Yuh Bank innovates among Swiss neobanks by offering interest rates of up to 0.50%.
As the account is multi-currency, Yuh offers different rates depending on the currency:
- Positive interest rate of 0.25% on CHF and EUR
- plus 0.50% on USD
on cash assets up to CHF 25’000 (per currency).
Some important points:
- You will receive the interest on your Yuh account on December 31 of each year.
- You always have your money at your disposal at any time (it is not a savings account) so the interest is calculated pro rata for the whole year.
- Interest is calculated separately for each currency (CHF, EUR or USD), it is cumulative!