Lending
Swiss Franc (CHF).

How CHF lending actually works

Trade Republic and Revolut Ultra offer CHF-denominated savings yields that track the SNB's deposit rate. Trade Republic specifically offers DGS-protected CHF deposits at policy-rate-tracking yields (currently the highest sustained CHF retail yield in Switzerland). Bunq Premium offers tiered yield on CHF balances. Note that yield products on non-EUR currencies are limited at most EU neobanks — Revolut and Bunq are the main multi-currency yield providers.

Watchouts and hidden costs

Some EU neobanks present 'savings interest' that's actually a money-market fund pass-through, which is NOT covered by esisuisse. Trade Republic specifically discloses whether each savings product is DGS-protected vs MMF-routed. Always check the deposit-protection footnote before parking material amounts of CHF above CHF 100,000.

What yield can I currently earn on CHF at an EU neobank?

Trade Republic offers the highest sustained CHF retail yield among EU neobanks, tracking the SNB's policy rate (with a small spread). Revolut Ultra and Bunq Premium offer competitive but typically lower yields. Yields change frequently — verify the current rate on the institution's product page before depositing.

Is my CHF balance insured at an EU neobank?

At credit-institution neobanks (Trade Republic, Revolut via Lithuanian licence, N26, Bunq), CHF balances are covered by esisuisse up to CHF 100,000. At EMIs (Wise), CHF balances are safeguarded but not deposit-insured. For amounts above the ceiling, consider splitting across multiple licensed institutions.

What is the difference between 'savings' and 'money market' on CHF at a neobank?

A savings product is a deposit at the bank covered by esisuisse. A money-market fund (MMF) is an investment product holding short-term government and corporate paper — not covered by deposit insurance. Many EU neobanks have moved retail yield products to MMF wrappers; check the product disclosure for the legal structure.