Top up in Switzerland


#1

Topping up while been in Switzerland is tricky. If you top up by credit card there is a fee. If you top up via bank transfer to the U.K. account also includes a fee transferring money to other European countries does not.

Usually a debit card is not issued by banks what is issued though is a withdraw card (Plus). Please consider enabling payments to Swiss accounts or accepting PostFinance PLUS debit card. Thank you.


#2

I toped up with a credit card and got 1% fee.

Is your revolut account working in switzerland ?
Are you swiss ?


#3

1% is too much either I top up for free or not use it.

Yes it works in Switzerland


#4

I agree. It would be nice to avoid the 1%

But I used it to buy something in USD yesterday via PayPal -
Without resolut PayPal would use my Swiss credit card and debit in CHF taking a nice profit. By asking PayPal to use my resolut MasterCard and bill in USD I save 4% over the rate PayPal would have used

So 4% saving with 1% cost - net 3% saving. I’m happy.

I’d be happier if I could top up in CHF for 0% though - to be clear :slight_smile:

Terry


#5

Did someone ever tried to top up via bank transfer ?

what’s the fee for this ?

With SEPA there is a 0.30 chf fee but the transfert must be done in Euro.
So I have to convert it before send it and I lose arround 1,5% with swissquote.

Any other solution ?


#6

I tried with PostFinance and I had to pay 2 CHF fee to transfer 500 CHF without converting to EUR.


#7

Lucas, I’m with Swissquote as well. I transferred 100CHF and no extra fees were charged (only 2CHF for the transfer) after that I transferred 5000CHF and then 25CHF was deducted by the intermediaries so in case of swissquote it depends on the amount.


#8

Ok thanks for the answer,
So I will do it with swissquote.

Do you know the maximum amount before it change from 2CHF to 25CHF ?


#9

I topped up 10.- and got charged 21.- by my bank. Revolut is simply not usable in Switzerland for now.


#10

Unfortunately not. I only made these 2 transfers so far.


#11

Using UBS I get charged 5 CHF for swiss francs when I choose all charges to the receiver.
If I transfer Euro it’s 0.30cts, but you have to convert to Euros.


#12

with BCV I paid 6 frs on a 5000 fr transfer. I selected “shared” expenses. It’s a flat fee


#13

Post finance sent 1000 chf paid 8 chf fees although it was saying 2. Will not use it again.


#14

The total fee for sending money from PostFinance to Revolut through SWIFT is the following:

  • 1-150 CHF = 2 CHF charged by PostFinance (total: 2 CHF)
  • 151-10000 CHF = 2 CHFcharged by PostFinance + 6 CHF taken from the amount sent (total: 8 CHF)
  • 10001-… = 2 CHF charged by PostFinance + 10 CHF taken from the amount sent (total: 12 CHF)

To be verified.

For big amounts it’s acceptable, but the bank fee is not 100% sure.
For small amounts it’s not acceptable - cheaper to use (a good) CC.


#15

@Bereillyte
Have all 5000 CHF was credited to your Revolut account?


#16

Yes. 5006 chf debited from BCV. 5000 chf credited to revolut account


#17

Dont use UBS credit cards
CHF in foreigin countries applied a fee of 1.75%


#18

I topped up 1000chf with swissquote,
Swissquote keep 2chf but I only received 975CHF on my account.
I selected “shared” expenses too.

As @christophetd say, it’s not usable in switzerland right now

@revolut, why don’t you use “global transfer”, they propose a acount in each country


#19

@lucasT - I’ve added your data point to the summary for top-ups in Switzerland:


#20

I topped up 2500 CHF via Postfinance SWIFT transfer and Received 2492 CHF. However, at the end of the month, Postfinanced charged me an additional 2.- for that transfer. So I guess its 8.- for the receiver bank and 2.- for Postfinance.

However, there are some Debit (Prepaid) Mastercards available in Switzerland for a yearly cost of about 40-50 CHF which is worth it if you use Revolut frequently. Those cards can be used to topup Revolut for free (except for their yearly fee).