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frankly.ch review

Updated September 28, 2026 · SumCue Editorial Team · Facts checked September 26, 2026

We earn a commission when you sign up through links on this site. Partner status can affect where a brand appears in our rankings. Partners with a live offer in your country come first, then every other brand by score.

Our verdict

frankly.ch suits Swiss savers who want a digital tax shelter account with no standing monthly charge. The catch is the interest: 0.15% sits far below the 3.29% from Wise and the 3.01% from bunq. That gap decides the choice for anyone comparing on yield alone.

Key facts

Best for
Swiss savers building a retirement wrapper with small, regular digital deposits.
Headline rate
0.15%↗
Rate type
Variable↗
Minimum deposit
CHF 1↗
Access terms
Fully digital, app or web, no minimum deposit and no minimum term↗
Monthly fee
CHF 0↗
Account kind
ISA↗
Legal entity
Sparen 3 pension foundation of Zuercher Kantonalbank↗
Headquarters
Switzerland↗
Support channels
Email, Phone, Help-centre↗
Pricing model
No monthly fee
Official website
frankly.ch

Facts checked September 26, 2026, 4 sources

Apps and profiles

Get the app
Google Play
Elsewhere
LinkedInyoutube.com

Pros and cons

Pros

  • The monthly fee is CHF 0, so there is no standing charge on the account.
  • The account is fully digital by app or web, with no minimum deposit and no minimum term.
  • A variable rate means the return can move rather than being locked for a set period.
  • Support runs on email, phone and help centre, so phone, email and a help centre are all available.
  • The minimum deposit of CHF 1 keeps the entry point very low.

Cons

  • The headline rate of 0.15% sits well below the 3.29% from Wise and the 3.01% from bunq.
  • A variable rate leaves the return exposed to policy moves rather than locking it in.
  • The balance sits inside a isa wrapper held by Sparen 3 pension foundation of Zuercher Kantonalbank, so the money is tied to retirement saving rather than sitting as plain cash savings.
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Scored 8.8 / 10 by SumCue.

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Who it suits

  • Swiss residents setting aside money in a tax shelter through an app
  • Savers who want a digital account with no standing monthly charge and no minimum term
  • Savers who can accept a variable rate and a return well below the 3.29% that Wise pays

Who should look elsewhere

  • Anyone chasing the highest interest, since Wise pays 3.29% against 0.15% here
  • Savers who need a fixed deal, as the rate here is variable while Finteres runs a band reaching 0% to 36%

Rates and card terms

The headline rate on frankly.ch is 0.15% and the rate type is variable, so this is a return the provider can move rather than one fixed for a set period. That distinction decides how the number should be read. On a variable deal the headline rate describes the current state of play and says little about the yield at the next reset, so a budget built on it carries the risk of a lower figure later. Measured against ordinary cash savings, 0.15% sits close to the floor of the market, which makes the interest a by-product of the wrapper rather than the draw. Readers should settle the rate question first, because everything else in the offer only matters once the return is understood.

How it compares on our data

On headline rate, frankly.ch sits at 442 out of 488 brands in our savings data, well down a table where the leaders are many times higher. The picture repeats on minimum deposit, where the brand ranks 223 out of 379, so a low entry point does not lift the overall standing. The scores split the same way: a cost part of 4.7 against an offer part of 0.6, inside an overall score of 3. The charges are close to minimal while the product itself is thin, and that is the trade-off in a line. You pay almost nothing to hold an account that returns very little, so the ranking mostly reflects the rate rather than the running costs.

Fees and FX

The standing charge on the isa account is CHF 0, and the pricing model behind it is a no monthly fee one, so nothing is taken simply for holding the balance. The entry point is the minimum deposit of CHF 1, which keeps the account open to small, regular top ups rather than a lump sum. For a reader in Switzerland that pairing is unusually light: the quoted rate is the amount credited, with no account fee deducted on the way through. The same simplicity carries over to the wider cost picture, where the pricing sits as one clean figure rather than a stack of deductions. Worth noting the saving here sits on the cost side of the ledger, and it leaves the size of the return exactly where it was.

Access to your money

Access terms are fully digital, by app or web, with no minimum deposit and no minimum term. In practice the account is opened and run without visiting anyone, and money is not held behind a notice period before it can move. The rate is variable, so the balance stays reachable while the return floats. That pairing suits a saver who wants the money close at hand and accepts a yield that can shift, and it is a weaker match for a reader who plans to leave the money alone for a long stretch, since a variable deal leaves the final figure uncertain. The digital only route is the other trade-off: quick for anyone comfortable with an app, limiting for anyone who prefers paper statements or a conversation in person.

The company behind it

The account is run by Sparen 3 pension foundation of Zuercher Kantonalbank, and the headquarters country is CH, which places it as a Swiss product. The regulator is the Pensions and Trusts Supervisory Authority for the Canton of Zurich, so the oversight comes from a Swiss authority rather than a UK one, and readers who want a named supervisor have one here. Support runs on email, phone and help centre, covering email, phone and a help centre, so help is available in more than one form and a phone route is included. A named foundation, a named regulator and three support routes give a fair amount of visibility for a digital retirement account, though none of it changes what the balance earns.

How frankly.ch compares

Where frankly.ch is available

Available
Switzerland
Licence in Switzerland
Pensions and Trusts Supervisory Authority for the Canton of Zurich, checked September 26, 2026

Countries from the brand (Source, checked September 26, 2026)

Frequently asked questions

What rate does frankly.ch pay and is it fixed?+

The headline rate is 0.15% and the rate type is variable, so the return is one the provider can move rather than a figure locked for a set period. A saver who budgets around a future yield takes on that uncertainty. Readers who want a predictable return should treat a fixed product as the more comfortable choice.

Is there a monthly fee on the account?+

The monthly fee is CHF 0 and the account runs on a no monthly fee model, so there is no standing charge to weigh. That makes the cost side the strongest part of the offer, and the gap shows in the scores: 4.7 for cost against 0.6 for offer. A reader can treat the quoted rate as the full return on the balance.

How much do I need to deposit to open the account?+

The minimum deposit is CHF 1, which is a low bar and suits people paying in small amounts regularly. The access terms also carry no minimum term, so the balance is not tied up from the start and the money stays reachable. For Swiss savers building a retirement pot gradually, that flexibility is the practical point.

Who holds the money and who regulates it?+

The account is run by Sparen 3 pension foundation of Zuercher Kantonalbank, with the headquarters country listed as CH. The Pensions and Trusts Supervisory Authority for the Canton of Zurich is the regulator, so the oversight is Swiss rather than UK. A named legal entity and a named supervisor give readers something concrete to check before opening an account.

Can I reach a person if something goes wrong?+

Support runs on email, phone and help centre, which covers email, phone and a help centre. That is a broader mix than a help centre alone, and it includes a phone route for anything urgent. The account itself is fully digital, by app or web, so the app and the web login are where the account is managed day to day.

How does the rate compare with other savings apps?+

On rate alone it is behind. The 0.15% offered here sits well below the 3.29% from Wise and the 3.01% from bunq, and Finteres runs a band reaching 0% to 36%. The case for this account rests on the standing charge of CHF 0 and the tax shelter held around the balance.

Who is this account for?+

It fits Swiss residents who want a retirement wrapper held in an app with no standing monthly charge and no minimum term. The minimum deposit of CHF 1 keeps the entry point small for regular saving. It is a poor fit for anyone shopping purely on yield, since the return sits well below the 3.29% that Wise pays.

Sources

  • play.google.com/store/apps/details checked September 26, 2026

    Backs: Access terms, Minimum deposit

    “You can open your pillar 3a account quickly and conveniently without visiting the bank either via the app or via your computer or tablet.”

  • frankly.ch/en/faq/what-included-all-in-fee.html checked September 26, 2026

    Backs: Support channels

    “You can contact us from Monday to Friday between 8 a.m. and 10 p.m. and at weekends between 9 a.m. and 6 p.m. on 0800 320 002 or by e-mail at support.frankly@zkb.ch.”

  • frankly.ch/en/legal-notice.html checked September 26, 2026

    Backs: Account kind, Headquarters, Legal entity, Licences

    “aims to promote tax-privileged, tied private pension provision”

  • frankly.ch/en/pillar-3a/3a-account.html checked September 26, 2026

    Backs: Headline rate, Pricing model, Monthly fee, Rate type

    “With the frankly 3a account, you currently receive an interest rate of 0.15% on your cash assets.”

Compiled from 4 source pages, checked September 26, 2026. We did not open an account.

Not confirmed yet: Term, Deposit protection.

frankly.ch

frankly.ch

Swiss savers building a retirement wrapper with small, regular digital deposits.

8.8/10See alternatives