Our Take on Kontomat Savings Account 6 months
Same bank, same platform, half the notice period. But the rate drops too.
The Kontomat Savings Account 6 months ranks #10 among Switzerland's 31 savings accounts. It's the shorter-notice sibling of Kontomat's 12-month product, trading a slightly lower rate for faster access to your money. If 12 months feels too long to wait, this is the middle ground.
Is the Interest Rate Competitive?
At 0.10% per year, this is average for the Swiss market. It matches what Bank Cler and Clientis offer on standard savings, but with a key difference: no tiers. The rate applies uniformly up to the CHF 2,000,000 maximum deposit. On CHF 100,000, that's CHF 100 per year.
Compared to Kontomat's own 12-month account at 0.15%, you're giving up CHF 50 per CHF 100,000 for the convenience of a shorter notice period. Whether that trade-off makes sense depends on your liquidity needs.
What Actually Stands Out
The 6-month notice period strikes a balance. It's shorter than the 12-month version but still longer than the 3-month standard at most Swiss banks. The flat rate with no tiers is the same advantage as the 12-month product.
Up to three accounts per customer on Kontomat, so you could split between the 6-month and 12-month products. Put money you might need sooner in the 6-month account and longer-term funds in the 12-month. That's a practical laddering strategy.
What Most Reviews Miss
Same CHF 10,000 annual withdrawal limit as the 12-month version. The shorter notice period doesn't mean more flexibility on the amount. You still can't pull more than CHF 10,000 in a year, which is quite restrictive.
No payment services, no mobile banking, no debit card. Just like its sibling product, this is purely a savings vehicle. The main question is whether 0.10% with a 6-month notice justifies the restrictions when other banks offer the same rate with a 3-month notice.
The Bottom Line
The Kontomat 6-month account is for savers who want the flat-rate, high-cap structure but can't stomach a full year's notice. The rate is average, the withdrawal limit is tight, but the simplicity is appealing. Check the alternatives in our best savings accounts in Switzerland comparison.
Verdict: Middle-ground option between liquidity and commitment. The withdrawal limit is the real constraint.
Pros
- No annual fees
- No minimum deposit required
Cons
- Low interest rate
- Withdrawal limit of CHF 10,000 per year
- Age restriction: For individuals from the age of 18.
Account Details
At a Glance
Account Mgmt
No fee
Interest Rate
0.10%
Debit Card Fee
—
Currency
CHF
Minimum Deposit
CHF 0
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
From age 18
Withdrawal Terms
Withdrawal Terms
Withdrawal Limit
CHF 10'000 / year
Account Closure
Free of charge
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
Frequently Asked Questions
- How does the 6-month version compare to the 12-month?
- Same CHF 10,000 annual no-notice limit, but only 6 months' notice for higher amounts versus 12 months on the sibling. You give up 0.05% in headline rate (0.10% vs 0.15%) for double the withdrawal flexibility. Worth it if your horizon is short.
- What's the maximum I can park here?
- CHF 2,000,000 per account, max 3 accounts per customer. Combine if you need more than CHF 6M. The cap is uncommon at the retail level, where most Swiss banks have no upper ceiling, but Kontomat operates an online-only model with stricter limits.
How We Rated This Account
Wondering why Kontomat Savings Account 6 months 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 Kontomat Savings Account 6 months today and start enjoying its benefits.