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SuisseThe interest rates of savings accounts are in free fall
No more interest rates a little better: they are down again. Savers currently receive an average remuneration of 0.18%.
Will we have to hide his money again at home, as in the time of our elders, as the bank accounts report little?
Getty Images/iStockphotoThe interest rates of the savings accounts only report more than clopinettes. According to an analysis by Moneyland.ch, savers will only receive 0.18% interest in their savings accounts this month. Or 1.80 francs per 1000 francs, calculated the financial comparator by analyzing the conditions of 150 accounts of Swiss banks.
This withdrawal is part of a historic context of particularly low yields for almost 200 years, notes Moneyland. It also marks the end of a short increase in 2022, after the Swiss National Bank (ENB) noted its key rate. The average interest rate had then briefly reached 0.82% in the spring of 2024, before resetting clearly.
Never or almost 200 years have been interest rates on savings accounts have been so low.
moneyland.chStill some attractive rates
However, the analysis reveals significant differences between the different banks today. Some savings accounts offer still attractive interest rates: “the interests received on the most remunerative accounts are at least twice that of the average account”, notes Ralf Beyeler, financial expert from Moneyland.ch.
But he stresses that many savers could earn more if they compared the offers, or even changed bank or opened a more advantageous separate account. “Many banks know that the Swiss are lazy and rarely change supplier. This is what allows them to offer such low interest rates, ”he explains.
He nevertheless warns that attractive rate products are sometimes accompanied by restrictions, such as withdrawal limitations or notice periods. “An in-depth comparison is therefore useful,” he explains.
How to save the best?
A savings account is recommended to build an emergency reserve, explains Moneyland.ch. It offers high safety and no value fluctuation, but it also has the disadvantage of offering a low interest rate. Well -diverse investments in shares and other titles offer a significantly higher -term yield, according to the comparator. But significant value fluctuations may occur. “There is then a risk that the courses collapse when customers want to access their money.” You have to know how to stay calm and not sell at a loss. “If you have trouble sleeping as soon as the stock prices fall, it is better not to affect the shares and opt for a savings account,” advises Ralf Beyeler.
