25.9.2023

Switzerland's Deposit Market Overview: September 2023

3 min read

Switzerland's Deposit Market Overview: September 2023 provides a concise summary of the current state of the Swiss deposit market, offering insights into interest rates, financial products, and market stability. Discover the latest developments in Switzerland's banking sector and make informed decisions about your deposits.

Today, as per our ongoing commitment, the PickTheBank team diligently tracks interest rates across Europe. We focus on identifying noteworthy rate changes that have occurred in banks over the past year. Our objective is to provide you with valuable insights into the current attractive interest rates available in the market.

In this overview, we shift our gaze to Switzerland, scrutinizing the intricacies of interest rates and their responsive oscillations in light of inflationary trends.

As part of our meticulous review process, we conducted an in-depth examination of the websites of 30 Swiss banks that provide fixed-term deposit interest rates. This rigorous analysis has yielded an all-encompassing database housing 750 products tailor-made for the Swiss market.

Here are the top deposit offers in Switzerland that are current as of today:

🔥Top EUR deposit rates - any term:

Interest rate	Bank	Currency	Term
3.50%	Luzerner Kantonalbank AG	EUR	9 mths	More ->
3.25%	Luzerner Kantonalbank AG	EUR	1 mths	More ->
3.13%	Banca dello Stato del Cantone Ticino	EUR	24 mths	More ->
2.89%	Banca dello Stato del Cantone Ticino	EUR	36 mths	More ->
2.85%	Schaffhauser Kantonalbank	EUR	6 mths	More ->

🔥Top USD deposit rates - any term:

Interest rate	Bank	Currency	Term
5.10%	Luzerner Kantonalbank AG	USD	9 mths	More ->
5.00%	Luzerner Kantonalbank AG	USD	1 mths	More ->
4.95%	Schaffhauser Kantonalbank	USD	12 mths	More ->
4.95%	Luzerner Kantonalbank AG	USD	9 mths	More ->
4.75%	Schaffhauser Kantonalbank	USD	1 mths	More ->

🔥Top CHF deposit rates - any term:

Interest rate	Bank	Currency	Term
2.75%	Cembra Money Bank AG	CHF	120 mths	More ->
2.70%	Clientis EB Entlebucher Bank AG	CHF	108 mths	More ->
2.60%	Clientis EB Entlebucher Bank AG	CHF	96 mths	More ->
2.50%	Clientis EB Entlebucher Bank AG	CHF	84 mths	More ->
2.45%	Clientis EB Entlebucher Bank AG	CHF	72 mths	More ->

Within our extensive database, you'll discover a wealth of deposit rate information originating from over 1,000 banks spanning 25 European countries, offering a diverse spectrum of more than 20,000 financial products.

It's important to emphasize that the mentioned interest rates do not include tax considerations and may not account for variations in interest payment schedules. We highly recommend verifying the most current interest rates and terms directly with the bank before making any final decisions.

For a convenient comparison of all available deposit options, we invite you to visit PickTheBank.eu.