Annual Fees

Different credit cards have different annual fees. There are even cards which charge no fees. The fee level depends on which bank or organization issues your card, which type of card (gold or silver) you choose and what benefits the card offers. Therefore you can’t just compare the fees side by side. Here is a rough indicator of fee levels:

Important to know: There are also now credit cards which don’t charge annual fees, for example Migros's M…MasterCard and Coop’s SUPERCARDplus MasterCard.

Additional credit cards always charge higher fees than your first card. In addition, you must pay fees for cash withdrawal at ATMs, for using your card abroad, paying by installments and to replace a lost card.

Withdrawing Cash

If you withdraw cash from an ATM using your credit card, it will cost you between 2.5% and 4% of the withdrawn amount, depending on the type of card you have, or at least CHF 5. When abroad, this will usually cost you at least CHF 10.

Payments in Foreign Currency

If you use your credit card to make payments in a foreign currency (for example paying for a meal abroad or booking online in Euro etc.), you will pay fees of between 0.5% and 2.5%. There may also be differences between the exchange rates used by credit card companies.

Interest

Are you paying off your credit card bill in several installments? In this section you can calculate your interest payments and find out how long it will take to pay off your bill. In Switzerland the annual interest rate can fluctuate between 9.5% and 15%.

Calculate the interest on your credit card

Sample interest calculations

Other Costs

Replacing your card can cost between CHF 15 and CHF 30. With more expensive cards (for example gold cards) replacement may be free.

Further Information

Comparis – An overview of credit card costs