Mattia Scolaro, Head of Business Development at Alpian, talks about Alpian’s market positioning and their choice to offer one of the most attractive interest rates on the market – up to 1.5 percent for a current account. Discover Alpian and get a 100-franc welcome bonus for opening an account.
Since the SNB quit negative interest rates, banks have started to pay interest rates again. What is Alpian’s strategy for becoming one of the best-in-class in terms of interest?
Mattia Scolaro: Alpian is offering a multi-currency account with four different currencies which is similar to the traditional current accounts offered by banks. This type of account is practical because you maintain full flexibility with your funds, as you do not need to give notice before you can withdraw or transfer funds.
Traditionally, clients have had to compensate for this flexibility by accepting interest rates that are lower than those of private or savings accounts.
At Alpian, we decided to opt for a different approach, which is why our interest rates for account balances in Swiss francs can be as high as 1.5 percent per annum.
You mentioned up to 1.5 percent per annum. Do all clients get the same interest rates?
Yes, they all benefit from the same conditions. We pay 1 percent interest per annum for the part of an account balance that falls between 1 and 50,000 Swiss francs, and 1.50 percent interest per annum for the portion between CHF 50,001 and CHF 1 million.
Additionally, interest is paid out on a monthly basis. Your money is not blocked and is fully available at any time. That is beneficial in case you face unexpected expenses or want to purchase a house, for example.
Are there any fees linked to open an account and benefit from these conditions?
Opening an account can be done with a smartphone in only 5 minutes. The process is paperless and does not cost anything. The fees that you pay once the account is open are very simple to understand.
We have just one quarterly fee – the account management fee. This fee covers all the following services: a metal Visa Debit Card which you can use to pay in Switzerland and abroad without fees, the best foreign exchange rates available in Switzerland, and direct access to our banking advisors.
Our team is available every day of the week to guide our clients who want to invest through the process of setting up a portfolio that is fully tailored to them.
The quarterly fee is waived when the value of a client’s total assets at Alpian surpasses 50,000 francs.
Our clients can take the time to discover Alpian for the first six months. The quarterly fee is waived during this introductory period. After six months the following fees apply if total assets are less than 50,000 francs:
How much could you save by using Alpian?
We believe that the more you use our services, the more you should get for each Swiss franc you entrust to us.
In 2023, clients who opened an account on the first of January with 100,000 francs, with an investment of 30,000 francs in our Managed by Alpian mandate, had an average return of 2,299 francs (1,857 francs in capital gains and 442 francs in interest)!
Isn’t it worth trying it out in 2024?
Open an Alpian account today and get a 100-franc welcome bonus on your account!
Download the Alpian app now on the App Store or Google Play Store to open an Alpian account.
As a moneyland.ch reader, you can benefit from a welcome bonus of 100 francs by entering the coupon code MN2024 when opening your account.*
* This offer is valid until February 29th, 2024.
More information:
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