Raiffeisen YoungMemberPlus

Banking package for young people & students
Fees may vary between bank branch offices

General information:

Banking package of Raiffeisen. Provides customers with private account, savings account, Visa Debit, online and mobile banking, prepaid card or credit card.

The YoungMemberPlus offer includes a bank package for schoolchildren (YoungMember School), students (YoungMember Students), trainees (YoungMember Start) and young professionals (YoungMember Professional).

Be aware that costs and conditions may vary depending on the Raiffeisen branch.

Age:

For individuals between 12 and 30 years of age.

Currencies:

CHF

Package / account management fee:

The account management is free of charge.

Private account interest rate:

Up to CHF 50,000: 0.4% per year.
From CHF 50,000: 0% per year.

Account opening:

The account opening is free of charge.

Closing of account:

The closing of account is free of charge.

Annual account closure:

The annual account closure is free of charge.

Statements of account:

The monthly statements of account by mail are subject to charges.

Incoming payment:

Incoming payment in CHF are free of charge.

Outgoing payment (Switzerland):

Electronic payment orders in CHF are free of charge.

SEPA payment:

Fee of CHF 1.00 per electronic SEPA payment order in EUR.

Non-SEPA payment (abroad):

Fee of CHF 3.00 per electronic non-SEPA payment order in foreign currency.

Direct debit (LSV) Switzerland:

Electronic payment orders by direct debit (LSV) within Switzerland are free of charge.

Standing order Switzerland:

Electronic standing orders in CHF within Switzerland are free charge.

Annual fee debit card:

Debit card: There is no annual fee to pay.

Purchase Switzerland:

Debit card: Purchases in Switzerland in CHF are free of charge.

Purchase abroad:

Debit card: For purchases in foreign currencies, there is a fee of 1.25% of the purchase amount with a minimum of CHF 1.50.

Cash withdrawal Switzerland:

Debit card:
Cash withdrawals in CHF at ATMs of the same bank in Switzerland are free of charge.
12 cash withdrawals in CHF at ATMs of other banks in Switzerland are free of charge. More cash withdrawals in CHF at ATMs of other banks cost CHF 2.00 per cash withdrawal.

Cash withdrawal abroad:

Debit card:
Per cash withdrawal abroad, there is a fee of CHF 4.50.

Savings account interest rate:

Up to CHF 50,000: 0.85% per year.
From CHF 50,000: 0.25% per year.

Savings account
withdrawals:

Withdrawals up to CHF 20,000 per month are allowed without notice. There is a notice period of 3 months for higher amounts.

Credit card:

Raiffeisen PrePaid Mastercard YoungMemberPlus or (above the age of 18) Raiffeisen Mastercard or Raiffeisen Visa Card.

Credit card
Purchase abroad in foreign curency:

For purchases abroad or online in foreign currencies there is an administrative fee of 1.5% of the purchase amount.

Reward program:

Surprize bonus program by Viseca for credit cards, half price tickets, museum pass.