Bank Cler Savings Account
Bank Cler
Overall Rating
Account Mgmt
No fee
Interest Rate
0.05%
Currency
CHF
Our Take on 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.
Pros
- No annual fees
- No minimum deposit required
Cons
- Low interest rate
- Withdrawal limit of CHF 100,000 per year
- 3-month notice period for withdrawals
- Age restriction: From age 20
Account Details
At a Glance
Account Mgmt
No fee
Interest Rate
0.05%
Debit Card Fee
—
Currency
CHF
Fees & Costs
Fees & Costs
Account Opening Fee
No fee
Account Mgmt
No fee
Debit Card Fee
—
Banking Features
Banking Features
Mobile Banking
Not available
Online Banking
Not available
Key Features
- Free account management
- No annual fee for debit card
- High interest rate of 0.05%
- Low minimum deposit requirement
Age Requirement
From age 20
Withdrawal Terms
Withdrawal Terms
Withdrawal Limit
CHF 100'000 / year
Notice Period
3 month
Account Closure
Contact bank for details
Additional Information
Additional Information
- Not suitable for payment services
Calculate Your Interest Earnings
See how much your deposit could earn with this account's 0.05% interest rate.
After 1 year
+CHF 25
Total Value: CHF 50'025
After 3 years
+CHF 75
Total Value: CHF 50'075
After 5 years
+CHF 125
Total Value: CHF 50'125
Rating by Category
Compare to Similar Accounts
Frequently Asked Questions
- Why is the tier threshold CHF 500,000 instead of CHF 100,000?
- 0.05% applies up to CHF 500,000; 0% above. Most Swiss savings drop to zero at CHF 100,000. Cler's threshold is unusually high, so larger balances keep earning the tier-1 rate. Useful if you're parking CHF 200,000 plus as a temporary holding before investing.
- How does this differ from the Cler Savings Account Plus?
- Standard: simple 0.05% tier, CHF 100,000/yr withdrawals. Plus: 0.7% bonus mechanics tied to new money, CHF 50,000/yr withdrawals. Plus pays more if you're a steady saver; standard is cleaner if you want predictable behavior on existing balances.
- How much more liquidity does the standard Bank Cler Savings give you versus the Plus?
- CHF 100,000 per year without notice; 3 months' notice for higher. Generous compared to peers stuck at CHF 20,000 to CHF 50,000. Property deposits and renovation invoices usually fit inside the limit, which is the practical advantage over the Plus version.
How We Rated This Account
Wondering why Bank Cler Savings Account got its score? We rate Savings Accounts accounts using a weighted formula. Here's what counts.
Same formula for every account in this category. No exceptions.
Ready to Open?
Open the Bank Cler Savings Account today and start enjoying its benefits.