits?
Both are Swiss accounts run through an app. Here’s how Yuh compares with the free plan Neon Free:
| Yuh | Neon Free | |
|---|---|---|
| Account fee | Free | Free |
| First card | Free | CHF 20 |
| Markup on foreign-currency card payments | 0.95% | 0.35% on the Mastercard rate |
| Cash in Switzerland | 1 withdrawal per week free, then CHF 1.90 | CHF 2.50 per withdrawal |
| Cash abroad | CHF 4.90 plus 0.95% if converted | 1.5% |
| TWINT | Own app, debits the account directly | TWINT Prepaid |
| Shares and ETFs | 0.50% up to CHF 10,000 | 0.5% for Swiss shares and ETFs, 1% for international shares |
| Pillar 3a | 0.50% | 0.45–0.38% |
| Bank holding the deposits | Swissquote Bank | Hypothekarbank Lenzburg |
For cash abroad, Neon also adds its 0.35% markup when currency is converted. The Neon figures come from its plan overview.
In short: Yuh wins on TWINT, cash in Switzerland and the free card. Neon is clearly cheaper abroad and slightly cheaper for pillar 3a. For everything about Neon and its paid plans, see my Neon review.
Yuh vs Alpian, Zak and Revolut
Alpian charges no account fee, and card payments from a balance in the same currency have no exchange markup. If a conversion between its account currencies CHF, EUR, USD and GBP is needed, it costs 0.2% on weekdays and 0.5% at weekends. Card payments in other currencies use the Visa rate. TWINT is prepaid only. More in my Alpian review.
Zak from Bank Cler is free in its basic version, while Zak Plus costs CHF 8 per month. Like Yuh, TWINT is linked directly to the account. Abroad, though, Zak is even more expensive than Yuh: the Zak Visa Debit adds 2% to the Visa rate. Withdrawing francs at Bank Cler ATMs is free; at other Swiss ATMs, each withdrawal costs CHF 2 on the free plan. For more free accounts, see my comparison of free Swiss bank accounts.
Revolut Standard has no monthly fee. On weekdays, you can exchange up to CHF 1,250 per month without an extra fee. Beyond that, 1% applies, and at weekends (Friday 17:00 to Sunday 18:00 New York time) there’s a separate 1% fee. Conversions use Revolut’s own rate. Revolut applied for a Swiss banking licence on 16 September 2026, but it doesn’t have one yet. Swiss deposit protection therefore doesn’t apply, and TWINT integration is only a possible future project.
Example: spending CHF 1,000 abroad by card
Say you spend money in euros on a trip, worth CHF 1,000 before any FX markup. You have an adult account, your balance is in francs with no euro balance, you pay on a weekday, in euros (no conversion by the terminal), and you haven’t used Revolut’s monthly allowance yet. Card and plan costs aren’t included.
| Card | Markup | Cost |
|---|---|---|
| Zak | 2% | CHF 20.00 |
| Yuh | 0.95% | CHF 9.50 |
| Neon Free | 0.35% | CHF 3.50 |
| Alpian | 0.2% | CHF 2.00 |
| Revolut Standard | 0% within the allowance | CHF 0.00 |
The table only shows the stated markups. The providers convert at different rates and times; Revolut, for example, uses its own rate. The final amount in francs for the same euro bill can therefore differ slightly. If you also withdraw euros worth CHF 100 once with Yuh, that’s CHF 4.90 plus CHF 0.95 FX markup, CHF 5.85 in total.
Conclusion: who is Yuh for?
Yuh is a solid free account for everyday life in Switzerland, mainly thanks to its own TWINT app and the free weekly cash withdrawal. Its weakness is the 0.95% on every currency exchange. As a travel card, there are better options.
- You pay with TWINT a lot and want a free account: Yuh. The TWINT app debits your account directly, with no prepaid detour.
- You want a shared account as a couple: Yuh&Me is free and has its own IBAN. You each need your own Yuh account first.
- You often pay in foreign currencies and convert francs to do so: Neon Free or Alpian. Yuh can still serve as your everyday TWINT account.
- You want to start investing in shares and ETFs with small amounts: Yuh works well with fractions and ETF savings plans. For larger amounts and purchases in dollars, compare it with a traditional broker.
- You need a main account with LSV: Yuh doesn’t support direct debits. In that case, I recommend Yuh as a second account next to a traditional bank.