Frequently asked questions
← Back to OverviewYes, you receive interest on the total balance in your Spaces – the interest does not apply to the balance on your main account or on your joint account.
Between 01.11.2024 and 30.11.2024, the following interest rates are in effect:
0 - 25'000 CHF: 0.10%
above 25'000 CHF: 0%
Example: You have five Spaces with a total balance of 30'000 CHF. You then earn 0.10% interest per year on your first 25'000 CHF and 0% on the other 5'000 CHF.
From 1 December 2024, there will no longer be interest on your Spaces balance because the Swiss National Bank (SNB) has lowered its key interest rate to 1.0% (end of September) and we expect a further interest rate cut in December 2024.
Between 01.07.2024 and 31.10.2024, you received 0.50% interest on your Spaces balance of up to 25'000 CHF and 0.25% interest on your Spaces balance of more than 25'000 CHF.
Between 01.05.2024 and 30.06.2024, you received 0.75% interest on your Spaces balance of up to 25'000 CHF and 0.50% interest on your Spaces balance of more than 25'000 CHF.
Between 01.07.2023 and 30.04.2024, you received 0.90% interest on your Spaces balance of up to 25'000 CHF and 0.65% interest on your Spaces balance of more than 25'000 CHF.
Between 01.04.2023 and 30.06.2023, you received 0.40% interest on the total balance in your Spaces (up to 25'000 CHF).
Between 01.01.2023 and 31.03.2023, you received 0.15% interest on the total balance in your Spaces (up to 25'000 CHF).
The interest will be paid out at the end of each year.
You can find the Spaces in your neon app in the «Home» tab at the top, right next to your main account.
Click here to go to our Spaces blog with more information.