Accueil » Best online banks in Switzerland (February 2026): comparison

Banks comparisonNews on online banks, investment platforms, pillar 3a and personal finance in Switzerland

Best online banks in Switzerland (February 2026): comparison

Julien D.

11/02/2026

1013 Views 0

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

What is the best online bank in Switzerland in February 2026? This up-to-date comparison is based on clear criteria to analyze the best options on the market and help you choose the neobank best suited to your needs in every situation.

[Update – 2026-02-09: opening accounts for cross-border workers/non-residents]
[Update – 2026-01-21: content revised following the announcement of Radicant’s closure.]
[Update – 2025-11-23: content adjusted following CSX’s shutdown.]
[Update – 2025-09-15: exchange rates and fees related to debit cards updated.]

💸 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:

Accounts for non-residents or cross-border workers

The guide to opening an account as a non-resident provides all available options with practical information that is updated regularly. If you are or become a Swiss cross-border worker, read the article Swiss Cross-Border Commuter Bank: What to Choose? (February 2026) to find the best solution for you.

The basic bank card is free in 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 licensed by FINMA 🇨🇭. It is the only Swiss neobank that has its own banking license. 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 basic cash withdrawal 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.

When traveling ✈️, neobanks do not apply transaction fees, but currency conversion fees vary:

➔ To regularly use your card abroad

● Revolut ✔︎offers the most advantageous rate on the market after Alpian, except on weekends (+1% fee) and up to 1250 CHF for the Standard plan. Variable selon la monnaie, il est toujours clairement indiqué. Free withdrawals: max. CHF 200 per month everywhere.

● Wise ✔︎ is very advantageous; it uses the interbank rate + a minimal conversion fee of approximately 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 the best exchange rate 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 smartwatch ⌚️; here’s what they work with:

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 cost-effective and faster, with a 0.40% surcharge. 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 make customer satisfaction and service a strong argument against traditional banks. They focus on innovation and accessibility to offer a fluid and personalized customer experience. However, the lack of direct human contact for some can be frustrating in case of complex issues. Here is an overview of the contact points available with online banking services:

🌍 In 2026, environmental considerations are progressing in the neobank sector. Some of them are developing offers that integrate criteria related to sustainability and environmental impact. What should 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 paid offer that provides access to the Zak Green Impact program. 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 the choice of the best neobank depends on your priorities. Whether you are looking for security, savings, practical features, or ecological impact: take the time to define what is truly important to you.

The standard of neobanks in Switzerland is good, but it varies depending on actual use. Some of them do not offer the necessary features for daily life in Switzerland or for other specific situations. What is certain is that neobanks offer undeniable advantages for enjoying the latest features while saving on fees. After thoroughly exploring the offerings of the best online banks in Switzerland for 2024, our verdict favors YUH bank when considering all aspects. However, if you have specific 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 who wish to avoid bank fees, Neon, Yuh, and Zak are interesting options. These neobanks offer free cards and almost no management fees, which can represent significant daily savings.

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 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 an eye on 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 various 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?

• Have you tested several neobanks and do you have a favorite?
• Which neobank do you recommend based on which user profile?
• Have you already used the investment features of neobanks?
• What do you like/dislike about your neobank’s app?

Share your feedback with all Neo’s friends 😈