The largest comparison of medium-term notes in Switzerland

What are medium-term notes?

Medium-term notes are fixed-interest securities issued by banks. When you buy a medium-term note, you lend money to the bank and receive interest in return. At the end of the term, you get your money back.

Why medium-term notes?

Medium-term notes are a safe form of investment. Your money is protected with medium-term notes and you receive regular interest. Medium-term notes are ideal if you don't want to risk your money.

Differences to other investments

Medium-term notes differ from shares. Shares can rise or fall in value quickly. The risk is lower with medium-term notes as the interest rates are fixed.

How do I find the best medium-term note?

By comparing medium-term notes from Checkall, you can find the best medium-term note. Our cash bonds comparison lists all relevant interest rate offers. Please note that interest rates can vary depending on the term. Often, the longer the term, the higher the interest rate.

What characterises the comparison for medium-term notes?

The interest rate comparison for fixed-term deposits, medium-term notes and term deposit accounts from Checkall is the most comprehensive independent comparison in Switzerland. The comparison takes into account various currencies (Swiss francs, euros, US dollars), possible bonus credits and costs. You can sort all medium-term notes according to their yield and the desired term. Some medium-term notes have costs such as custody or contract fees, which are automatically displayed and calculated in the comparison.

Comparison of medium-term notes

Interest rates

Interest rates on medium-term notes are important as they determine how much money you earn. Different banks offer different interest rates, so it is worth comparing the offers.

Maturities

The term is the time for which you invest your money. There are medium-term notes with short and long terms. Short maturities are often more flexible, while longer maturities often offer higher interest rates.

Security

Medium-term notes are safe because they are collateralised by the bank. It is advisable to choose a bank with a good credit rating in order to minimise the risk.

Costs

Sometimes there are fees that can reduce the return. Make sure you know all the costs before you invest.

What are medium-term notes?

With a medium-term note, you lend the bank a fixed amount of money for a certain period of time. This type of fixed-interest security is offered by Swiss banks and is not traded on the stock exchange, which means that it is not affected by price fluctuations. The terms vary between one and ten years. The interest rate that you receive when you purchase the medium-term note is fixed in advance and remains unchanged for the entire term.

From what amount can I invest in medium-term notes?

Medium-term notes are often issued in units of 1000 francs. The minimum deposit is usually 1000 francs, but can also be 500 or 5000 francs depending on the bank.

What is the difference between medium-term notes and savings accounts?

Medium-term notes offer higher interest rates for longer terms compared to savings accounts. In contrast to savings accounts, these are fixed-interest securities. While the interest rate on savings accounts can vary at any time, the interest rate on medium-term notes remains unchanged for the entire term. The invested capital is not available during the term of a medium-term note, whereas with savings accounts amounts up to the withdrawal limit can be withdrawn at any time. For amounts above this limit, a notice period of a maximum of six months must often be observed. Medium-term notes therefore offer more planning security, but less flexibility compared to savings accounts.

What distinguishes medium-term notes from fixed-term deposit accounts?

Both medium-term notes and fixed-term deposit and time deposit accounts offer a fixed interest rate for the entire term. Access to the invested capital is only possible again once this term has expired. Although term deposit accounts are not securities, they offer a fixed interest rate similar to medium-term notes. Fixed-term deposits typically relate to terms of less than one year, but there are also fixed-term deposits with longer terms.

Is there deposit protection for medium-term notes?

Yes, medium-term notes are protected by the deposit guarantee scheme. A deposit guarantee of CHF 100,000 per bank and person applies.

Is tax payable on medium-term notes?

Yes, the interest on medium-term notes is fully subject to withholding tax. The federal withholding tax is 35%. A withholding tax exemption limit of CHF 200 applies to fixed-term deposit accounts.