Raiffeisen Private Account

Last place among 45 private accounts. CHF 108 per year, and your branch sets the actual price.

The Raiffeisen Private Account ranks #45 (last) among Switzerland's 45 private accounts. It's the standard non-member account from Raiffeisen Switzerland. Unlike the member account, you don't need to buy a cooperative share, but you also miss out on the member perks. The result: high fees with less upside.

Are the Fees Worth It?

Total annual cost: CHF 108 (CHF 60 for account management plus CHF 48 for the debit card). That's tied for the most expensive standard private account in our database. For the same price, the Raiffeisen member account includes dual debit cards and 12 free ATM withdrawals.

SEPA payments cost CHF 1 each, and non-SEPA international transfers are just CHF 3. Those international fees are competitive. Domestic payments are free. But the high base cost means you're starting from a deficit that the lower transaction fees struggle to offset.

What Actually Stands Out

Both Debit Mastercard and Visa Debit are available, even on the non-member account. That's a practical advantage for travelers who want network flexibility. The account also supports EUR, useful for cross-border payments.

Raiffeisen operates Switzerland's densest branch and ATM network, especially in rural areas. If you live outside major cities, Raiffeisen might be the most accessible bank available. Cash withdrawals at Raiffeisen ATMs are free, with other Swiss ATMs costing CHF 2. Abroad, CHF 4.50.

What Most Reviews Miss

Costs and conditions may vary depending on your Raiffeisen branch. This is the critical caveat. The CHF 108 figure is the standard rate, but each cooperative sets its own pricing. You might pay more or less depending on where you live. Always confirm locally.

The age minimum is 26. No contactless payments on the debit card. The big question is why you'd pick this over the member account, which costs the same but includes better ATM perks. Unless you specifically want to avoid buying a cooperative share, the member version is the better deal.

The Bottom Line

Ranked last for good reason: high fees, no unique features, and branch-dependent pricing. If you're set on Raiffeisen, the member account at the same price offers more value. If you're not set on Raiffeisen, you have 44 better-ranked options. Start with our best private accounts in Switzerland ranking to find what actually fits.

Verdict: Skip this. The Raiffeisen member account or a different bank entirely is the smarter choice.