PostFinance Savings Account

Switzerland's postal bank offers 0% on savings. And you need a banking package to get it.

The PostFinance Savings Account ranks #31 (last) among Switzerland's 31 savings accounts. It's the bottom of our ranking, offering 0% interest and requiring an existing banking package. In a market with better free alternatives, this is a hard sell on its own merits.

What Does 0% Actually Mean?

Your savings earn nothing. Zero percent, zero return. On CHF 100,000 for a year, you get CHF 0. Meanwhile, the top savings accounts in Switzerland pay CHF 500 to CHF 1,000 on the same balance. The opportunity cost is significant.

Unlike Yuh's 0% savings (also zero), this one requires you to hold a Smart, Smart Plus, or SmartStudent banking package. Those packages aren't free (Smart starts around CHF 5/month). So you might be paying for the privilege of earning nothing.

What Actually Stands Out

PostFinance's massive infrastructure is the only real advantage. With over 2,000 ATMs and locations across Switzerland, plus a strong digital platform, it's accessible. If convenience and integration with your PostFinance banking package matter more than returns, the savings account exists.

Can be managed as an individual or partner account. Online statements are free. PostFinance is government-owned (Swiss Post), which some savers find reassuring. Your deposits are covered by a federal guarantee.

What Most Reviews Miss

You can't open this account standalone. It requires a Smart, Smart Plus, or SmartStudent package. If you're paying CHF 60+ per year for the Smart package, adding a 0% savings account to that cost makes the effective return negative.

Age requirement: 20 years or older. No withdrawal limits or notice periods are specified in the data, which could mean flexible access. But flexible access to zero-interest savings is like having a fast lane to nowhere.

The Bottom Line

Last place in our ranking for a reason. The 0% rate, package requirement, and the existence of better free alternatives make this account hard to recommend. If you already have a PostFinance package, it's a free add-on. Otherwise, don't bother. Find something that actually grows your savings using our find the best bank account for your needs tool.

Verdict: Dead last. Only add this if you're already paying for a PostFinance package and want a labeled savings bucket.