Home / Europe / Saving Swiss Franc · Updated 11 March 2026

Saving
Swiss Franc (CHF).

Saving in Swiss Franc (CHF) as an EU resident raises two questions: where does the highest yield live, and is the CHF balance covered by deposit insurance? The two answers usually point to different providers for CHF than for EUR.

3Top picks

3With full DGS

SNBRegulator

CHF 100,000esisuisse ceiling

Top pick · Saving CHF

Trade Republic

The lowest-cost investing platform in Europe with a full banking account — €1 flat fee per trade and 2% interest on cash make it the go-to for cost-conscious long-term investors; 8M+ users

Licence Full bank

Protection €100,000 DGS

Pricing Free tier

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The picks

Best neobanks for saving CHF.

Trade Republic The lowest-cost investing platform in Europe with a full banking account — €1 flat fee per trade and 2% interest on cash make it the go-to for cost-conscious long-term investors; 8M+ users

Full bank €100k DGS

Free Standard

3.3 /5

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Revolut The most feature-rich neobank globally — combining banking, investing (stocks, crypto, commodities), and travel perks in a single app, with the widest currency support (120+) and 65M+ customers

Full bank €100k DGS

Free Standard

4.7 /5

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bunq Europe's second-largest neobank by deposits (€8B+) with the most granular IBAN-per-sub-account architecture; first new fully licensed bank in the Netherlands in 38 years; strong sustainability angle

Full bank €100k DGS

Free Standard

4.2 /5

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How it works

The mechanics of saving CHF from Europe.

How CHF saving actually works

Trade Republic offers the highest sustained EUR savings yield among EU neobanks, tracking the ECB deposit rate. For Swiss Franc specifically, Revolut and Bunq are the main multi-currency yield providers — Revolut Ultra offers CHF yield on a tiered structure; Bunq Premium offers CHF yield with the same DGS-protected status as EUR. CHF-denominated savings outside Revolut and Bunq are rare at EU neobanks; for material amounts, Switzerland-based local providers may be more competitive.

Watchouts and hidden costs

Some EU neobank 'savings' products are technically money-market funds, not deposits — they're NOT covered by esisuisse. Trade Republic specifically discloses the legal structure of each savings product. Always read the deposit-protection footnote before parking material amounts of CHF above CHF 100,000.

FAQ

saving CHF: common questions.

What is the highest CHF savings yield at an EU neobank?

Revolut Ultra and Bunq Premium are the main Swiss Franc-yield providers among EU neobanks. Yields track market rates and change frequently — verify the current rate on the institution's product page before depositing. For EUR, Trade Republic typically offers the highest sustained yield.

Is my CHF savings balance insured?

At credit-institution neobanks holding CHF as a deposit (Revolut, 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, split across multiple licensed institutions.

Can I move CHF between savings and current account for free?

At Revolut, Bunq, and Trade Republic, internal moves between accounts in the same currency are free and instant. Cross-currency moves trigger an FX conversion at the institution's rate — verify the rate against the mid-market before larger transfers.

Safety first

Is CHF actually protected at an EU neobank?

esisuisse covers eligible deposits up to CHF 100,000 per depositor per institution. Not every neobank holding CHF qualifies — EMIs (Wise) safeguard funds, which is structurally different from deposit insurance. Read the distinction in Deposit protection guide.