Our Take on Save Easy CHF
Swissquote's savings account lets you hold 6 currencies. The interest rate? Not as exciting.
The Save Easy CHF ranks #7 among Switzerland's 31 savings accounts. Offered by Swissquote, it combines savings with multi-currency capability. The interest rate is modest at 0.10%, but the real draw is the flexibility of holding six different currencies in one account.
Is the Interest Rate Competitive?
At 0.10% per year on balances up to CHF 100,000, this is roughly double what UBS offers but well below top performers like CEA or Bank WIR. On CHF 50,000, you're earning CHF 50 per year. Above CHF 100,000, the rate drops to 0%.
The rate alone doesn't justify choosing this account. You'd earn CHF 250 more per year at the #1-ranked account on the same CHF 50,000. The value here lies elsewhere.
What Actually Stands Out
Six currencies in one account: CHF, EUR, USD, GBP, AED, and ZAR. That's rare for a savings product. If you hold foreign currencies from work, travel, or investments, you can consolidate them here without converting. Few Swiss banks offer this on a savings account.
Swissquote is a publicly listed Swiss online bank. Your deposits are FINMA-regulated and covered by Swiss deposit insurance. The minimum deposit is just CHF 1, so the barrier to entry is essentially zero.
What Most Reviews Miss
The withdrawal limit is CHF 25,000 per month with a 3-month notice period. That's monthly, not annual, giving you up to CHF 300,000 in annual access. That's one of the most flexible structures among Swiss savings accounts.
However, this account isn't suitable for payment services. It's purely a savings vehicle. Only one account per customer. And the 0.10% rate is only for CHF. Interest rates on other currencies may differ and aren't prominently advertised.
The Bottom Line
The Save Easy CHF isn't about chasing the best interest rate. It's about having a regulated Swiss savings account that holds multiple currencies with decent withdrawal flexibility. If you're a Swissquote user already, it's convenient. See how it compares in our best savings accounts in Switzerland ranking.
Verdict: Best for multi-currency savers who prioritize flexibility over maximizing interest.
Pros
- No annual fees
Cons
- Low interest rate
- Withdrawal limit of CHF 25,000 per month
- 3-month notice period for withdrawals
- 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 1
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%
Age Requirement
From age 18
Withdrawal Terms
Withdrawal Terms
Withdrawal Limit
CHF 25'000 / month
Notice Period
3 month
Account Closure
Free of charge
Additional Information
Additional Information
- Maximum 1 account(s) per customer
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
- Six currencies in one savings account, really?
- CHF, EUR, USD, GBP, AED, and ZAR all sit in a single Save Easy account. Unusual mix: most multi-currency Swiss savings stop at four. Useful if you have UAE income, South African ties, or want to park dollars without opening a separate USD account.
- How small can the minimum deposit be?
- CHF 1 to open, basically symbolic. The bar is lower than nearly any peer, so you can test the platform before committing real money. Don't read it as Swissquote courting tiny balances; the structure rewards larger amounts via the 0.1% tier.
- Can I have more than one Save Easy account?
- One per customer, full stop. If you wanted to ringfence renovation savings from emergency funds inside Swissquote, you can't do it via Save Easy multiples. Use the multi-currency split inside the single account or look at separate sub-accounts elsewhere.
How We Rated This Account
Wondering why Save Easy CHF 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 Save Easy CHF today and start enjoying its benefits.