Neon Free review

The free plan has a monthly fee of CHF 0, so the account costs nothing to keep open in Swiss francs. That sits alongside a typical monthly charge of €79 at the top of the online bank ranking. Local details come with a Swiss IBAN, so ordinary domestic banking needs no extra purchase.

The currency conversion fee is 0.35% on the free plan, which is under the 0.5% median across the site. Some accounts on the ranking charge as much as 7%, so the gap matters for frequent travelers. Daily spending abroad is where this fee bites most.

Swiss transfers are free, covering QR and eBill payments. International transfers run through Wise with a small service fee, so moving money outside Switzerland costs extra on top of the conversion fee. The account is built on a no-monthly-fee model rather than a low-fee one.

The account is held by neon Switzerland AG and is registered in Switzerland, with a Swiss IBAN issued for local payments. Because the account is digital-only, the protection side is worth checking for yourself in the current terms before holding a large balance.

The plan covers free ATM withdrawals and a joint account, both less common than average, with free ATM access on 52.9% of the accounts compared. It runs as a digital-only service. Support reaches you by email, phone and help centre.

It is aimed at travelers, one of the more common audiences among the accounts compared here. The free plan suits anyone in Switzerland who wants a shared or single account without a monthly charge. If you want branch access or several held currencies, a different account fits better.

Payments use a Swiss IBAN, so you can be paid into the account the same way as any other Swiss account. For spending abroad, card transactions convert at 0.35% under the free plan. Cash withdrawals at compatible ATMs are free.

The free plan is built around Swiss francs, with a local IBAN for the account. For accounts that hold many currencies, the comparison shows a median of 5. Converting between currencies costs 0.35% under the free plan.