With their aggressive pricing, one might think that one is just as good as the other. Neon and Yuh are among the most competitive online banks in Switzerland, so how do you choose the most suitable one for you?
It’s in everyday use, depending on your lifestyle, that the fundamental differences and advantages become apparent…
- free
- 🇨🇭
- CH IBAN
International transfers ✔︎
Cash withdrawals abroad ✔︎
Card delivery fees ✘
Third-party TWINT app / prepaid ✘
- free
- 🇨🇭 🇫🇷 🇩🇪 🇮🇹 🇱🇮
- CH IBAN
Cross-border workers ✔︎
Savings projects ✔︎
Support closed on weekends ✘
Neon Account vs. Yuh, bank card, cash withdrawals, fees
Neon and Yuh provide a free bank account in Switzerland with an individual CH IBAN 🌐. Additionally, the Yuh account is multi-currency CHF, EUR, and USD (up to 13 currencies).
Account: Yuh advantage
The 💳 bank card is free at Yuh. It can be used to pay in Switzerland, abroad and on the Internet:
Neon charges a one-time fee (10 CHF) for delivery participation while the Yuh card remains completely free.
Credit card: Yuh advantage
For cash withdrawals, Neon and Yuh offer a free base in Switzerland🇨🇭:
● 2 withdrawals/month at Neon
● 1 withdrawal/week at Yuh
We quickly awarded Yuh the winning point…
But not so fast.
Neon also allows you to withdraw cash free of charge with Sonect at:
● kiosks ✔︎
● restaurants ✔︎
But also at Lidl checkouts for a purchase of CHF 10.
Under these conditions. Both are worth it.
Withdrawals: equal
Security deposit guarantee
Neon and Yuh are not banks. However, both rely on banks licensed by FINMA 🇨🇭.
✔︎ Deposits are protected up to CHF 100,000 in the event of bankruptcy.
Neo-banks are regulated with or without a banking license.
Check out the reviews on heyneo.ch to learn about the guarantees offered by each neo-bank.
Safety: equal Neon and Yuh
Payments in Switzerland 🇨🇭 TWINT + eBill + QR invoices
Neon and Yuh have exactly what you need to easily make payments in Switzerland 🇨🇭:
● eBill (electronic invoices) ✔︎
● Scan Swiss QR invoices (inpayment slips) ✔︎
● Create a standing order from a QR invoice ✔︎
Yuh has its own TWINT application. Neon, on the other hand, uses UBS’s TWINT app. We talk about this alternative in our guide to using TWINT with Neon. Of course, the resource savings of not having a dedicated application go directly to the development of the successful Neon app, but…
From the user’s point of view, Yuh deserves its lead.
Payments in Switzerland: a slight Yuh advantage
Compatible platforms for paying with your smartphone or watch ⌚️:
Yuh: Apple Pay / Google Pay / Samsung Pay
Neon: Apple Pay / Google Pay / Samsung Pay / SwatchPAY! / Garmin Pay
Mobile payment: the Neon advantage
For foreign transfers, Neon and Yuh work differently:
With Neon, SEPA transfers are not available, but the app directly integrates the Wise service, the most advantageous and fastest on the market with a markup of only 0.40%. The application displays conversion fees in real-time.
Yuh offers free SEPA transfers in EUR or 4 CHF for other currencies. The currency conversion rate of 0.95% is fixed for all currencies.
International transfers: Neon and Yuh equal by equivalence
Neon vs. Yuh: exchange fees travel abroad
Neon and Yuh do not charge transaction fees, but do charge currency conversion fees.
For foreign transactions and withdrawals, Neon is the least expensive. It converts at the Mastercard / Visa reference rate without surcharge. This rate is applied to every foreign transaction, since Neon is a CHF account.
As Yuh is a multi-currency account, fees depend on the situation:
● No conversion fees if the currency is already funded on the account. This is normal.
● A fee of 0.95% on top of the actual interbank rate for currency conversion.
🏧 For cash withdrawals at ATMs, fees are:
● 1.5% fee with Neon
● CHF 4.90 per withdrawal with Yuh
Neon gives its users the greatest advantage.
Change travel: equality between Neon and Yuh
Peut-on louer une voiture ?
Virtual sub-accounts (organize your budget)
Neon ✔︎ offers Spaces for organizing your budget.
Yuh ✔︎ lets you create project sub-accounts.
Sub-accounts: Neon and Yuh equality
Savings: which online bank offers the best interest rate?
Yuh ✔︎ pays savings up to 1%.
Neon ✔︎ offers an interest rate of 0.50% on amounts up to 25,000 CHF if the money is placed in Spaces (virtual savings accounts). For amounts over CHF 25,000, the rate drops to 0.25%.
In comparison, most other banks do not automatically pay interest on savings. This is a good point for both neo-banks.
Interest rates (savings): equal Neon and Yuh
Yuh customer service vs. Neon
The distinctive feature of neo-banks is often the absence of a physical network. This reduces costs but puts even more emphasis on the quality of customer service. Yuh and Neon understand this well, and their smooth and personalized customer experience is part of the deal. Professionalism is guaranteed, but the lack of direct human contact can be frustrating for some people when dealing with complex issues.
Apart from a few practical differences, it’s easy to get in touch with these two banks by telephone on working days, or by e-mail at weekends.
Yuh ✔︎ can be reached until 10pm.
Neon ✘ can be reached until 5:00 pm.
No in-app interaction: apart from the ability to send a screenshot with a message to support, neither Yuh nor Neon offers live chat with support as in Revolut and N26.
Customer service: Yuh advantage
Neon vs Yuh: who wins?
Both neo-banks offer competitive but different services. To help you, Neo has released its tools of the future!
What does Neoradar reveal?
Yuh vs Neon
Check out the comparison of neo-banks in Switzerland (Neon vs. Yuh – the comparison in 8 key points (September 2025) to compare Neon and Yuh with other banks like Zak, Radicant, Alpian, Revolut, etc.
What do you think of Neon compared to Yuh?
- Are there details that make all the difference?
- How can you help others choose the right bank between Neon and Yuh?
- Which bank is most convenient for families?
- Did you become rich overnight by installing any of these apps?
Share your feedback with all Neo’s friends 😈
