PostFinance Private Account SmartYoung

Youth private account
With prepaid card

General information:

Banking package of PostFinance for young people. Provides customers with youth private account, PostFinance card, savings account for young people and a prepaid card (Alternative: Standard credit card, ages 18 and older).
Account management is also possible in EUR.
PostFinance Card is only available for accounts in CHF and EUR.
Digital opening with the PostFinance app or via the website is possible independently from the age of 12. A parent or other legal representative must be present to open the account at a post office or PostFinance branch.

Age:

For individuals between 12 and 20 years of age.

Account type:

Youth Account

Currency:

CHF

Interest rate:

Up to CHF 25,000: 0.1% per year.
From CHF 25,000: 0% per year.

Withdrawals:

There is no withdrawal limit.

Account opening:

The account opening is free of charge.

Account management:

Online account management is free of charge. Surcharge for paper documents: per customer relationship CHF 5 per month.

The additional charge for paper documents includes account statements, interest statements, credit card bills, payment orders and standing orders.

Closing of account:

The closing of account is free of charge.

Termination of banking relationship:

The termination of the banking relationship is free of charge.

Annual account closure:

The annual account closure is free of charge.

Statements of account:

The monthly statements of account by mail are free of charge.

Incoming payment:

Incoming payment in CHF are free of charge.

Outgoing payment (Switzerland):

Electronic payment orders in CHF are free of charge.

SEPA payment:

Electronic SEPA payment orders in EUR are free of charge.

Non-SEPA payment (abroad):

Fee of CHF 2.00 per electronic non-SEPA payment order in foreign currency.

Direct debit (LSV) Switzerland:

Electronic payment orders by direct debit (LSV) within Switzerland are free of charge.

Standing order Switzerland:

Electronic standing orders in CHF within Switzerland are free charge.

Annual fee debit card:

Debit card: There is no annual fee to pay.

Purchase Switzerland:

Debit card: Purchases in Switzerland in CHF are free of charge.

Purchase abroad:

Debit card: For purchases in foreign currencies, there is a fee of 1.5% of the purchase amount.

Cash withdrawal Switzerland:

Debit card:
Cash withdrawals in CHF at ATMs of the same bank in Switzerland are free of charge.
Cash withdrawals in CHF at ATMs of other banks in Switzerland are free of charge.

Cash withdrawal abroad:

Debit card:
Cash withdrawals abroad are free of charge.

Special services:

Debit Mastercard, Mobile banking, Online banking