Lower yields on savings
(E-)Youth savings account: 0.55% (down from 0.8%)
Youth and student accounts: 0.25% (down from 0.5%)
Vested benefits account: 0.05% (down from 0.2%)
3a retirement savings account: 0.3% (down from 0.5%)
(E-)Savings account CHF: Cap on interest-earning deposits lowered to CHF 250,000
(E-)Savings account EUR: Cap on interest-earning deposits lowered to CHF 200,000
Verdict: Other Swiss banks now offer much higher yields. Comparing offers is well worth your time.
Higher fees for non-resident customers
Non-resident customers are the hardest hit by PostFinance’ latest round of rate adjustments. Non-residents can expect to see fees go up yet again. From January 1, 2017, PostFinance customers residing outside of Switzerland and Liechtenstein will pay a hefty 25-franc monthly non-resident fee for each account (up from 15 francs per month). That means non-resident customers pay a markup of 300 franks per year per PostFinance account in addition to regular account fees.
Negative interest rates for top customers
Customers with deposits of 1 million francs or more are being slapped with a negative interest rate of -1%. The negative interest applies to all deposits in excess of 1 million francs, based on combined deposits in all of a customer’s accounts. PostFinance metaphorically refers to the negative rate as a "deposit fee" rather than a negative interest rate.