The Swiss National Bank (SNB) announced on 23 March that it will raise the policy rate by 0.5 percentage points to 1.5 percent as of 24 March 2023. PostFinance is responding to this change and will be raising interest rates on savings and retirement savings accounts 3a from 1 May 2023. It will also be increasing the interest limit for savings accounts to CHF 50,000.

PostFinance welcomes the increase in the SNB policy rate, which will allow its customers to participate in the positive interest rate environment. As of 1 May 2023, the following interest rates will apply to PostFinance savings and retirement accounts:

PostFinance customers will automatically benefit from the higher interest rates from 1 May; they do not have to do anything.

“Having already raised the interest rates for savings and retirement savings in February, we are once again enabling our customers to benefit from the positive interest rate development,” says Sandra Lienhart, Chief Business Unit Officer Retail Banking. “Thanks in particular to the doubling of the interest limit on savings accounts, the majority of our customers now benefit from higher interest rates. I’m very pleased that after the challenging years in the low interest rate environment, we can now thank our customers for their loyalty and offer them more attractive conditions again. Should interest rates continue to rise, PostFinance will evaluate further rate increases.