Raiffeisen Essential

Banking package for individuals
Fees may vary between bank branch offices

General information:

Banking package of Raiffeisen.

Provides customers with private account, savings account, Visa Debit or Debit Mastercard, 3a retirement savings account, online and mobile banking. Credit cards also available. Be aware that costs and conditions may vary depending on the Raiffeisen branch.

Age:

For individuals from the age of 26.

Currencies:

CHF

Package / account management fee:

The account management costs CHF 108.00 per year.

Private account interest rate:

0% per year.

Account opening:

The account opening is free of charge.

Closing of account:

The closing of account 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 subject to charges.

Incoming payment:

Incoming payment in CHF are free of charge.

Outgoing payment (Switzerland):

Electronic payment orders in CHF are free of charge.

SEPA payment:

Fee of CHF 1.00 per electronic SEPA payment order in EUR.

Non-SEPA payment (abroad):

Fee of CHF 3.00 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 1.25% of the purchase amount with a minimum of CHF 1.50.

Cash withdrawal Switzerland:

Debit card:
Cash withdrawals in CHF at ATMs of the same bank in Switzerland are free of charge.
For cash withdrawals in CHF at ATMs of other banks in Switzerland, there is a fee of CHF 2.00 per withdrawal.

Cash withdrawal abroad:

Debit card:
Per cash withdrawal abroad, there is a fee of CHF 4.50.

Savings account interest rate:

0.025% per year.

Savings account
withdrawals:

Withdrawals up to CHF 10,000.00 per month are allowed without notice. There is a notice period of one month for higher amounts.

Credit card:

The Raiffeisen Mastercard Silver or Raiffeisen Visa Card Classic costs additional CHF 96 per year.

Credit card
Purchase abroad in foreign curency:

For purchases abroad or online in foreign currencies there is an administrative fee of 1.5% of the purchase amount.

Reward program:

Surprize bonus program by Viseca for credit cards.