Credit Card Comparison – Find Your Best Credit Card in Switzerland

Choosing the right credit card is one of the most important decisions in the financial field. However, the number of offers and also the comparisons causes confusion for many consumers. We want to change that! Not only do we provide you with a detailed credit card comparison for Switzerland, but we also provide valuable insights to help you find the perfect card for your individual needs.

The Basics of Credit Cards

What is a credit card?

Online payment by credit card

A credit card is more than just a piece of plastic in your wallet. It is a powerful financial instrument that allows you to buy now and pay later. By granting a short-term loan through the card issuer, you can make purchases, avail services, or even withdraw cash without needing or using immediate liquidity.

How do credit cards work?

The principle behind credit cards is simple: every time you use your card, the card-issuing bank lends you money to pay for your transaction. At the end of the billing cycle, you will receive an invoice for your purchases. You can decide to repay the entire amount all at once or in installments , the latter of which will incur interest on the loan.

The different types of credit cards and what makes them stand out

Credit cards come in many different variants, each with its own merits and uses. Here is a brief overview:

  • Standard credit cards: Ideal for everyday use, without specific rewards or discounts.
  • Bonus or Reward Cards: Offer points, miles or cashback on credit card spending.
  • Travel Credit Cards: Ideal for frequent travelers, with perks such as travel insurance and airport lounge access.
  • Business Credit Cards: Designed for the needs of businesses, with dedicated expense reports and rewards programs.

Each type of card has its own criteria and benefits, so it’s important to choose a card that fits your lifestyle and financial goals.

With that in mind, let’s dive deeper into the world of credit cards and find out how to find the best one for you.

The best credit cards in Switzerland at a glance

Choosing the right credit card can be overwhelming, especially with the numerous options available in the Swiss market. To make your decision easier, we have carefully reviewed the best credit cards in Switzerland as part of our credit card comparison. Here’s what you need to know:

Credit Card Test: The Best Credit Cards Compared

The performance of a credit card is determined by various factors, including fees, interest, rewards, and ancillary services. We have analyzed these factors in our card comparison to offer you a selection of the best credit cards tailored to different needs. From offering cashback credit cards, to those geared towards travelers, to premium credit cards, our comparison covers all aspects.

The Best Free Credit Cards

For those looking for a simple, cost-effective option, we’ve also picked the best free credit card in our review. Free cards offer the basic utility of a credit card without paying an annual fee to the credit card company. Some even offer additional benefits such as cashback on your purchases or no fees for foreign transactions.

Best Credit Card Switzerland for Specific Needs

Not every credit card fits every lifestyle. Therefore, we have identified specific categories in which certain credit cards particularly shine:

  • For travel: These cards offer travel insurance, free airport lounge access, and bonus points for flight and hotel bookings.
  • For everyday use: Ideal for everyday use, with cashback on supermarket purchases and petrol station visits.
  • For online shopping: Special offers and discounts at selected online retailers, as well as increased protection for online transactions.
  • Prepaid credit cards: In some use cases, it may make sense that credit cards must first be “topped up” with money. This is called a “prepaid” credit card. Only the money that has been deposited into it can be spent here.

Each of these types of cards has unique advantages that make them ideal for the mentioned applications. By analyzing your personal preferences and habits, you can choose the card that will give you the most benefit.

With this overview, we hope to have given you a clear starting point for your search for the perfect credit card. The right choice depends on your individual needs and financial goals. In the next section, we’ll take a closer look at the costs and fees that play an important role in choosing your credit card.

Costs and Fees: A Deciding Factor

Comparison of several credit cards on top of each other

When comparing credit cards, the costs and fees associated with using the card are crucial factors. These can have a significant impact on the overall value of the card to you. Here is an overview of the most important cost types:

How much does it cost to pay by credit card in Switzerland?

There may be various fees associated with the use of a credit card, including:

  • Renewal fees: Some credit cards charge an annual usage fee, which varies depending on the card and services offered.
  • Transaction: Purchases in foreign currencies may incur fees, typically a percentage of the transaction amount.
  • Cash Withdrawal Fees: Withdrawing cash with your credit card can be expensive, as it often incurs fees and high interest rates from the date of withdrawal.

Fee-free credit cards: which one is the best?

Fee-free credit cards, which don’t charge an annual usage fee, are particularly attractive to users who want to use the basic features of a credit card at no extra cost. Some of these cards offer additional benefits such as cashback or no foreign currency fees, making them even more valuable.

Additional costs: Assignment abroad and more

In addition to the usual fees, you should also pay attention to costs incurred when using your card abroad or for special services:

  1. Foreign Transaction Fees: These are collected when you use your card for payments outside Switzerland.
  2. Costs for special services: These include fees for replacement cards, late payments, or credit line overdrafts.

To get the best terms, it’s important to take a close look at each credit card’s fee structure and match it to your own usage habits. A thorough comparison can help you find a card that suits your needs without incurring unnecessarily high costs.

With a clear understanding of the costs and fees associated with different credit cards, you’ll be well-equipped to make an informed decision. In the next section, we’ll dive deeper into the topic and answer some of the most common questions you may have when it comes to credit cards in Switzerland.

FAQ: Frequently asked questions about credit cards in Switzerland

When looking for the ideal credit card, numerous questions often arise. Here we answer some of the most common concerns to help you make better-informed decisions.

How many credit cards can you have in Switzerland?

In Switzerland, there is no legal limit on the number of credit cards a person can hold. However, it is important that you are able to stay in control of your finances and pay your bills on time to avoid any negative impact on your credit score.

Which toll-free credit card is the best?

The “best” fee-free credit card depends on your individual needs and usage habits. Some cards offer additional benefits such as cashback or travel insurance, while others offer a simple structure at no extra cost. Compare the available options to find the card that suits you best.

Are 2 credit cards bad for the credit bureau?

Switzerland does not use the Credit Bureau, but ZEK (Central Credit Information) to manage credit information. Owning multiple credit cards in itself does not have a direct negative impact on your ZEK codes or credit cards. Your credit score, as long as you pay your credit card bills on time and don’t build up excessive debt.

What do I need to look for in a credit card?

Important factors include annual fees, interest rates for installments, fees for foreign transactions, cashback or bonus programs, as well as additional benefits such as travel insurance.

Is it possible to pay with a German credit card in Switzerland?

Yes, you can pay with a German credit card in Switzerland, but fees may apply for foreign assignments.

Which credit cards are accepted in Switzerland?

Most international credit cards such as Visa, Mastercard and American Express are accepted in Switzerland.

With these answers, we hope to have clarified some of your questions. Credit cards offer a variety of benefits and features tailored to different needs. In the next section, we’ll take a look at the different credit card providers and brands in Switzerland to give you a more comprehensive overview.

Credit Card Providers and Brands in Switzerland

The choice of credit cards in Switzerland is large and varied, with each brand and provider offering its own unique benefits. Understanding the key players in the market can help you make the best choice for your financial needs.

Overview of credit card brands

The best credit cards in Switzerland

In Switzerland, the most widely used credit card brands are Visa, Mastercard and American Express. Each of these brands offers a wide range of card options, from basic versions with no annual fee to premium cards with extensive rewards programs and insurance benefits.

  • Known for their global acceptance and security, Visa and Mastercard offer a variety of cards that cater to different customer segments.
  • American Express, often known as Amex, stands out for its own rewards system and exclusive offers for cardholders.

Comparison of credit card providers

In addition to credit card brands, there are several banks and financial institutions in Switzerland that issue their own credit cards. These include, but are not limited to:

  • UBS and Credit Suisse offer a wide range of credit card solutions for private and business clients with various loyalty programs and additional benefits.
  • PostFinance offers cards that are specifically tailored to the needs of customers who want easy management of their finances, with attractive conditions for day-to-day banking.
  • Cantonal banks and Raiffeisen banks in different regions offer localized credit card offerings tailored to the communities in which they operate.
  • Neobanks and fintech companies such as Revolut and N26 offer innovative credit card options with low fees and useful budgeting tools.

When comparing the different providers, it’s important to consider the annual fees, interest rates, rewards programs, as well as additional benefits such as insurance and access to exclusive events:

Credit card nameAnnual feeBonusSpecial perksInsurancesParticularities
BonusCard Classic50% Off First Annual FeePay & withdraw money worldwideAlso available as a prepaid credit card, Apple & Google Pay
LibertyCard VisaHalf an annual fee for the first yearEarn miles with every francBasic insurance package, Apple Pay & Google Pay
SimplyCard VisaLow annual feeCashless payments and withdrawals worldwideAvailable as a prepaid card or credit card, Apple Pay & Google Pay
Blackcatcard Prepaid MastercardFree5% cashback on Google Play Market and 2% on AmazonFree Worldwide Delivery
LibertyCard Prepaid Visa50% discount for the first yearEarn points/miles with every franc spentPrepaid Credit Card, Apple Pay & Google Pay
neon green Mastercard10 francs starting credit with the code ‘reisetopia’CO2-neutral account, sustainable wooden cardTransfers to 40 currency areas
American Express Green Card1st annual fee for free1 Membership Rewards point for every 2 francs spentTravel & Accident Insurance, Shopping Insurance
neon metal Mastercard10 francs starting credit with the code ‘reisetopia’Free cash withdrawals worldwide, Exclusive insurance packagesTransfers to 40 currency areas
American Express BlueHalf annual feeBenefits via American Express Selects, insurance package includedMobile Payment Options
BonusCard Visa Exclusive50% Off First Annual FeeDetailed insurance package, Earn multiple points with every franc spentApple & Google Pay available
BonusCard Gold Visa50% Off First Annual FeeTravel insurance included, earn points with every franc spentApple & Google Pay available
Migros Visa FreeNo annual feeCollect Cumulus points with every franc of sales, travel interruption insurancePurchase insuranceMobile Payment Options
Credit Suisse Bonviva Gold DuoIntegrated into the Bonviva Platinum Banking packageEarn miles with every franc of spending, insurance package includedAmerican Express with Mastercard / Visa (selectable)
Migros Cumulus VisaFree credit card – no annual feeNo foreign currency fee, collect Cumulus points with every franc spentTravel Insurance
Credit Suisse Bonviva Platinum DuoIntegrated into the Bonviva Platinum Banking packageEarn miles with every franc of spending, Comprehensive insurance package24-hour concierge service, priority pass included
Coop Supercard Credit CardNo annual feeCollect Superpoints with every franc of sales, travel and flight accident insuranceMobile Payment Options
Credit Suisse Bonviva Silver DuoIncluded in the Bonviva Silver Banking packageEarn miles with every franc of turnover, transport accident insuranceAmerican Express with Mastercard / Visa (selectable)
Hilton Credit Card5,000 points (= 1 free night) as a bonusComplimentary Hilton Honors Gold Status, Discount on Food & Beverage at HiltonOptional insurance package with strong benefits
UBS Prepaid Credit CardEarn miles thanks to UBS KeyClubNo credit check, from 12 years, Fast top-up from UBS account
Visa PlatinumPriority Pass included, reduction of the annual fee due to salesComprehensive insurance packageAvailable in Swiss francs, euros and US dollars
N26 Standard MastercardPermanent with no annual feeFree Payments Worldwide, Smart Online BankingFree cash withdrawals
Swiss Miles & More Classic DuoHalf annual fee in the 1st year12,000 Miles & More MilesEarn miles with every franc spentTravel Comfort, Transport AccidentStop mileage expiration
American Express Platinum CardHalf annual fee in the 1st year60,000 PointsAnnual Travel Credit, Lounge Access, Points Earning
Swiss Miles & More Gold DuoHalf annual fee in the 1st year15,000 Miles & More MilesEarn miles, high acceptanceInsurance package includedStop mileage expiration
Travel Prepaid MastercardNo annual feeNo foreign currency charges, available in EUR, USD, CHFFast charging via app
American Express Gold CardHalf annual fee in the 1st year30,000 Membership Rewards pointsEarn points, two complimentary lounge entries100 francs dining credit per year
Swiss Miles & More Platinum DuoHalf an annual fee for free20,000 Miles & More MilesSwiss First Class check-in, comprehensive insurance packageComprehensive insurance packageStop mileage expiration
neon free MastercardFreeTransfers to 40 currency areas, payment with eBill10 francs starting credit, free Mastercard debit card
Poinz Swiss Loyalty CardNo annual feeUp to 1 percent cashback worldwideAdditional cards free of charge
Zak Visa DebitFree50 francs starting creditMobile payments with Google Pay, Apple PayPay for free worldwide
Yuh MastercardFree50 CHF Trading CreditsPayment with eBill and TWINTFree Mastercard debit card, 13 currencies
Swisscard Cashback CardsFreeUp to 100 francs starting bonusCashback refund for each paymentDuplicate Amex & Visa/Mastercard cards
Wise Card Credit CardNo annual feeSingle account for 50+ currencies, Apple Pay and Google PayQuick account opening
Cornèrcard Miles & More Combined Offer GoldHalf annual fee in the 1st year20,000 Miles & More MilesEarn miles with every franc spentUnlimited validity of Miles and More miles

Choosing the right credit card provider and brand depends on your personal and financial needs. Do you want a simple card for everyday purchases or a premium card with extensive additional services? The answers to these questions will help you make an informed decision.

In the next section, we’ll take a closer look at the benefits and loyalty programs that can help you get the most out of your credit card.

Benefits and Bonus Programs

Choosing a credit card isn’t just based on cost. Benefits and loyalty programs play a crucial role in how valuable a card can be to the cardholder. Here are some of the key benefits that credit cards can offer and how to get the most out of them.

Credit cards with the best loyalty programs

Loyalty programs reward you with points, miles or cashback for using your credit card. The most attractive programs offer:

  • Cashback: A refund of a percentage of your expenses, directly to your credit card account or as a credit.
  • Points Programs: Earn points for every franc spent, which can be exchanged for goods, services or airline miles.
  • Travel miles: Perfect for frequent travelers, these cards earn miles that can be redeemed for airline tickets, upgrades, and other travel services.

The best choice depends on your personal spending habits and preferences. Some cards offer flexible reward options that allow for a combination of these benefits.

Additional credit card services

In addition to bonus programs, many credit cards offer other benefits that can increase their value:

  • Travel insurance: Many credit cards include travel insurance benefits, such as cancellation and travel medical insurance, which provide additional protection while traveling.
  • Purchase insurance: Protection against theft, damage or loss of goods purchased with the card.
  • Access to airport lounges: Premium credit cards often offer free or discounted access to airport lounges worldwide.
  • Exclusive offers and discounts: Partnerships with retailers, restaurants, and other service providers provide cardholders with special discounts and offers.

These add-ons can be especially valuable if they are tailored to your specific needs and lifestyle. Similar to comparing loans , it is also worth carefully comparing the offers of different cards to find the one that gives you the most benefit.

Choosing the right credit card with the right benefits and rewards programs can be a great way to get value out of your day-to-day spending. However, be sure to read the terms and restrictions of these offers to make sure they meet your expectations.

Now that we’ve looked at the different benefits and rewards programs that credit cards can offer, let’s next turn to the security aspects and protections that are important for credit card holders.

Credit Card Security and Safeguards

In an age where online transactions are ubiquitous, credit card security is more important than ever. Fortunately, modern credit cards offer a variety of security features that protect your financial assets and personal information.

Insurance and protection

Many credit cards include insurance and protection, which can provide a valuable safety net in unexpected situations:

  • Fraud Protection: Almost all credit cards offer fraud protection, which protects you from unauthorized transactions. If your card is stolen or has fraudulent activity , you are usually not responsible for these expenses.
  • Limitation: Many providers limit your liability in the event of theft or loss of your card, provided you report the incident in time.
  • Travel insurance: This can provide protection in the event of trip cancellation, trip interruption, loss of baggage and other unforeseen events.

Tips for using credit cards safely

In addition to the security measures built in by the providers, there are also steps you can take yourself to increase your credit card security:

  1. Regularly monitor your account activity: Keep an eye out for unusual transactions and report them to your credit card provider immediately.
  2. Use strong passwords and two-factor authentication: Secure your online accounts with strong, unique passwords and, if possible, enable two-factor authentication.
  3. Be careful when shopping online: Only use your credit card on trusted websites and make sure your connection is secure (HTTPS).
  4. Keep your credit card information safe: Never share your card details openly and keep physical cards in a safe place.

Combining these security measures with the protection provided by your card can ensure a high level of security and protect you from financial loss.

In the next section, we’ll go over the acceptance and uses of credit cards to give you a complete overview of how and where to use your card, both in Switzerland and internationally.

Acceptance and possible applications

The acceptance of credit cards has increased worldwide, and the flexibility they offer makes them an essential financial tool for many people. However, there are still differences in acceptance and uses, depending on the map and the location. Here’s an overview of what you should know.

Credit card acceptance in Switzerland and abroad

Credit cards are widely accepted in Switzerland, from supermarkets and restaurants to online stores. Visa and Mastercard are accepted almost everywhere, while American Express and Diners Club can be used in slightly fewer stores. If you’re traveling abroad, it’s good to know that Visa and Mastercard enjoy almost worldwide acceptance, making them a great choice for travelers.

Mobile payment services and credit cards

The integration of credit cards with mobile payment services such as Apple Pay, Google Pay, and Samsung Pay has made the use of credit cards even more convenient. These services allow you to securely store your credit card in your smartphone and make payments with a simple touch or facial recognition. The adoption of mobile payments is growing both in Switzerland and internationally, making it a convenient option for fast and secure transactions.

Applying for Credit Cards: A Guide

Applying for a credit card is a relatively simple process, but there are some important steps and considerations.

The credit card application process

  1. Comparison of options: Start with a thorough comparison of available credit cards to find the one that best suits your needs.
  2. Review of requirements: Make sure you meet the card’s requirements, such as minimum income and credit score.
  3. Submission of the application: You can submit your application online, by mail, or sometimes in person at the bank. You will need to provide personal information, proof of income, and sometimes other documents.
  4. Waiting for approval: After verifying your details, the provider will decide whether you will be approved for the card. This can take anywhere from a few days to a few weeks.

Requirements for a credit card in Switzerland

  • Minimum age: As a general rule, applicants must be at least 18 years old.
  • Income: Many cards require a minimum income to ensure you’re able to pay your credit card bills.
  • Residence: You often have to be able to prove that you have a permanent residence in Switzerland.
  • Good Credit Score: Your credit history should not have any significant negative entries.

Conclusion: How to choose the right credit card?

Choosing the right credit card depends on a number of personal factors, including your financial habits, needs, and goals. Consider each card’s annual fees, interest rates, rewards, and security features to make a decision that suits your needs. Remember that a credit card is a tool that, if used responsibly, can increase your financial flexibility and provide valuable benefits. If you have any questions, we will be happy to answer them by e-mail. Write to info@kredit-vergleich.ch .