Reka Checks Experiences

Here you will find the right answers

About Moneyland Forum

The moneyland.ch forum lets you exchange knowledge on numerous topics related to money and get answers to your questions at any time. Join forum users and experts in discussions relating to banking, investment, insurance, retirement, telecom and everyday money topics.

Show categories

Please login in or sign up to participate in the forum.
 
avatar
  • BenutzernameMoneyland User Questions
  • Status Member
  • Registriert seit1/27/17
  • Beiträge2142

Does anyone here have experience paying for transportation and hotels using Reka checks? Are they widely accepted? I have the opportunity to buy some Reka checks well below their face value, but I don't know whether it's a good investment. Any Reka experience that you are willing to share would be appreciated.

Thanks to all

 
avatar
  • Benutzernamemrniceguy
  • Status Member
  • Registriert seit1/24/17
  • Beiträge14

If you use public transportation, stay at hotels or go skiing in Switzerland, then using Reka checks is a definite saver if you can buy them below the face value. You can use them to pay at SBB ticket machines and even at the tank in some gas stations. Many ski slopes accept them. For hotel accomodation they are somewhat less accepted, but you can generally find hotesl or vacation apartments which accept them in most Swiss resorts.

If you cannot buy them below their face value then there isn't much point. I generally have no problem buying them on classified sites like Anibis for 5% off their face value. A lot of people get Reka checks from employers and don't use them because they vacation abroad, so are happy to sell them below the face value.

Apparently you can buy them for a couple percent off their face value (like 2% or so) at Manor or Coop, but I can't confirm that.

 
avatar
  • Benutzernamethetownclownsa
  • Status Member
  • Registriert seit1/25/17
  • Beiträge94

I use Reka Rail checks and Reka checks all the time. I buy Reka Rail checks at Manor at a discount on their face value (currently on special for 4% off the face value, normally 3% off) using the store card.

I use them for public transportation purchases (GAs, monthly passes, individual trips) and haven't had any problem using them instead of Swiss francs at SBB desks. They generally give change above 10 francs in Reka checks and under 10 francs in Swiss francs. The ticket machines won't usually return more than 20 francs in change when you use Reka to pay, so I recommend getting the 10-franc Reka checks rather than the 50-franc checks if you make smaller purchases.

If you buy a 3,860-franc GA, you save 115.8 francs by buying Reka Rail checks at Manor with the standard 3% discount and then using them to pay for the GA. Since my wife and I both used GAs, we saved around 200 francs. All in all a good deal if you spend on SBB or other public transportation.

The Reka checks (not Reka Rail) can be used at some gas stations, hotels and ski-lifts as well. I believe Coop sells regular Reka checks at a discount to its store card users. I just use the Reka checks I get as change for Reka Rail at SBB desks.

 
avatar
  • BenutzernameGareththegreat
  • Status Member
  • Registriert seit1/24/17
  • Beiträge19

Coop with the Supercard is the better deal. It has a 3% discount on Reka just like Manor, but you get Reka checks which you can use for gas and all kinds of things. Manor only sells Reka Rail which is only good for public transportation.

Also, you can buy up to 3000 francs of Reka checks per day at Coop, but only 2500 francs per year of Reka Rail at Manor per customer.

 
avatar
  • Benutzernamejerry
  • Status Member
  • Registriert seit1/26/17
  • Beiträge6

I use the Reka Guide app to find all the restaurants and shops near me that accept Reka checks. There are many places which accept them that I wouldn't expect to, and it saves me money to the tune of 3%.

I sometimes use my Amex Cashback credit card to pay for the Reka checks at Coop, which saves another 1%.

 
avatar
  • BenutzernameMoneyguru von moneyland.ch
  • OrtSchweiz
  • Status Expert
  • Registriert seit8/4/15
  • Beiträge4072

You can find detailed answers to key questions about Reka checks in the moneyland.ch guide to using Reka money.

Request now for free

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

  • High interest on your everyday account

  • Best exchange rates

  • Up to 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»

Swiss digital bank

Alpian

  • CHF 100 welcome bonus

  • Favorable foreign exchange rates

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

Online private account

UBS key4

  • 50 KeyClub points as a welcome gift

  • Online private account with debit card

Request now for free

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

  • High interest on your everyday account

  • Best exchange rates

  • Up to 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»

Swiss digital bank

Alpian

  • CHF 100 welcome bonus

  • Favorable foreign exchange rates

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

Online private account

UBS key4

  • 50 KeyClub points as a welcome gift

  • Online private account with debit card

Deal of the Day
×
Swiss Bank

Bank WIR Bankpaket Top

Free account & card