Do I have to tax credit on a prepaid card?

Here you will find the right answers

About Moneyland Forum

The forum lets you exchange knowledge on numerous topics related to money and get answers to your questions at any time. Join forum users and experts in discussions relating to banking, investment, insurance, retirement, telecom and everyday money topics.

Show categories

Please login in or sign up to participate in the forum.
  • BenutzernameMoneyland User Questions
  • Status Member
  • Registriert seit1/27/17
  • Beiträge2142

I use a prepaid card (not a credit card) and usually keep around 3,000 or 4,000 francs on it for our flight and hotel bookings. Should I declare that money as wealth in my tax return?

  • BenutzernameMoneyguru von
  • OrtSchweiz
  • Status Expert
  • Registriert seit8/4/15
  • Beiträge4017

Hi there,

Large amounts of money held in prepaid card accounts must be declared just like money held in other types of bank accounts. However, not all prepaid card issuers provide end-of-year account statements automatically. You may need to request these from your card's issuer and possibly pay a fee.

Best regards from Moneyguru

More on this topic:
Interactive credit card comparison