swiss bank accounts choosing the right banking combo

Swiss Bank Accounts: Choosing The Right Banking Combo

Benefit from these useful tips on finding the right Swiss banking package deal.

The trend towards bundled deals may be most obvious in the telco industry, but Swiss banks are increasingly hopping onto the package-deal bandwagon and offering their customers bundled banking services.

Credit card, checking and savings account

Most Swiss banking bundles include at least one “private account” (a checking or current account), a savings account and one or more credit cards. Some banks include additional services like 3a retirement accounts in their packages.

Bank packages for young and old

Banks offer different product package combinations to different types of customers. Young adults often benefit from very favorable banking conditions, as do students and those just getting started in their career.

Package deals: more benefits than individual services

The goal of banks is pretty obvious: By bundling multiple products into a package deal, they aim to become the one-stop solution for all of their customers’ banking needs. To sweeten the deal, many banks include more services and benefits in their package deals than customers would get if they were to apply for each product individually. Because of this, getting a bundled deal can be beneficial for customers as well as for banks.

Bundled deal interest yields and fees

Some Swiss banks offer higher yield rates for savings accounts, when you open the account as part of a package. A number of banks also waive certain fees related to transactions, postage costs and out-of-network ATM cash withdrawals for package deal customers.

Fees and benefits compared

Most bank packages for adults come with a regular flat-rate fee. You can find out whether or not this fee could work out cheaper for you with’s unbiased bank package comparison. This tool lets you enter customized data to determine the best value offer for your banking needs.

Discounts and rewards

Discounts, coupons and reward points often come as additional bonuses when you get a bundled deal. You may, for example, benefit from discounts or credits when you use your credit card to shop or deposit money into your accounts.

The special perks and conditions attached to each bank are accounted for individually by the algorithm. They are shown in the product breakdowns on the results page.

More on this topic:
Swiss banking combo comparison

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The magazine provides accurate, unbiased information on topics related to finance and money. In addition to research and expert interviews, the magazine contains numerous financial guides.