The largest fixed-term deposit comparison in Switzerland

What is a fixed-term deposit?

Fixed-term deposits are investments where you invest a fixed amount for a certain period of time. During this time, you receive fixed interest. The interest rate remains the same for the entire term, which makes fixed-term deposits a safe and predictable investment.

Advantages of fixed-term deposits

• Security: Your money is protected by the bank.
• Predictable interest: You know exactly how much interest you will receive.
• No fluctuations: Interest rates remain the same, no matter how the market develops.

Current interest rates in Switzerland

The interest rates for fixed-term deposits vary depending on the term:

• 3-12 months: 0.1% to 0.5%
• 1-3 years: 0.5% to 1.0%
• More than 3 years: 1.0% to 1.5%

How to find the best fixed-term deposit interest rate

To find the best fixed-term deposit interest rate, use the fixed-term deposit comparison on Checkall. The fixed-term deposit comparison shows you all relevant offers for your needs. Please note that interest rates can vary depending on the term. As a rule, the longer the term, the higher the interest rate.

What characterises the fixed-term deposit comparison?

The comparison for fixed-term deposits on Checkall is the most comprehensive and accurate in Switzerland. The fixed-term deposit comparison takes into account interest rates as well as any costs and special conditions. In addition to fixed-term deposits, the fixed-term deposit comparison also shows term deposit accounts and medium-term notes, which also offer fixed interest rates for the defined term.

What are fixed-term deposits?

Fixed-term deposits offer a fixed interest income for the selected term. The interest rate does not change during the entire term. Swiss banks generally refer to fixed-term deposits as term deposits with a term of up to one year. However, there are also fixed-term deposits with terms of more than one year.

Difference between fixed-term deposits and savings accounts

Fixed-term deposits often offer slightly higher interest rates than savings accounts for longer terms. However, you cannot withdraw the money during the term without penalty fees. Unlike savings accounts, the interest rate on fixed-term deposits does not change during the entire term.

Is there deposit protection for fixed-term deposit accounts?

Yes, fixed-term deposits are protected by the deposit guarantee scheme. In Switzerland, deposits of up to CHF 100,000 are protected. New providers also offer fixed-term deposit accounts in co-operation with foreign banks. The names and countries of the respective product banks are shown transparently in the comparison. In the EU, a deposit guarantee of 100,000 euros per customer and bank applies.

Are taxes payable on fixed-term deposits?

Fixed-term deposit accounts are subject to a withholding tax exemption limit of CHF 200.

How to open a fixed-term deposit account

1. Compare offers: Look at the interest rates of different banks.
2. Choose term and amount: Decide how long you want to invest your money and how much.
3. Open an account: Go to the bank of your choice and open a fixed-term deposit account.
4. Invest money: Invest your money and wait until the end of the term.