Also good for
Our Take on LIPO Mastercard
Free card that earns points everywhere, redeemable at LIPO. For budget furniture shoppers.
The LIPO Mastercard is a free store card that earns 1 point per CHF 1 on all purchases, redeemable for LIPO furniture discounts. If you're furnishing a home on a budget and LIPO is your go-to retailer, this no-cost card adds value to purchases you'd make anyway.
Is It Worth Getting?
If you shop at LIPO, yes. The card is completely free with no annual fee, no hidden charges. 1 point per CHF 1 spent everywhere accumulates toward LIPO redemptions. If you spend CHF 10,000 annually on the card, you earn 10,000 points for future furniture discounts.
The earning applies on all purchases, not just LIPO spending. Your everyday purchases build toward your next sofa, mattress, or home goods. Zero risk since there's no fee.
What Actually Stands Out
The simplicity is the feature. No categories to track, no spending thresholds, no complicated point structures. Every franc spent earns one point. Period. Points redeem at LIPO for straightforward discounts on furniture and home goods.
Apple Pay, Google Pay, Samsung Pay, and Garmin Pay all work. Unlimited free additional cards for family members means shared earning toward household furniture goals. 24-hour service if you need card support.
What Most Reviews Miss
The 2% FX fee is average, not exceptional. For international travel or foreign online shopping, other cards (Cornèrcard at 1.2%) offer better rates. This card is optimized for Swiss domestic spending with LIPO redemption.
If you don't actually shop at LIPO, the points have limited value. Other free cards like Certo One (1% cashback everywhere) or Coop Supercard (grocery rewards) might suit different lifestyles better. Match the card to your actual shopping patterns.
The Bottom Line
A solid free card for budget-conscious furniture shoppers who use LIPO. Simple earning, no fees, real value if you redeem at LIPO. If LIPO isn't your retailer, consider other free alternatives. Compare options in our best credit cards in Switzerland guide.
Verdict: Get it if you shop at LIPO. Costs nothing, earns something. No downside.
PROS
- No annual fee
- 1 welcome bonus points
- Apple Pay compatible
- Contactless payments for convenient transactions
- Multiple mobile payment options (Samsung Pay, Apple Pay, Google Pay, Garmin Pay)
- 24-hour customer service support
CONS
- High foreign exchange fee (2%)
- No travel insurance
- No medical coverage
- No airport lounge access
- No concierge service
Card Details
At a Glance
Annual fee
Free
Rewards rate
1 points/CHF
FX Fee
2%
Welcome bonus
1 pts/1CHF Points
Fees & Costs
Fees & Costs
First year annual fee
No annual fee
Annual fee (after first year)
No annual fee
Foreign exchange fee
2%
Cash Withdrawal (Domestic)
3.75% (min CHF 10)
Cash Withdrawal (International)
5.75% (min CHF 10)
Late Payment Fee
CHF 30
Additional Cards
-
Rewards Program
Rewards Program
Rewards type
Points
Base rewards rate
1 / CHF
Welcome bonus
1 pts/1CHF Points
Earn 1 points per CHF 1 spent
Insurance & Protection
Insurance & Protection
Travel insurance coverage
No travel insurance
Medical insurance coverage
No medical coverage
Purchase protection
No purchase protection
Card Features
Card Features
Card Network
Mastercard
Card Type
Standard
Currency
CHF
Minimum income requirement
No income requirement
Monthly spending limit
CHF 20'000
Airport lounge access
Concierge service
Key Features
- 1 welcome bonus points
- Multiple mobile payment options (Samsung Pay, Apple Pay, Google Pay, Garmin Pay)
- 24-hour customer service support
- Contactless payments for convenient transactions
- No annual fee
Calculate If This Card Is Worth It for You
= CHF 30'000/year
You Pay
CHF 0
per year
You Get Back
CHF 300
estimated value
Bottom Line
+CHF 300
in your pocket
Annual calculation:
CHF 30'000/yr × 1 points/CHF × 1 ct
Move the slider to see how your spending affects the card's value. Miles: 1.5 ct, points: 1 ct.
Rating by Category
Compare to Other Cards
Frequently Asked Questions
- Do I need to be a student to get this card?
- No, despite the 'student' label. There's no income requirement, employment requirement, or enrollment proof needed; that's standard for Swiss store-affiliated cards. You'll still pass a basic credit check (ZEK), but you don't need payslips. Useful if you're between jobs or self-employed without consistent income.
- How many free supplementary cards can I add on LIPO?
- Unlimited, all free. Both Swiss student-tier cards in our database offer this, but LIPO makes the policy explicit. Useful if you share spending with a partner or want a backup card stashed at home, none of it adds to your annual cost.
- What's the late payment fee on this card?
- CHF 30, above the average across student cards (around CHF 25) and the broader market (CHF 20-22). LIPO has no annual fee, so the late charge is one of the few ways the issuer makes money on inactive accounts. Set up direct debit to avoid it.
How We Rated This Card
Wondering why LIPO Mastercard got its score? We rate Student cards using a weighted formula. Here's what counts:
Same formula for every card in this category. No exceptions.
See our full rating methodologyReady to Apply?
Apply for the LIPO Mastercard today and start enjoying its benefits.