Our Take on Clientis BS Bank Schaffhausen Savings Account
0.10% from another Schaffhausen regional bank. The rate is identical, but the fine print differs.
The Clientis BS Bank Schaffhausen Savings Account ranks #12 among Switzerland's 31 savings accounts. Another regional Clientis bank offering a standard savings product with similar terms to its Thayngen neighbor. The differences are subtle but worth understanding if you're choosing between local options.
Is the Interest Rate Competitive?
At 0.10% per year on balances up to CHF 100,000, the rate matches the Swiss market standard for basic savings. But above CHF 100,000, the rate drops to 0%, not 0.05% like the Thayngen Clientis. That's a meaningful difference for larger savers.
On CHF 50,000, you're earning CHF 50 per year. Perfectly average. On CHF 150,000, you earn CHF 100 (only the first CHF 100,000 generates any return). For large balances, this account offers diminishing value.
What Actually Stands Out
The monthly withdrawal limit of CHF 20,000 gives you up to CHF 240,000 in annual access, which is more flexible than many competitors with annual caps. The 3-month notice period is standard.
As part of the Clientis network, BS Bank Schaffhausen operates independently. Local decision-making means they can sometimes be more responsive than a big bank. Your deposits are covered by Swiss deposit insurance up to CHF 100,000.
What Most Reviews Miss
Account closing costs CHF 10 plus accumulated expenses. Most savings accounts don't charge for closing. It's a small amount, but it signals a less customer-friendly approach to account termination.
Age restriction: 26 to 59 years old. Even stricter than the Thayngen Clientis (which allows up to 60). The one-year difference seems arbitrary but it's there. Not suitable for payment services.
The Bottom Line
Nearly identical to its Thayngen counterpart, but with a harsher tier (0% above 100k vs. 0.05%) and a closing fee. Unless you specifically bank with BS Bank Schaffhausen, there's little reason to choose this over comparable options. Compare all options in our best savings accounts in Switzerland ranking.
Verdict: Purely a local choice. The rate and terms don't justify going out of your way.
Pros
- No annual fees
- No minimum deposit required
Cons
- Low interest rate
- Withdrawal limit of CHF 20,000 per month
- 3-month notice period for withdrawals
- Age restriction: For individuals between 26 and 59 years of age.
Account Details
At a Glance
Account Mgmt
No fee
Interest Rate
0.10%
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 0.10%
- Low minimum deposit requirement
Age Requirement
Age 26 to 59
Withdrawal Terms
Withdrawal Terms
Withdrawal Limit
CHF 20'000 / month
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 0.10% interest rate.
After 1 year
+CHF 50
Total Value: CHF 50'050
After 3 years
+CHF 150
Total Value: CHF 50'150
After 5 years
+CHF 251
Total Value: CHF 50'251
Rating by Category
Compare to Similar Accounts
Clientis Spar- und Leihkasse Thayngen Savings Account
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Frequently Asked Questions
- Why are eligibility ages 26 to 59?
- Open only to individuals aged 26 to 59. Younger and older customers route to other Clientis BS products. The bracket is tighter than the Thayngen sibling (26 to 60), so check both if you're at the borderline. Ineligible holders simply can't open here.
- What does account closure actually cost?
- CHF 10 plus accumulated costs, not a flat fee. The 'accumulated costs' clause means the final bill depends on activity and timing. Read the price sheet at your branch to size the worst-case figure.
- Is there a monthly ceiling on Bank Schaffhausen savings withdrawals?
- CHF 20,000 per month without notice; 3 months' notice for higher. Practical cap for everyday emergencies and routine large outflows. Up to about CHF 240,000 a year is accessible without scheduling six months ahead.
How We Rated This Account
Wondering why Clientis BS Bank Schaffhausen 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 Clientis BS Bank Schaffhausen Savings Account today and start enjoying its benefits.