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Old 11.06.2019, 22:42
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Re: neon-free = free CHF account?

I'm thinking about opening an account with neon, I just moved to Zurich but I don't have the physical permit yet, but I already registered in the Gemeinden and I have to wait 2 weeks for the permit. Could I open an account?
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  #42  
Old 12.06.2019, 05:57
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Re: neon-free = free CHF account?

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I'm thinking about opening an account with neon, I just moved to Zurich but I don't have the physical permit yet, but I already registered in the Gemeinden and I have to wait 2 weeks for the permit. Could I open an account?
Unfortunately you need to wait for your permit to arrive before you can open an account. It normally comes quite quickly though, and you can already start the process of opening an account. The first part is signing up. The second part of the process is to schedule a call with them (they will call you) where you will need both your passport and permit. It's at this point where they scan the ID documents for verification.
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  #43  
Old 18.06.2019, 21:25
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Re: neon-free = free CHF account?

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I'm thinking about opening an account with neon, I just moved to Zurich but I don't have the physical permit yet, but I already registered in the Gemeinden and I have to wait 2 weeks for the permit. Could I open an account?
Be aware, it takes ca. 2 weeks to receive the physical card.
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  #44  
Old 01.07.2019, 21:50
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Re: neon-free = free CHF account?

Anyone has experience with the neon partner E-INVEST or ELVIA? Seems to have a reasonable fee: 0.55% administration, 0.17% product fee.
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  #45  
Old 01.07.2019, 21:59
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Re: neon-free = free CHF account?

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Anyone has experience with the neon partner E-INVEST or ELVIA? Seems to have a reasonable fee: 0.55% administration, 0.17% product fee.
Why would you want to do that?
An ETF such as VTI would cost you 0.04% (US stocks only), something like VT or IWDA (if you prefer EU based ETFs) would cost you at most 0.2%.
And if you buy them using a low cost broker such as Interactive Brokers that does not charge any administration fee for portfolios > 100K then the "reasonable 0.55% administration fee" looks very unreasonable
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  #46  
Old 02.07.2019, 07:57
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Re: neon-free = free CHF account?

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Why would you want to do that?
An ETF such as VTI would cost you 0.04% (US stocks only), something like VT or IWDA (if you prefer EU based ETFs) would cost you at most 0.2%.
And if you buy them using a low cost broker such as Interactive Brokers that does not charge any administration fee for portfolios > 100K then the "reasonable 0.55% administration fee" looks very unreasonable
Good point. I need to find a good platform outside CH.
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