Do I have to tax credit on a prepaid card?

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  • BenutzernameMoneyland User Questions
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  • Registriert seit1/27/17
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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?

 
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  • BenutzernameMoneyguru von moneyland.ch
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  • Registriert seit8/4/15
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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

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