Bank Cler Zak — The Best Free Bank Account in Switzerland?

This review was originally posted on InvestingHero.ch

Image for post
Image for post
Zak Review 2020

Zak is a product from Bank Cler, formally Bank Coop, which proudly champions itself as being ‘the first free swiss bank from your smartphone’. Really? A free bank account, in Switzerland, with no hidden fees?

Sounds like a dream come true.

The Zak app is part of the new offering from Bank Cler looking to target a younger audience (from just 15years old!) and challenging the traditional swiss banks with a streamlined account opening process and slick user experience.

As much as I like paying 60+ CHF a year to traditional swiss banks for my plastic bank card, which sits gathering dust in a drawer, I’m keen to give this new kid on the block a go.

As always, I’ll be documenting the account opening process in this Zak review with a simple step by step process to give you all the pros and cons of this latest offering from Bank Cler.

> Continue reading

Written by

Turn to Investing Hero for investing basics and robo advisor reviews in Switzerland. Level up your investing knowledge today: https://investinghero.ch

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store