Best Swiss loans for border hoppers

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  • BenutzernameMoneyland User Questions
  • Status Member
  • Registriert seit1/27/17
  • Beiträge2142

I live in Germany but work in Switzerland. Which Swiss bank has the best loans for "G" residence permit holders?

 
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  • BenutzernameMoneyguru von moneyland.ch
  • OrtSchweiz
  • Status Expert
  • Registriert seit8/4/15
  • Beiträge4064

Greetings,

If you live in Switzerland but work outside of Switzerland, you should have no trouble being approved for a personal loan from a Swiss lender as long as you meet all financial requirements.

If, on the other hand, you live outside of Switzerland (Austria, Germany, France or Italy, for example) but work in Switzerland, you may not be approved for a loan from most reputable Swiss lenders.

However, there are exceptions. You can easily find out which personal loans you are eligible for by selecting the "G permit" option under "Residence permit" in the moneyland.ch personal loan comparison. Only offers which match your residence status and other criteria will appear in comparison results.

Additional criteria may apply. For example, Cembra Money Bank only gives loans to cross-border workers who have worked in Switzerland for 4 consecutive years. Bank-now only provides loans to cross-border workers at specific branch offices in border towns (Basel, for example).

Best regards from Moneyguru

More on this topic:
Personal loans: Criteria for approval
Personal loans: Common mistakes
Personal loans: Key tips
Personal loans: Tax deductions

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Cheap bank accounts with card

Swiss Bank

Bank WIR Bankpaket Top

  • Free account & card

  • No exchange fees for foreign payments (interbank exchange rates)

  • 24 ATM withdrawals worldwide per year free of charge

Swiss digital bank

Radicant

  • 1% interest on your everyday account

  • Best exchange rates

  • 1% of card spending as saveback in the investment portfolio

Free bank account

Yuh

  • No account fees

  • Banking partner: Swissquote & Postfinance

  • CHF 20 trading credit with code «YUHMONEYLAND»

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  • CHF 100 welcome bonus

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  • Multi-currency account with Visa card (CHF, EUR, USD, GBP) 

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