Swiss 3a retirement accounts - catch 22

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

I noticed that some Swiss banks will only provide retirement savings accounts to people who also have private accounts at the same bank, and private accounts seem to cost money.

Basically you have to pay for a private account in order to get a "free" retirement account. What is the deal?

 
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  • BenutzernameMoneyguru von moneyland.ch
  • OrtSchweiz
  • Status Expert
  • Registriert seit8/4/15
  • Beiträge4079

Banks are free to create their own policies regarding who is eligible for certain types of accounts (such as 3a accounts).

Certain banks only provide 3a accounts to customers who have private accounts with them. Other banks only provide 3a accounts to people who reside in certain regions.

When limitations apply, these are clearly indicated in the moneyland.ch pillar 3a retirement savings account comparison.

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Request now for free

Cheap bank accounts with card

Up to CHF 550 Benefit

Amex Gold & Alpian Account

  • 50% off the annual fee in first year

  • 45'000 bonus points (instead of 15'000)

  • CHF 75 Moneyland-Bonus (Code LAND25) + CHF 50 Alpian bonus

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 75 welcome bonus with referral code LAND25.

  • 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
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Up to CHF 550 Benefit

Amex Gold & Alpian Account

50% off the annual fee in first year