Neon Bank Review + 20 CHF Promo Code in November 2023
Account opening | 8 |
---|---|
Usability | 9 |
Features | 8 |
Credit Card | 8 |
Plans & Pricing | 9 |
Speed | 9 |
Customer Service | 8 |
November 2023 Neon Bank Promo code: Receive 10 CHF + FREE Debit Card (10 CHF value) when opening your Neon account with the promo code FR4FYL
This is a total value of 20 CHF, since you get 10 CHF in cash on your account and save 10 CHF for the Debit card 🙌
neon (or neon-free) is a swiss neobank allowing swiss residents to open a mobile bank account and benefit from services offered by the bank from a mobile application.
The account opening is entirely done through the mobile app.

Description
Neon Bank: The independent Swiss neobank
Neon is a Swiss neobank that offers banking services accessible via a mobile application. Created in 2018, Neon aims to offer a modern and simplified banking experience for its customers.
All you need to do is be a Swiss resident – regardless of nationality – to open an account with Neon Bank.
Neon Bank currently offers 3 types of mobile bank account in CHF:
- neon free: the free account
- neon green: CHF 5/month
- neon metal: CHF 15/month
Each account comes with the following benefits:
- 100% account management via iPhone or Android app
- Free payments in Switzerland in CHF
- MasterCard
We have tested the Neon Bank app for you and compared the fees in detail.
Opening an account at Neon Bank – 8/10
Neon allows you to open a free mobile account from your smartphone.
What are the account opening conditions
- Be at least 16 years old (15 years old with Zak)
- Living in Switzerland
- Have a smartphone compatible with the app
- No proof of income required
- No minimum opening deposit
- No minimum balance to maintain
You can absolutely use Neon Bank to receive your salaries and make bank transfers in Switzerland or abroad. The Neon accounts are located at Hypothekarbank Lenzburg AG. This has a banking license and therefore guarantees deposits (up to CHF 100,000).
How to open your neon-free account at Neon Bank
Opening an account with Neon Bank begins in the app:
- Download the Neon app in the App Store or Google Play
- Answer the questions
- Verify your identity
- It’s done! Your account is open 🙌
Neon Bank Promo Code
Don't have a Neon Bank account yet? Use our referral code to open your free Neon Bank account!
Use the promo code FR4FYL before 30 November 2023 to get CHF 10 + FREE Debit Card (10 CHF value) 🙌
This is a total value of 20 CHF, since you get 10 CHF in cash on your account and save 10 CHF for the Debit card.
Get CHF 10 Free with Neon ➡️
Here are the different steps for opening an account at Neon Bank:
The App is available in French 🇫🇷 German 🇩🇪 Italian 🇮🇹 and English 🇬🇧
#1 You enter your personal information after the welcome message
If you do not have Swiss nationality, customer service will ask you – after opening – for a copy of your B permit (or C) by email.
#2 You confirm your email address
#3 You enter promo code FR4FYL and choose your plan (neon-free is free)
#4 You accept the terms and conditions
#5 And finally, you verify your identity through video
The Neon Bank account allows you to carry out all standard operations (transfers, direct debits, etc.) like any bank account Switzerland.
neon-free offers a Debit MasterCard which costs 10 CHF or free with the promo code FR4FYL and as with all Swiss banks, you receive two letters: one for the card and one for the PIN code.
That’s a lot of paper compared to neobanks like N26 or Revolut who send only 1 letter with a nice packaging.
Here is for example the mail N26:
Our opinion on opening a Neon Bank account
- Very fast opening in 10 minutes
- No income requirement
- Swiss Banking License
- Account in CHF
- Opening is slower if you need to prove your residency
We appreciate the simple and quick opening of the account, even if we would have liked more luxurious packaging.
-2 points
Usability of the Neon Bank application – 9/10
The Neon Bank app is modern and intuitive.
It is an application worthy of the best neobanks like N26 or Revolut:
- The application is fast and smooth,
- The menus are clear and well organised
- Essential functions accessible directly
The Neon app is rated 4.6 on the Apple Store (4.5k reviews) and 4.5 on Google Play (6.5k reviews). These ratings are good without being exceptional, but opinions converge to confirm a good user experience.
We still subtract 1 point because the connection to the application is sometimes slow, or even not possible at certain times.
Neon Bank app features – 8/10
Being a neobank, Neon Bank offers most of its services via the mobile application:
- Consult your banking transactions
- Enter transfers or standing orders
- Using eBill
- Paying with TWINT
- Scan and download invoices in Swiss format
- Block and replace bank card for free
- Change card PIN
- Update their phone number and personal information
- Create sub-accounts (Spaces)
- Trading of Stocks and ETFs
- …
Here is what is missing:
- No dedicated TWINT application (like Yuh TWINT)
- No virtual bank card (such as N26 or Revolut)
- No settings for MasterCard card limits, beyond the max. monthly
- Not possible to share sub-accounts with individual IBANs (Spaces)
The function for scanning QR codes or invoices in Swiss format is very practical. A real plus compared to Revolut.
Neon Bank Promo Code
Don't have a Neon Bank account yet? Use our referral code to open your free Neon Bank account!
Use the promo code FR4FYL before 30 November 2023 to get CHF 10 + FREE Debit Card (10 CHF value) 🙌
This is a total value of 20 CHF, since you get 10 CHF in cash on your account and save 10 CHF for the Debit card.
Get CHF 10 Free with Neon ➡️
Card settings are too limited
If like Revolut or N26 it is possible to temporarily lock the card but it is not to change the card limits.
So if the essential features are present, the comfort options are missing.
Neon app features get an 8/10Neon Bank bank card – 8/10
neon-free offers a Debit MasterCard which costs 10 CHF or free with the code FR4FYL
The Neon Bank card is great for traveling and is compatible with Apple Pay, Google Pay and Samsung Pay.
It is red and delivered in a normal envelope:
The Neon MasterCard is great for traveling and is compatible with Apple Pay, Google Pay and Samsung Pay.
Neon gets an 8/10 for the cardNeon Bank fees – neon-free – 9/10
The neon-free plan is free.
Neon being a neobank based in Switzerland, prices are displayed in CHF- From: 0 CHF/month
- Account management: via iPhone or Android mobile application
- Bank card: Debit MasterCard
MasterCard
Neon does not offer a Maestro card, only a free MasterCard. It is red, which is in line with the “flashy” colour trend offered by other neobanks.
Card replacement is charged 20 CHF.
Cash withdrawals in Switzerland in CHF
- 2 free withdrawals per month, then CHF 2.00 / withdrawal
- Withdrawal limit of CHF 10,000 per month
Neon Bank Promo Code
Don't have a Neon Bank account yet? Use our referral code to open your free Neon Bank account!
Use the promo code FR4FYL before 30 November 2023 to get CHF 10 + FREE Debit Card (10 CHF value) 🙌
This is a total value of 20 CHF, since you get 10 CHF in cash on your account and save 10 CHF for the Debit card.
Get CHF 10 Free with Neon ➡️
Cash withdrawals in Switzerland in EUR
- 1.5% fee
- Withdrawal limit of CHF 10,000 per month
Cash withdrawals abroad
- Neon uses the Mastercard interbank rate but applies a 1.50% exchange fee
International transfers
Neon uses the services of WISE for all money transfers abroad. WISE is renowned for offering excellent exchange rates, but Neon applies a 0.40% surcharge on each transfer, making transactions less competitive with fees between 0.8% and 1.7 %.
For a transfer CHF to EUR, Neon applies a fee of 0.9%, or approximately 0.5% pour Wise and 0.4% for Neon
Neon Bank fees: neon green
neon green is the eco-premium version of neon: this plan is billed 5 CHF/month and allows you to have the free MasterCard card with free delivery.
The other benefits of neon green are non-financial, this plan will not reduce any other costs to you. The focus is on the ecological footprint and CO2 compensation:
A carbon neutral account.
In partnership with myclimate your neon green account is completely carbon neutral from the start.
Spend and compensate.
For every CHF 100 you spend with your card, we plant a tree for you. And we will plant 5 additional trees every month: offsetting the annual CO2 consumption of an average person in Switzerland. From the first moment, you have a positive impact on the climate!
The neon-green card replacement is charged 20 CHF.
Neon Bank fees: neon metal
neon metal is the premium version of Neon Bank, the plan is billed 15 CHF/month.
This plan has all the benefits of the other plans:
- Free MasterCard debit card in metal!
- Free Delivery of MasterCard Debit Card
As well as fee reductions on withdrawals:
- 5 free withdrawals per month (instead of 2), plus 2 CHF
- free withdrawals abroad, instead of 1.5%
On the other hand, a replacement card will be charged 120 CHF instead of 20 CHF.
Consult the Neon prices on their website
Why subscribe to neon metal
Beyond the possible prestige that a metal card provides, neon metal is interesting if you often withdraw in Switzerland or abroad.
To make the 15 CHF/month profitable, for example, you will have to:
- 5 withdrawals in Switzerland (CHF 6 advantage) and CHF 600 withdrawals abroad (CHF 9 advantage)
- or 1000 CHF of withdrawals abroad (15 CHF advantage)
This account is therefore intended for those who often withdraw cash in Switzerland and abroad.
Neon gets 9/10 rating for pricing
Neon Bank Promo Code
Don't have a Neon Bank account yet? Use our referral code to open your free Neon Bank account!
Use the promo code FR4FYL before 30 November 2023 to get CHF 10 + FREE Debit Card (10 CHF value) 🙌
This is a total value of 20 CHF, since you get 10 CHF in cash on your account and save 10 CHF for the Debit card.
Get CHF 10 Free with Neon ➡️
Speed of transactions – 9/10
A transfer from a Swiss bank to another Swiss bank is very fast, but it depends on the schedule: if you make your transfer in the morning, it arrives in a few minutes, but if you make it afternoon, it arrives the next day.
There is no instant transfer option like “Beam” at N26 or “Pay a friend” at Yuh, which allows you to pay another account in seconds from telephone number.
“Pay a friend” at Yuh[/caption ]
The system of push notifications allows you to be alerted in real time of any movement on the account.
This is a score of 9/10 on this criterionNeon Bank Customer Service – 8/10
Unlike N26, Neon does not offer Livechat with a natural person, but a contact email and a non-surcharge telephone number open Monday to Friday, from 8:00 a.m. to 5:00 p.m.
The customer support offered by phone is very good and the advisers respond quickly.
At N26, the LiveChat is immediately available over a very long time slot (until 11:00 p.m.). The virtual assistant usually makes you wait less than a minute and then a human takes over.
We believe that Neon should follow the example of N26 and integrate support available directly in the application.
The mission of the neobank is not fulfilled on this point. On the other hand, responses are quick and negative opinions on the App Store or Google Pay systematically receive responses.
We rate 8/10 for customer serviceWhy open an account with Neon Bank?
Neon offers a free CHF account, MasterCard debit card and a neatly designed app.
This offer positions Neon directly in competition with N26 and Revolut,
Neon Bank Promo Code
Don't have a Neon Bank account yet? Use our referral code to open your free Neon Bank account!
Use the promo code FR4FYL before 30 November 2023 to get CHF 10 + FREE Debit Card (10 CHF value) 🙌
This is a total value of 20 CHF, since you get 10 CHF in cash on your account and save 10 CHF for the Debit card.
Get CHF 10 Free with Neon ➡️
Neon vs Yuh – Which is the best for Switzerland
Use this chart to quickly decide if Neon or Yuh is better for your use case:
Use | Yuh | Neon |
---|---|---|
Free bank account with free debit card | 👍 | |
To use in Switzerland | 👍 | |
To travel abroad | 👍 | |
To make free SEPA transfers | 👍 | |
To transfer money abroad | 👍 | |
For Trading | 👍 250 SWQ+50 CHF Trading Credits with our promo code |
To find out how each criterion is judged, read our article Neon vs Yuh – Comparison of November 2023
Neon vs Revolut – Which is the best account for traveling
Use this chart to quickly decide if Neon or Revolut is better for your use case:
Use | Neon | Revolut |
---|---|---|
Free bank account with free debit card | 👍 using our promo code below | |
To use in Switzerland | 👍 | |
To travel abroad | 👍 withdrawals above 300 CHF | 👍 up to 300 CHF/m. |
To make free SEPA transfers | 👍 | |
To transfer money abroad | 👍 | |
For Trading | 👍 |
To find out how each criterion is judged, read our article Neon vs Revolut – Comparison of November 2023
Neon vs N26 – Which is the best account for the EURO zone
Use this chart to quickly decide if Neon or N26 is better for your application:
Use | Neon | N26 |
---|---|---|
Free bank account with free debit card | 👍 | |
To use in Switzerland | 👍 | |
To travel in Europe | 👍 | |
To travel abroad | 👍 | |
To make free SEPA transfers | 👍 | |
To transfer money abroad | 👍 | 👍 if you hold EUR |
For Trading | 👍 Crypto |
To find out how each criterion is judged, read our article Neon vs N26 – Comparison of November 2023
Additional information
Specification: Neon Bank Review + 20 CHF Promo Code in November 2023
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Jean Valjean –
Very disappointed. I made a payment that was refused because I couldn’t enter the SMS code. And guess what. Funds weren’t refunded to my account and I am fighting since once week to have my money back.
At first they said I have to wait some days, I waited more than one week but nothing happens.
Second time they told me that my funds were effectively paid to the receiver. So I write to him and he provides me document proof that he doesn’t get the funds and that the payment was refused.
Third time Neon told me that they aren’t sure that they could refund me because there’s an information (that is totally useless) that is missing for them on the documents to refund me !
A real mess !! Never go to neon. I recommend you Cler Zak which is a real bank with real qualification. And they aren’t talking to you like you are a child (what neon is doing !).
Never ever again !