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Comparison of Online Banks in Switzerland (February 2026)

Julien D.

06/02/2026

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“A precise and useful comparison of neobanks in Switzerland.”
– Heyneo.ch

What is the best online bank in Switzerland in February 2026? This updated comparison relies on precise criteria to analyze the best solutions on the market and help you choose the neobank best suited to your needs, in any situation.

[Update – 21.01.2026: content revised following the announcement of Radicant’s closure.]
[Update – 23.11.2025: content updated following the cessation of CSX’s activities.]
[Update – 15.09.2025: update of exchange rates and debit card–related fees.]

💸 Having a free account is the #1 promise of neobanks. In 2026, Swiss-made banks are the ones offering a bank account with an individual CH IBAN:

The basic bank card is free at neobanks for payments in Switzerland and abroad. However, some charge a one-off activation fee or a delivery charge.

● Yuh and Zak offer a free physical bank card upon opening.
● Alpian offers a sleek and elegant black metal VISA debit card or an American Express card (paid), and up to 5 free virtual cards.

● Neon charges a 10 CHF sending fee.
● Revolut charges a 5.99 CHF sending fee.

The real 🔒 security offered by neobanks in Switzerland:

● Alpian is a Swiss bank authorised by FINMA 🇨🇭. It is the only Swiss neobank that has its own banking licence. Deposits are protected up to CHF 100,000 in the event of bankruptcy.

● Neon, Yuh and Zak, are all backed by FINMA-approved banks 🇨🇭. Deposits are protected up to CHF 100,000 in case of bankruptcy.

● N26 only protects deposits of users from European Union states.
● Revolut does not have a Swiss banking license, but is registered in England as an electronic money institution.
● Wise is not a bank, but a payment company regulated by the National Bank of Belgium.

● Alpian, receive 120 CHF with code ALPHEY 👉 install Alpian.

● Zak, get CHF 25 with code KNSGS6 👉install Zak.

● Neon, receive your free Mastercard with the code VSWH3C 👉 install Neon.

● YUH, get 500 SWQ (CHF 7.50) with code C9QK67 👉install Yuh.

● Wise, get your free card with our promo link 👉 heyneo promo link.

● N26, get 20 EUR with code julienbd1769 👉 install N26.

Most neobanks offer a free cash withdrawal allowance in Switzerland 🇨🇭 :

● Neon : 2 withdrawals/month
● N26 : 3 EUR withdrawals/month
● Revolut : 5 withdrawals/month (up to 200 CHF)
● Wise : 2 withdrawals/month (up to 200 CHF)
● Yuh : 1 withdrawal/week
● Zak : free withdrawals at Cler Bank ATMs

● Alpian ✘ 2 CHF /withdrawal

Alpian, Neon, Yuh, Zak all offer the functionalities for life in Switzerland 🇨🇭:

● eBill (electronic invoices) ✔︎
● Scan Swiss QR invoices (inpayment slips) ✔︎
● Create a standing order from a QR invoice ✔︎

Wise ✘ allows processing Swiss QR invoices, but not eBill or direct debit LSV.
N26 ✘, Revolut ✘, do not allow paying Swiss invoices.

For travel ✈️ neobanks do not charge transaction fees, but currency conversion fees vary:

➔ To regularly use your card abroad

● Revolut ✔︎offers the most competitive rate on the market, except at weekends (+1% fee) and up to a limit of CHF 1,250 on the Standard plan. Variable selon la monnaie, il est toujours clairement indiqué. Free withdrawals: max. CHF 200 per month everywhere.

● Wise ✔︎ is very advantageous, using the interbank rate + a minimal conversion fee of around 0.5% for common currencies. Wise is more advantageous than Revolut during weekends. Retraits gratuits : 2 pour max. CHF 200 per month everywhere.

● Neon ✔︎ is a CHF account with no transaction fees. It allows conversion at the Mastercard reference rate / Visa without markup. Foreign withdrawal charges: 1.5%.

● Alpian ✔︎ is a multi-currency account with no transaction fees and with one of the best exchange rates on the market.

➔ To pay regularly in Europe

● N26 ✔︎ is a EUR account with no transaction fees. It applies the Mastercard reference rate without any surcharge. There are 3 free withdrawals in EUR per month in Europe. For other currencies, there is a 1.7% fee.

➔ For occasional travelers 🛸

● Yuh ✔︎ is a multi-currency account without transaction fees, but it converts currencies with a 0.95% markup on the real interbank rate.
Conversions are stopped during the weekend and foreign withdrawal fees are 4.90 CHF.

● Zak ✘ does not charge transaction fees, but applies its own less favourable ‘daily exchange rate’. Withdrawal fees amount to CHF 5.

TWINT, Switzerland’s leading payment app, allows you to :

• Pay in stores
• Transfer money between friends
• Share a bill within a group (restaurant, outings, etc.)
• Pay parking meters
• Pay online and in train stations

Yuh ✔︎ and Zak ✔︎ each have their dedicated TWINT app.

Neon ✔︎, Alpian ✔︎ use the UBS TWINT app or TWINT Prepaid.

N26 ✘, Revolut ✘ and Wise ✘ do not offer TWINT.

Neon ✔︎ offers Spaces to organize your budget and save.

Yuh ✔︎ lets you create project sub-accounts.

Zak ✔︎ lets you create shared pots free of charge.

N26 Smart (paying plan) offers spaces (also shared).

Revolut ✘ only offers a view called “Pockets” to categorize recurring payments.

Wise ✘ and Alpian ✘ do not offer integrated features for creating separate money envelopes.

Zak ✔︎ offers a rate of 0.3% up to an asset of CHF 100,000.

Yuh, Alpian, Neon, Wise and Revolut offer a 0% interest rate.

Neobanks are mobile: pay with your smartphone or your watch ⌚️ Here’s how they work:

Alpian: Apple Pay / Google Pay
Yuh, Zak : Apple Pay / Google Pay / Samsung Pay
Neon: Apple Pay / Google Pay / Samsung Pay / SwatchPAY! / Garmin Pay
Wise, Revolut: Apple Pay / Google Pay / Samsung Pay / Garmin Pay / Fitbit Pay

Overall, domestic transfers in CHF are free. For international transfers, SEPA and others, some banks have an advantage:

Wise ✔︎ is the undisputed champion of international transfers. Le SEPA est disponible, mais c’est son réseau qui fournit de loin les meilleurs transferts.

Neon ✔︎ SEPA transfers are not available, but the app directly integrates the Wise service, which is more advantageous and faster, with a 0.40% markup. It displays conversion fees in real time.

Yuh ✔︎ SEPA transfers in EUR are free of charge, or 4 CHF for other currencies. The conversion rate of 0.95% is fixed.

Revolut ✔︎ SEPA transfers in EUR are free of charge. Outside SEPA, except for Ultra accounts, fees ranging from CHF 0.50 to CHF 700 are added, depending on the amount, currency and type of account.

N26 ✔︎ uses the Wise service like Neon, but does not charge the additional 0.40% fee. As the account is in EUR, this may represent an additional conversion step.

Alpian ✔︎ SEPA transfers are free in EUR, GBP, and USD.

Zak ✘ SEPA in EUR and CHF are free of charge in the SEPA zone, but based on the less attractive Zak “du jour” exchange rate.

Swiss neobanks are making customer satisfaction and service a strong argument against traditional banks. They focus on innovation and accessibility to deliver a smooth, personalized customer experience. However, the lack of direct human contact for some can be frustrating when dealing with complex issues. Here’s an overview of the contact points available with online banking services:

🌍 In 2026, environmental concerns are gaining traction in the neobank sector. Some of them are developing offers that incorporate criteria related to sustainability and environmental impact. What can we expect?

● Neon ✔︎ Free is a carbon-neutral account with carbon offsetting from the outset.
Neon Green 🌱 goes further in sustainable values. Besides the folk wooden card, user purchases come with trees planted and electronic devices can be repaired for an additional 3 years to avoid frequent replacements.

● Zak Plus ✔︎ is the paying offer that gives access to the program Zak Green Impact. Zak verse 0.2% du montant des dépenses faites avec la carte à un projet de protection du climat.

● Yuh ✔︎ highlights an ethical score for investing in responsible, sustainable stocks or ETFs.

Conclusion: a neobank for every need

Your needs are unique, and choosing the best neobank depends on your priorities. Whether you’re looking for security, savings, practical features or ecological impact: take the time to define what’s really important to you.

The level of neobanks in Switzerland is good, but remains variable depending on actual usage. Some of them do not offer the necessary features for daily life in Switzerland or other specific situations. What is certain is that neobanks offer undeniable advantages to enjoy the latest features while saving on fees. After thoroughly exploring the offers of the best online banks in Switzerland for 2024, our verdict is in favor of the YUH bank when considering all points. But if one has certain needs, the balance may shift:

If the security of your money keeps you awake at night

If your priority is security, Alpian, Neon, Yuh and Zak offer guaranteed deposits up to 100,000 CHF. This allows you to manage your money with peace of mind, without fear of unpleasant surprises.

To save without depriving yourself

For those wishing to avoid bank charges, Neon, Yuh and Zak are interesting options. These neobanks offer free cards and virtually no management fees, which can mean significant savings on a day-to-day basis.

If you love practical gadgets

Managing your finances can be simplified with practical features. Alpian, Neon, Yuh and Zak allow you to easily manage your eBill and QR invoices. This makes managing your payments smoother and saves you time.

If you’re still between planes

For frequent travelers, Wise is particularly advantageous for international transfers due to its minimal fees. Neon, Alpian, Yuh, and N26 also offer effective solutions by integrating Wise’s services for advantageous transfers worldwide.

If your life is a succession of projects

Managing your budget has never been easier with Neon, Yuh and Zak sub-accounts. You can separate your expenses, save for different projects, and keep track of your finances effortlessly.

If you want to save the planet and manage your money at the same time

For those who are environmentally conscious, Neon Green and Zak Plus offer eco-responsible options. These banks offset your carbon footprint and finance sustainable projects, allowing your money to work both for you and for the planet.

When you need quick answers

Good customer service is essential. Alpian, YUH, Neon, and Zak offer a variety of contact options to answer all your questions. You don’t need to waste time searching for solutions online or waiting on the phone; these banks are there to help you quickly and efficiently.

Scroll through the columns of the summary table to compare all neobanks in Switzerland at a glance:

Which Neobanks Do You Recommend?

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• Which Neobank Do You Recommend Based on Which User Profile?
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