Swiss savings interest rates 2026: bank rates compared

Updated: November 6, 2026

How much interest do Swiss banks pay on a savings account? The table lists 24 savings accounts you can open as a new customer, sorted by rate. All rates are for Swiss francs, per year. Where the rate includes a bonus, the brackets show what’s left without it.

On a regular savings account, UBS and the cantonal banks pay 0.05% or less, PostFinance nothing. Anything more almost always comes with conditions: a bonus on new money, tight withdrawal limits or a long notice period.

In short:

• Highest rate without a bonus in the table: Cembra Savings Account Plus at 0.60%. In return you can only withdraw CHF 20,000 every 180 days without notice.
• Highest rate with a bonus in the table: Bank Cler Sparkonto Plus at 0.70% in the first year, but only on new money and only as long as you withdraw no more than CHF 20,000 per bonus period.
• No withdrawal limit: the wiLLBe overnight account at 0.10% up to CHF 150,000. Alpian pays 0.01%, or 0.10% above CHF 125,000. With both you can access your full balance at any time.
• UBS and PostFinance: UBS pays 0.05% up to CHF 50,000, PostFinance 0%.

How to read the table

• Bonus rate: part of the rate only applies to new money, for a limited time, or as long as you withdraw little. After that, the rate in brackets is what remains.
• Interest cap: many banks only pay interest up to a set amount, such as CHF 50,000 or CHF 100,000. Above it you get less or nothing.
• Withdrawal limit: how much you can take out without giving notice. For more, you have to give notice and wait. If the bank lets you withdraw immediately, most charge 2% on the amount above the limit. At UBS and CIC it’s 0.5%, at Swissquote and PostFinance 1%.
• Fees: most savings accounts have no account fee. The exceptions are CIC with a CHF 25 quarterly client relationship fee, the BEKB Anlagesparkonto at CHF 4 a year, and PostFinance, where you only get a savings account with a bank package.

Which Swiss bank pays the highest interest?

Without a bonus, the Cembra Savings Account Plus pays the most in the table at 0.60%. You earn it from the first franc and there’s no maximum balance. The catch is the withdrawal limit: CHF 20,000 every 180 days, with six months’ notice for anything more.

Bank Cler, Bank Avera and Bank WIR pay similar or higher rates, but only on new money. At Avera and WIR the account becomes a savings account currently paying 0.05% when the offer ends. At Cler the 0.10% base rate stays, and the bonus then only applies to new money. Check before the offer ends whether switching pays off.

On a regular savings account, UBS and the cantonal banks pay 0.05% or less, often only up to CHF 25,000 or CHF 50,000. That’s convenient for an emergency fund, but for larger amounts it pays to compare. Which accounts we recommend for which purpose is covered in our savings account comparison.

How much does the interest add up to in francs?

On CHF 10,000, a 0.60% rate earns CHF 60 a year. At 0.05% it’s CHF 5. The gap grows with the balance: on CHF 50,000 it’s CHF 300 against CHF 25 a year. Watch the interest cap: UBS pays nothing above CHF 50,000, and ZKB nothing above CHF 25,000. To see how your savings grow with compound interest over several years, use the compound interest calculator.

Is my money safe in a Swiss savings account?

At banks with a Swiss licence, esisuisse deposit protection covers balances up to CHF 100,000 per customer and bank. The limit applies to all your accounts at that bank together, not per account. Zak belongs to Bank Cler, Yuh balances are held at Swissquote and Neon balances at Hypothekarbank Lenzburg. They count together with your other balances at that bank.

On top of that, most cantonal banks are backed by a cantonal state guarantee. In this table, that applies to the cantonal banks of Zurich, Lucerne, Basel-Stadt, Basel-Landschaft, St. Gallen, Aargau and Thurgau. Berner Kantonalbank and PostFinance have no state guarantee. wiLLBe belongs to Liechtensteinische Landesbank, so Liechtenstein’s deposit protection applies, up to CHF 100,000.

Interest and withholding tax

If the interest on a Swiss savings account exceeds CHF 200 in a calendar year, the bank deducts 35% withholding tax. It’s a threshold, not an allowance: at CHF 201 of interest, the tax applies to the whole amount. The threshold only applies to accounts where the bank credits interest once a year. Alpian, for example, credits interest monthly, so the tax is deducted from the first franc. If you live in Switzerland, you get it back when you declare the account and the interest in your tax return; see how to reclaim withholding tax. Below the threshold you still pay income tax on the interest.

What about Neon, Yuh and Revolut?

• Neon: no interest on Spaces.
• Yuh: 0% on savings projects in CHF, EUR and USD. More in our Yuh review.
• Revolut: no interest on the account. Its Flexible Cash Funds are available in EUR, USD and GBP, not in francs, and they are money market funds, not bank deposits.

Which accounts are in the table?

The table lists savings accounts in Swiss francs that private individuals in Switzerland can open today. Some banks have further conditions, such as a minimum age, a current account with the bank or, at Raiffeisen, living in the bank’s area. For each bank it usually shows the account with the highest rate that doesn’t require buying the bank’s shares. Cembra appears twice because its two accounts differ mainly in the withdrawal limit. Youth, senior, pillar 3a and vested benefits accounts are not included. Raiffeisen is represented by Raiffeisenbank Zürich, because each Raiffeisen bank sets its own rates.

The rates come from the banks’ own websites and rate lists. We check them regularly and update the table when a bank changes its rates.