Private account calculations

Here you will find the right answers

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  • BenutzernameMoneyland-Nutzer-Fragen
  • OrtSchweiz
  • Status Member
  • Registriert seit1/30/17
  • Beiträge850

Thank you for the services you provide.

I have a doubt about the comparison of private accounts: when I click the blue “+” button on each row of a list like this one (https://www.moneyland.ch/en/privateAccount/list) I see a “breakdown of costs for 1 year”. What is, exactly, this information? For example, is the “payment order costs” the average costs for payment orders over one year or is it a fixed price to pay?

Thank you if you can explain a little bit what this information means and/or where to find out more.

Best regards,

 
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  • BenutzernameMoneyguru von moneyland.ch
  • OrtSchweiz
  • Status Expert
  • Registriert seit8/4/15
  • Beiträge4079

Dear Sir,

The breakdown of costs shows the TOTAL of fees and costs according to your profile you have chosen (for example "average user"). You can also select "individual profile" if you want to determine your profile yourself.

If you choose "1 year", the total costs for 1 year will be shown. If you choose "2 years", the total costs for 2 years will be shown and so on.

You can find the explanation of profiles here.
You can find the basis of calculation here.

Best regards

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Low-Cost Bank Accounts & Debit Cards

Swiss Bank

Bank WIR Bankpaket Top

  • Best exchange rate: pay worldwide at the interbank rate

  • 24 free ATM withdrawals worldwide per year

  • Free account & card

Free bank account

Yuh

  • No account fees

  • Banking partner: Swissquote

  • CHF 20 trading credit with code «YUHMONEYLAND»

Start-up offer for new entrepreneurs

PostFinance

  • For startups

  • 2 year's free account management

  • Free credit card in the first year

Online private account

UBS Banking for adults

  • Open and manage your account, savings account, and cards easily in the UBS Mobile Banking App

  • Plus KeyClub rewards program

  • 50 CHF welcome gift

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Swiss Bank

Bank WIR Bankpaket Top

Best exchange rate: pay worldwide at the interbank rate