PostFinance welcomes the increase in the SNB policy rate, which will allow its customers to continue to participate in the positive interest rate environment. As of 1 August 2023, the following interest rates will apply to savings accounts and youth savings accounts in CHF and EUR and to PostFinance vested benefits accounts:
11. July 2023, Press Release
PostFinance increases interest rates on savings and vested benefits accounts again
The Swiss National Bank (SNB) announced on 22 June 2023 that it would raise the policy rate by 0.25 percentage points to 1.75 percent as of 23 June 2023. PostFinance is responding to this change and will raise interest rates on savings and vested benefits accounts once again as of 1 August 2023.
| Account | Interest rate from 1 August 2023 | Current interest rate |
|---|---|---|
| Account Savings account in CHF |
Interest rate from 1 August 2023 0.80% up to CHF 50,000 0.25% over CHF 50,000 |
Current interest rate 0.70% up to CHF 50,000 0.25% over CHF 50,000 |
| Account Youth savings account in CHF |
Interest rate from 1 August 2023 1.10% up to CHF 25,000 0.80% from CHF 25,000 to CHF 50,000 |
Current interest rate 1.00% up to CHF 25,000 0.70% from CHF 25,000 to CHF 50,000 |
| Account Savings account in EUR |
Interest rate from 1 August 2023 0.80% up to EUR 80,000 0.25% from EUR 80,000 |
Current interest rate 0.01% up to EUR 80,000 0.00% from EUR 80,000 |
| Account Youth savings account in EUR |
Interest rate from 1 August 2023 1.10% up to EUR 15,000 0.80% from EUR 15,000 to EUR 80,000 0.25% from EUR 80,000 |
Current interest rate 0.50% up to EUR 15,000 0.01% from EUR 15,000 to EUR 80,000 0.00% from EUR 80,000 |
| Account Vested benefits account |
Interest rate from 1 August 2023 0,20% |
Current interest rate 0,10% |
PostFinance customers will automatically benefit from the higher interest rates from 1 August 2023; they do not have to do anything. If interest rates continue to rise, PostFinance will evaluate further rate increases.