LOEB Club Visa Card

0.5% cashback on everything. Including fees, cash withdrawals, and interest. That's genuinely unusual.

The LOEB Club Visa offers something rare: cashback that applies to all transactions, including categories most cards exclude. At zero annual cost, you get 2% back at LOEB stores plus 0.5% on everything else. The inclusive cashback scope makes this unique among free cards.

Why the Cashback Scope Matters

Most cards exclude cash withdrawals, FX fees, and interest charges from rewards. This one doesn't. 0.5% cashback applies to all transactions without exclusions. If you withdraw CHF 500 cash abroad, you earn CHF 2.50 back (plus the normal FX fees, but still). If you carry a balance, the interest you pay earns cashback.

At LOEB, you earn 2 Gold points per CHF 1 (2% effective discount). CHF 2,000 annual LOEB spending = CHF 40 back. Combined with 0.5% everywhere else, the returns add up without thinking about categories.

What Actually Stands Out

The all-inclusive cashback is the differentiator. Every transaction counts. No exclusions, no asterisks. This is genuinely rare. CHF 3,000 purchase protection adds value for larger purchases. Free emergency card replacement once yearly provides peace of mind.

Apple Pay, Google Pay, Samsung Pay, and Garmin Pay all work. Unlimited free additional cards for family members. The card costs nothing to hold.

What Most Reviews Miss

The 2% FX fee is average, which partially offsets the international cashback benefit. For pure foreign spending optimization, Cornèrcard (1.2% FX) beats this. But the 0.5% cashback on the FX fee itself partially compensates.

0.5% is lower than premium cashback cards (Certo One offers 1% everywhere). The value proposition is the inclusive scope, not the rate. If you want maximum cashback percentage, other cards win. If you want universal application with zero complexity, this is compelling.

The Bottom Line

A uniquely inclusive free cashback card for LOEB shoppers and simplicity seekers. The all-transaction cashback is rare and valuable for those who want every franc to count. Compare alternatives in our best cashback credit cards in Switzerland guide.

Verdict: Worth having for the unique cashback scope. Excellent as a free secondary card with no exclusions.