Bank Cler Savings Account

Bank Cler's standard savings: 0.05% on up to half a million. That's the generous part.

The Bank Cler Savings Account ranks #20 among Switzerland's 31 savings accounts. It's the basic savings offering from the same bank that tops our private account rankings. The rate is low, but the high interest-bearing ceiling of CHF 500,000 is unusual for the Swiss market.

Is the Interest Rate Competitive?

At 0.05% per year, this is bottom-tier for Swiss savings. On CHF 100,000, you earn CHF 50 annually. That's barely noticeable. Several competitors offer 2x to 20x this rate. It's the same rate PostFinance effectively offers, just with different packaging.

The one silver lining: the 0.05% applies on balances up to CHF 500,000. Most banks cap their interest-bearing threshold at CHF 100,000 to CHF 250,000. If you have CHF 500,000 in savings, you'd earn CHF 250 here versus CHF 0 at most banks above their caps.

What Actually Stands Out

The CHF 500,000 interest-bearing ceiling is the highest among standard savings accounts we've reviewed. For very high-balance savers, earning 0.05% on the full amount is better than the 0% most banks offer above CHF 100,000 or CHF 250,000.

Bank Cler is a subsidiary of Basler Kantonalbank. You get cantonal bank-level security in a savings product with generous withdrawal terms (CHF 100,000 per year). That's practical for savers who might need larger sums.

What Most Reviews Miss

The withdrawal limit is a generous CHF 100,000 per year with a 3-month notice period. That's among the highest annual withdrawal limits for any Swiss savings account. For savers who want both parking and access, this balance of terms is rare.

Age requirement: 20 years or older. Not suitable for payment services. No termination details are specified. Bank Cler also offers a Savings Account Plus with a 0.60% bonus, so make sure you're comparing the right product.

The Bottom Line

The rate is forgettable, but the CHF 500,000 ceiling and CHF 100,000 annual withdrawal limit make this a parking spot for large sums at a secure institution. For better rates, you'll sacrifice flexibility. See the full landscape in our best savings accounts in Switzerland ranking.

Verdict: Best for high-balance savers who prioritize cantonal bank security and generous withdrawal access over interest rates.