Raiffeisen Savings Account

0.025% interest. That's CHF 25 per year on CHF 100,000. Raiffeisen's baseline savings product.

The Raiffeisen Savings Account ranks #24 among Switzerland's 31 savings accounts. It's the non-member version of Raiffeisen's savings offering, available to anyone without requiring a cooperative share purchase. The rate is rock-bottom, but the no-notice-period access is a genuine perk.

Is the Interest Rate Competitive?

At 0.025% per year, this is the lowest positive rate among Swiss savings accounts. On CHF 100,000, you earn CHF 25 annually. To put that in context: the #1-ranked savings account pays CHF 1,000 on the same balance. That's a 40x difference.

The rate doesn't have published tiers, but it's a recommendation from Raiffeisen Switzerland. Individual branches may adjust. Even the member version (0.05%) is only marginally better. This is not a savings product you choose for returns.

What Actually Stands Out

No notice period for withdrawals. That's rare. Most Swiss savings accounts require 3 to 12 months notice. Here, you can access your CHF 10,000 monthly limit without waiting. For a savings account that doubles as a near-liquid reserve, this has practical value.

Raiffeisen has branches everywhere in Switzerland. The physical presence and personal banking relationship are the real products here. Free termination and no management fees keep costs at zero.

What Most Reviews Miss

Rates may vary between branches. The 0.025% is Raiffeisen's recommendation, not a binding rate. Your local cooperative could offer more or less. Always check with your specific branch.

Age restriction: 18 to 60 years old. Retirees are excluded, which is significant for a bank that positions itself as a lifetime banking partner. The CHF 10,000 monthly withdrawal limit is moderate. Not suitable for payment services.

The Bottom Line

This is a convenience product, not a savings product. The no-notice withdrawal access is genuinely useful for emergency reserves. But with a 0.025% rate, your money is effectively earning nothing. For actual savings growth, look elsewhere. Try our compare Swiss bank accounts side by side tool.

Verdict: Ultra-liquid parking spot with near-zero returns. Fine for reserves, not for growing savings.