Our Take on Clientis BS Bank Schaffhausen Savings Account Top
0.35% interest, but you can only deposit in CHF 5,000 blocks. Here's the full picture.
The Clientis BS Bank Schaffhausen Savings Account Top ranks #14 among Switzerland's 31 savings accounts. It's the premium savings product from this small Schaffhausen regional bank, offering a higher rate than the standard account in exchange for stricter conditions. The structure is unusual.
Is the Interest Rate Competitive?
At 0.35% per year on balances up to CHF 100,000, this is 7x what UBS offers. Above CHF 100,000, the rate drops to 0.15%, which is still better than most Swiss banks' standard tier. On CHF 100,000, you earn CHF 350 per year.
The minimum deposit is CHF 5,000, and deposits are only possible in CHF 5,000 tranches. That means you can't deposit CHF 3,000 or CHF 7,500. Only exact multiples of five thousand. It's an unusual structure that requires some planning.
What Actually Stands Out
No age restriction is the standout compared to the standard Clientis Schaffhausen account (limited to 26-59). Retirees and younger savers can access this product. The 0.15% rate above CHF 100,000 also compares favorably to the standard account's 0% above the same threshold.
This is an investment-style savings account with a minimum 1-year investment period. Your deposits at Clientis BS Bank Schaffhausen are covered by Swiss deposit insurance. Max one account per customer.
What Most Reviews Miss
Withdrawal limit of just CHF 5,000 with a 12-month notice period. That's the tightest withdrawal restriction among Schaffhausen-area savings accounts. If you park CHF 100,000 here, you can only access 5% of it per year, and you need to request it 12 months in advance.
Account closing costs CHF 10 plus accumulated expenses, same as the standard account. The deposit-in-tranches requirement means you can't just transfer an odd amount from another bank. You need exact CHF 5,000 multiples.
The Bottom Line
Higher rate, stricter rules. The 0.35% is attractive, but the CHF 5,000 withdrawal limit and 12-month notice make this among the most restrictive savings accounts in Switzerland. Only for money you truly won't need. Compare options in our best savings accounts in Switzerland guide.
Verdict: Good rate for patient savers. The extreme lockup makes it unsuitable for most people's needs.
Pros
- No annual fees
Cons
- Low interest rate
- Withdrawal limit of CHF 5,000 per month
- 12-month notice period for withdrawals
- Age restriction: There are no limitations.
Account Details
At a Glance
Account Mgmt
No fee
Interest Rate
0.35%
Debit Card Fee
—
Currency
CHF
Minimum Deposit
CHF 5'000
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 0.35%
Age Requirement
No age restrictions
Withdrawal Terms
Withdrawal Terms
Withdrawal Limit
CHF 5'000
Notice Period
12 month
Account Closure
Contact bank for details
Additional Information
Additional Information
- Not suitable for payment services
- Maximum 1 account(s) per customer
Calculate Your Interest Earnings
See how much your deposit could earn with this account's 0.35% interest rate.
After 1 year
+CHF 175
Total Value: CHF 50'175
After 3 years
+CHF 527
Total Value: CHF 50'527
After 5 years
+CHF 881
Total Value: CHF 50'881
Rating by Category
Compare to Similar Accounts
Frequently Asked Questions
- How is the Top different from the standard Clientis BS Savings?
- Top pays 0.35% up to CHF 100,000 (vs 0.1% on standard) but locks you in: CHF 5,000/yr withdrawal, 12 months' notice, 1-year minimum. Trade flexibility for rate. If your money won't move for at least 12 months, Top wins; otherwise stick with standard.
- Why must deposits be in CHF 5,000 tranches?
- Every deposit must be a multiple of CHF 5,000, with a CHF 5,000 floor. Casual top-ups don't fit; you can't add CHF 800 from a tax refund. Plan deposits around CHF 5,000, CHF 10,000, CHF 15,000 chunks.
- What happens if I need cash early?
- Only CHF 5,000 per year is freely withdrawable; anything more requires 12 months' notice, with a 1-year minimum investment period from the start. Treat this as a fixed-term commitment, not flexible savings. Emergency funds belong elsewhere.
How We Rated This Account
Wondering why Clientis BS Bank Schaffhausen Savings Account Top 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 Top today and start enjoying its benefits.