Yuh Bank – Review and Complete Analysis (March 2026) + get 50 CHF + 250 SQW

[Update – 27.02.2026: Introduction of the Yuh Pillar 3a offer]
[Update – 06.02.2026: Improved visibility of related content (investing with Yuh + general comparison)]

YUH is 100% owned by Swissquote. It has over 200,000 users and more than 1.5 billion francs under management. The YUH app offers:

account and card 💳

• a free multi-currency account (13 currencies) with CHF, EUR, and USD by default
• a free Mastercard Debit card
• a free virtual card for online purchases
• free payments (without exchange rate surcharge)
• free CH IBAN

Yuh 14+

Yuh 14+ is a free bank account without overdraft possibility for young people aged 14 to 17.

savings 📈

• Dedicated savings plan (with customizable goals and no management fees).
• automatic recurring transfers
• 1% savings interest in CHF
• Free and unlimited withdrawal

Possibility to open a Pillar 3a account “Yuh 3a“, with all-inclusive fees of 0.50% and a choice among five investment strategies.

trading 🤝

• no hidden costs
• Transaction fees of 0.50% on stocks and ETFs, 1% on cryptocurrencies.
• thematic investments
• 38+ cryptocurrencies available

Yuh Promo Code

Use the promo code C9QK67 to receive 50 CHF in Trading Credit + 250 SWQ (with an initial deposit of CHF 500.-).

Free account ✔︎

Receive 500 SWQ

YUH bank is available in French, German, English, and Italian.

Step-by-step guide to opening a YUH account

Download the YUH app

on the App Store / Google Play Store / Huawei App Gallery

Create a new account

or log in with your Swissquote account:

Select your country of residence

then indicate whether or not you are a US citizen.

Verify your phone number

Enter the code sent by SMS.

Choose a username and a lock code

This code will be your “Yuh Key”:

Enter your email address, personal information, and full address

Confirm your tax and financial information

Enter your YUH promo code 👇

Promo code: C9QK67

Receive my funds ✅
You receive 50 CHF trading credit to invest + 7 CHF (500 SWQ)

Verify your identity

You can choose your ID card or passport:

Verify your email address and make an initial deposit of at least CHF 10.

All done in less than 15 minutes!

Sign your contract virtually

Your YUH account is open

You will need to wait for your first transfer to arrive to access all app features.

A few days later you will receive your Mastercard debit card by mail. The PIN code is sent separately.

Voir plus +Voir moins –

💳 YUH Mastercard Debit in brief:

• Code-free contactless payment up to CHF 80. Cannot be modified. Beyond that, the code is required.
• It works with Apple Pay / Google Pay / Samsung Pay.
• Push notification available for card payments.

You can temporarily block your card from the app, but you have to go to the ATM to change the PIN code.

The cash withdrawal limit is CHF 1,000/day or CHF 10,000/month by default, but it can be freely increased to CHF 25,000/month via the app.

Yuh Promo Code

Use the promo code C9QK67 to receive 50 CHF in Trading Credit + 250 SWQ (with an initial deposit of CHF 500.-).

Free account ✔︎

Receive 500 SWQ

The Yuh banking app is suitable for all situations in Switzerland:

• Track account movements
• Create sub-accounts in other currencies
• eBill 🇨🇭
• Standing orders
• Scan payment slips (QR invoices) 🇨🇭
• Create a standing order from a QR code
• Create savings projects
• Instant payment with “peer-to-peer/pay a friend” (from Yuh user to Yuh user)
• Change contact details
• Card blocking

The features it lacks :

✘ A dark mode, so popular these days.
✘ No shared pots yet (like ZAK offers, for example)
✘ No direct debits yet (LSV).

Investing in themes, shares and ETFs

YUH allows recurring investments (YUH investment guide) and offers an environmental and ethical ranking in several sectors:

• blockchain / cannabis / cybersecurity / decarbonization / e-mobility / green energy / metaverse / online gaming …

Buying and selling crypto-currencies

• Aave / Avalanche / Bitcoin / Cardano / Chainlink / Ethereum / Polkadot / Polygon / Solana / Stellar / Swissqoin …

To be developed: buying crypto is interesting, but crypto transfers (to and from the YUH application) should be integrated. Our opinion on Yuh bank is also that it should integrate crypto staking possibilities in its projects section.

The Yuh 3a is directly integrated into the mobile app, allowing you to invest via Swisscanto index funds. It offers five risk strategies, ranging from Mild (20% equities) to Fiery (98% equities), so you can choose the risk level that matches your investment goals.

Investments can go up to 98% in equities, with the balance distributed between bonds, real estate, precious metals, and a small cash portion.

The positioning is clear: a simple 3a, all-in-one, integrated into the Yuh ecosystem, with a transparent fee structure.

Security

The Yuh 3a is based on a multi-level structure:

• Descartes provides the technological infrastructure (platform and allocation).
• The simply3a pension foundation legally manages the 3a assets.
• Lienhardt Partner Privatbank Zürich acts as the custodian bank.

Specifically:

• Assets are held via an independent 3a foundation, constituting a separate estate.
• In the event of bankruptcy, the funds are not part of the bank’s balance sheet.
• This structure guarantees the security of assets within the standard Swiss Pillar 3a framework, with segregated assets, a regulated foundation, and an identified custodian bank.

Conditions

• Only one 3a portfolio possible
• Invest from as little as 1 CHF
• Standard 3a taxation
• Accessible only via the mobile app
• 2026 legal limit: 7,258 CHF for employees with a 2nd pillar

The key point here: unlike Neon or Finpension, Yuh doesn’t allow you to open multiple 3a accounts, which limits tax optimization at the time of withdrawal.

Fees

Yuh charges 0.50% per year, all-in.

• management fees
• fund TER
• transaction fees
• currency exchange fees
• stamp duties
• unlimited strategy changes

The structure is simple and transparent, with no hidden fees.

However, the funds used are not specifically optimized for pensions, resulting in an estimated loss of 0.15% per year due to foreign dividends. This isn’t an extra fee, but an indirect impact on performance.

Additionally, portfolios are heavily hedged in CHF, which reduces currency risk but limits exposure to foreign currencies.

Yuh 3a is right for you if:

• You want to centralize your finances in the Yuh app.
• You’re looking for a simple solution with all-in fees.
• You’re comfortable with up to 98% equity investment.
• You don’t plan on opening multiple 3a accounts.

It will be less suitable if:

• You want to optimize your taxes via multiple 3a accounts.
• You want to avoid CHF hedging.
• You’re looking for a more cost- and performance-efficient fund structure.

The Yuh Pillar 3a stands out for its simplicity and integration into the Yuh ecosystem, offering a turnkey solution for users who want a simple investment with clear, transparent fees. However, its lack of flexibility regarding multiple 3a accounts and its CHF hedging strategy may not suit those looking to optimize their taxes or further diversify their currency exposure.

If you’re a user looking to centralize your investments in a single app with all-in fees, the Yuh 3a is a solid option.

• YUH bank does not remunerate funds in CHF, EUR, and USD

• Instant transfers with “pay a friend” (from YUH user to YUH user).
• An IBAN transfer within Switzerland made before noon arrives on the same day. If it’s done in the afternoon, it arrives the next day.
• An international transfer (including SEPA) takes a maximum of 2 days.

Yuh Promo Code

Use the promo code C9QK67 to receive 50 CHF in Trading Credit + 250 SWQ (with an initial deposit of CHF 500.-).

Free account ✔︎

Receive 500 SWQ

• Free multi-currency account
• IBAN CH free of charge
• Free Mastercard Debit card
• Replacement card CHF 20
• Card payments without transaction fees (13 currencies included)
• Exchange fees of 0.95% markup on the real interbank rate

Bank transfers

• In Switzerland and Liechtenstein in 13 currencies: free
• In Europe, SEPA transfers in EUR are free / other currencies 4 CHF

Cash withdrawals in Switzerland

At ATMs (cash dispensers): Free 1x/week then 1.90 CHF/withdrawal

Cash withdrawals abroad

At ATMs (classic dispensers): 4.90 CHF /withdrawal

Daily cash withdrawal limit of 1K CHF or 1K EUR. You can change the monthly spending limit.

In short, at YUH there are no transaction fees in the following currencies:
CHF – USD – EUR – GBP – JPY – AUD – CAD – SEK – HKD – NOK – DKK – AED – SGD.

There is an exchange fee of 0.95%. This makes YUH an advantageous solution for travel, but not the most optimal for those who travel or cross the border frequently. In which case, competing offers such as Revolut and N26 may be more competitive.

€ / $ / £ Automatic multi-currency
When abroad, Yuh pays with the right currency at the time of purchase, with no extra fees. If the currency is not available, the amount is debited in the currency with the most funds in the account, at the current YUH exchange rate.

Yuh Promo Code

Use the promo code C9QK67 to receive 50 CHF in Trading Credit + 250 SWQ (with an initial deposit of CHF 500.-).

Free account ✔︎

Receive 500 SWQ

It’s free and easy to deposit cash to your YUH account via TWINT. You need to buy a refill at the Post Office, Coop or Interdiscount with the amount you wish to pay into your account.

Accessibility: by phone 🤳 Monday to Friday from 8 AM to 10 PM, available in French, German, English, and Italian. You sometimes have to wait long minutes (18 min wait ⏳ during our last request). If you need quick answers on the weekend, you’ll have to settle for online help. This isn’t truly what neo-bank customers expect, even if the service is high quality.

From the YUH app via a form with the option of adding a screenshot to explain your problem.

There is no possibility to talk to a support person directly via chat from the app or the site.

Reported experience generally excellent. Even with technical questions, the efficiency is there. No guesswork. No stupid questions. Our last interaction was flawless (thanks Meriam). Support handles our issues precisely and conscientiously.

YUH’s cashback is distributed via its Swissqoin (SWQ) cryptographic token.

You earn SWQ when you use the application. SWQ is a crypto-token based on the Ethereum blockchain. Yuh reinvests part of its income in it, so its value increases every month 📈.

• Swissqoins can be exchanged for cash at any time
• You can offer them to friends who are YUH customers
• You can also keep your Swissqoins and wait for them to gain value.

The app. Yuh Bank is a complete solution well-suited to life in Switzerland: a free account in CHF and EUR, a free Mastercard, a CH IBAN, and eBill payments. This offer makes it one of the best options in and around Switzerland, as it is open to cross-border workers and non-residents.

✔︎ As it’s entirely free, you can open an additional account with another app. to enjoy the benefits of each and compare banks in their real-world use.

Yuh vs Neon

Yuh allows you to pay in multiple currencies without changing cards, withdraw in EUR, and invest directly in ETFs or stocks. However, it doesn’t support LSV, nor some complex QR bills, and doesn’t offer a personal EUR IBAN. For a cross-border worker or someone juggling CHF and EUR, Yuh offers more flexibility than Neon. But for 100% Swiss usage, Neon remains more reliable for daily use.

Also read

For a detailed comparison, criterion by criterion: check our complete analysis of Yuh vs Neon.

To be preferred if…

• if you stay in Switzerland, with CHF payments, QR bills, and need for clarity: Neon (read Neon review and test)
• if you receive or spend in EUR, travel, or want to invest easily: Yuh

To avoid if…

• you use TWINT regularly
• if you receive payments in foreign currencies on a personal account
• if you depend on local services like LSV

Yuh vs Revolut

Revolut covers more international features, with better multi-currency support, competitive exchange rates, and more flexibility for payments abroad. However, the lack of a personal Swiss IBAN, incompatibility with QR-bills, and the inability to use TWINT make its daily use in Switzerland constraining.

Yuh bank, even with fewer global options, remains more balanced for regular use in CHF, while offering accessible investment functions.

Also read

For a detailed comparison, criterion by criterion: consult our complete analysis of Yuh bank vs Revolut.

To be preferred if…

• if you live in Switzerland and want a solution capable of managing local expenses and some investments: Yuh
• if you travel often, pay in multiple currencies, or look to optimize exchange fees: Revolut (read Revolut review and test)

To avoid if…

• if you need a personal CH IBAN to receive a salary or make official payments
• You use TWINT daily
• if you’re looking for a simple interface without changing conditions depending on days or amounts

Yuh vs Zak

Zak is better integrated into the Swiss banking environment: QR-bills, LSV, native TWINT, everything is in place for simple local use. But as soon as you leave the CHF zone, the limitations become visible: no multi-currency, fees on EUR withdrawals, no access to investment.

Yuh is less comprehensive for automatic payments but more versatile for those who alternate between Switzerland and the euro zone, or who want to invest part of their money.

To be preferred if…

• you live in Switzerland and want a simple solution, compatible with TWINT and well integrated into the local ecosystem: Zak (read Zak review and test)
• you travel regularly, receive or spend in EUR, or want to invest easily from the app: Yuh

To avoid if…

• you depend on LSV or native access to TWINT (Yuh doesn’t support them)
• you’re looking for a multi-currency bank (Zak only handles CHF)
• you want an integrated savings or investment tool (non-existent with Zak)

Zak Promo Code

Use promo code KNSGS6 to receive CHF 25 when you open your account.

Free account ✔︎

Receive CHF 25

Yuh vs Alpian

Alpian allows holding multiple currencies (CHF, EUR, USD, GBP) in a single account, with free international transfers and tailored investment management. However, it’s not possible to use TWINT, withdrawals in Switzerland are charged (2 CHF), and the physical card costs 60 CHF.

Yuh bank does not offer wealth management advice, but remains simpler to use for daily payments, mixed expenses in CHF/EUR and small ETF investments.

Also read

For a detailed, criterion-by-criterion comparison: see our Yuh vs Alpian comparison.

To be preferred if…

• you’re looking for a simple tool to manage your payments, save or invest without entry conditions: Yuh
• you have capital to invest and want to benefit from structured human guidance: Alpian (read Alpian review and test)

To avoid if…

• you use TWINT regularly
• you want a free card without fixed fees
• you don’t intend to use the proposed investment functions

Alpian Promo Code

Use the promo code ALPHEY to receive 120 CHF (55 CHF with a deposit of 500 CHF within 30 days of account opening, and up to 65 CHF credit on investment fees).

Free account ✔︎

Receive 120 CHF

Yuh vs N26

N26 offers an efficient Mastercard for use abroad, with no conversion fees and simplified multi-currency management. However, it doesn’t provide a Swiss IBAN, which makes incoming transfers complex (salary, LSV) and prevents paying certain local bills. TWINT is not available.

Yuh bank is less competitive on international payments, but better integrated into Swiss practices and more versatile if you have income in CHF.

To be preferred if…

• you live in Switzerland and need a CH IBAN to receive a salary or pay your bills: Yuh
• you travel a lot or regularly pay in other currencies: N26 (read N26 review and test)

To avoid if…

• you use TWINT for your daily payments
• you need to receive income in CHF reliably
• you want a bank adapted to daily life in Switzerland without workarounds

N26 Promo Code

Use the promo code julienbd1769 to receive EUR 20 when opening your account.

Free account ✔︎

Receive 20 EUR

Yuh vs. Neon vs. Revolut

(See Revolut Switzerland review)

Free bank account	✔︎		✔︎		✔︎
Individual CH IBAN	✔︎		✔︎		✘
Free bank card	✔︎		✘		✘
Withdrawal in Switzerland	✔︎		✔︎		✔︎
International transfers	✔︎		✔︎		✔︎
Traveling abroad	✘		✔︎		✔︎
TWINT	✔︎		✔︎		✘

What do you think of Yuh?

• The App. Has Yuh made your daily banking easier?
• Do you use Yuh as your main account or as a secondary account?
• Is Yuh suitable for your needs abroad?

Share your feedback with all Neo’s friends 😈