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  #101  
Old 28.04.2021, 22:12
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Re: PostFinance upping their fees

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What? Do you pay if you are below that or if you are above that?
sorry, I fixed my message to be more clear.

https://imgur.com/D474Vsr
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  #102  
Old 28.04.2021, 22:36
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Re: PostFinance upping their fees

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just got a message from UBS about new "deposit charges"

Pay if above 250k chf and same threshold for eur.
It was announced since January that sometime in the summer they would apply negative rates for deposits above 250k. Previously the threshold was at CHF 2M or € 500k. Apparently the new threshold will affect about 5% of their customers.

I had a discussion the other day with someone who works as a financial advisor at UBS, I was told that the biggest % of that 5%, will either split the amount in different banks or they will persuade them to invest through them. Win for UBS
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  #103  
Old 29.04.2021, 08:02
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Re: PostFinance upping their fees

probably it is matter of time when 250k becomes 100k and so on

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It was announced since January that sometime in the summer they would apply negative rates for deposits above 250k. Previously the threshold was at CHF 2M or € 500k. Apparently the new threshold will affect about 5% of their customers.

I had a discussion the other day with someone who works as a financial advisor at UBS, I was told that the biggest % of that 5%, will either split the amount in different banks or they will persuade them to invest through them. Win for UBS
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  #104  
Old 12.05.2021, 08:52
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Re: PostFinance upping their fees

Post Finance along with swissquote have launched yuh app this week, here is the pricing list

https://www.yuh.com/en/pricing#pricing-list

I'm thinking of my postfinance e-banking account ( was 0 monthly charge , now 5 or 15 per month ) to this.
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  #105  
Old 12.05.2021, 09:03
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Re: PostFinance upping their fees

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Post Finance along with swissquote have launched yuh app this week, here is the pricing list

https://www.yuh.com/en/pricing#pricing-list

I'm thinking of my postfinance e-banking account ( was 0 monthly charge , now 5 or 15 per month ) to this.
WTF... are they serious?

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From 2022, three attractive and tailor-made packages
In 2022, Yuh will offer you three packages: FLIRT, KISS and LOVE. The first one will be free of charge, the others will be available at a friendly price. So you can choose the most advantageous solution according to your needs.
Whoever came up with those names and marketing strategy needs new career direction.
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  #106  
Old 12.05.2021, 09:15
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Re: PostFinance upping their fees

[QUOTE=Chuff;3305186]WTF... are they serious?

Apparently.

I will look into it, but this new offer seems limited to payments, saving accounts and trading (compared to Postfinance where they also offer e-investments, funds, etc.).

I guess they are jumping the "neon" and similar digital services wagon.
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  #107  
Old 12.05.2021, 09:48
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Re: PostFinance upping their fees

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I guess they are jumping the "neon" and similar digital services wagon.
yes, that seem to be the intent,

https://www.swissinfo.ch/eng/busines...tunes/46608702

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The Swiss banking scene is undergoing a transition with the arrival of new home-grown challengers like Neon, Alpian and Yapeal, foreign competitors like Revolut and the launch of new digital services from traditional banks. At the same time, there is a growing trend towards fewer brick-and-mortar bank branches.
I was looking to switch immediately, but with their new pricing schemes in 2022, may be it would be worth to wait and see what is allowed in each package.
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  #108  
Old 12.05.2021, 09:53
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Re: PostFinance upping their fees

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Whoever came up with those names and marketing strategy needs new career direction.
The naming is one thing and might not be appealing to everyone, but I think the offering is interesting. They just kicked it off and a few (essential) things are still missing (like mobile payments with TWINT, ApplePay, GooglePay, etc.) but I like Yuh's All-in-One approach. Some feature that are new to teh Swiss Smartphone Banking landscape, like the multicurrency feature and the possibility to invest in stocks, ETF's and cryptos. The range of available titles to invest in, especially the ETF's, is still limited, but I'm sure this will be extended. I don't think for now I will use Yuh as my main banking relationship, but they have potential and if they do things right going forward and listen to the suggestions of the user community, they can become an important challenger. Not only for young people, but also for "seniors" who might want to start trying cryptos and investing in ETF's with smaller amounts. Investment costs are among the best in the market for small amounts, especially because there are no custody fees. The bank account is with Swissquote and therefore with a bank regulated by Swiss authorities. If someone want to give it a try, you can use my referral code "550me6" during the onboarding process (which by the way is very simple and smooth, 100% online). this will award both of us 500 Swissqoins (equivalent of CHF 5), which is the innovative token that Yuh created for their referral program. It's worth a try. See Yuh!
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  #109  
Old 12.05.2021, 10:00
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Re: PostFinance upping their fees

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I was looking to switch immediately, but with their new pricing schemes in 2022, may be it would be worth to wait and see what is allowed in each package.
Well, it's for free and therefore does not hurt to try already and see how the look and feel is. I like it so far, but won't be using all features as of now. For example the multicurrency option is still cheaper with Wise and I'm going to continue using Wise. Yuh charges 0.95% for every currency exchange which is a bit higher than Wise and Revolut, but still cheaper than any conventional Swiss bank. And if you prefer to have your money with a Swiss bank rather than with foreign entities like Wise or Revolut, then Yuh is definitely an option to consider. Trey it out. And if you do, you can happily use my referral code "550me6" when onboarding 500 Swissqoins (CHF 5) for both ;-)
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  #110  
Old 30.11.2021, 11:41
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Re: PostFinance upping their fees

Got this message when logging into Postfinance today

E-cockpit will no longer be available from 11 February 2022

That is a real shame as it helped me a lot to categorise my payments and invaluable to pull extracts for proof in court as to my finances.

Anyone know if there is a third party plugin or?

Might have to think about switching but reluctant due to all the standing orders etc.
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  #111  
Old 30.11.2021, 14:29
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Re: PostFinance upping their fees

Years ago I used to do the same analysis by exporting the transaction list into a spreadsheet. When I started to have Postfinance with E-Cockpit it just saved me so much work and it always worked efficiently.
It's a pity they are removing it!
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  #112  
Old 30.11.2021, 16:39
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Re: PostFinance upping their fees

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Got this message when logging into Postfinance today

E-cockpit will no longer be available from 11 February 2022

That is a real shame as it helped me a lot to categorise my payments and invaluable to pull extracts for proof in court as to my finances.

Anyone know if there is a third party plugin or?

Might have to think about switching but reluctant due to all the standing orders etc.
No great loss. Assume PF is reducing staff before X-Mass.
However! Give this a try: https://www.gnucash.org/features.phtml#oth-feat
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  #113  
Old 02.12.2021, 02:05
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Re: PostFinance upping their fees

I dont know how I did this but I have just realised 3 cheeky deductions over the last 3 months under the name "GUTHABENGEBÜHR" which translates "Credit Fee".

I recall an email saying this would apply to balances over 250K. I mean who would think a balance just over 100K would result me losing 100 CHF!

That's not just a rip-off but in my eyes that's theft! Why the f*** would anyone pay that amount of money to keep their money with them?

I'll be asking for refund which I'm sure they will refuse. Good bye PF or shall I say RIP as most people will probably leave them now.
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  #114  
Old 02.12.2021, 12:31
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Re: PostFinance upping their fees

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Ooh, someone never had to buy one of those golden ink toner cartridges, where you want to print in black and white but the printer won't budge because you're out of CYAN. And then you use them so rarely that they dry out before you can use them a second time.



They must like you better than me! Even with a discount!
(See, if they're accepting YOUR money for free, they have to get even and ask for triple the base rate from us common folks)
God, absolutely right. Only in need of urgency do I use the printer at home. I'd rather drive 45 minutes to the office rather than face the beast again.

Hate printers. Grr.... :-)
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  #115  
Old 02.12.2021, 12:51
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Re: PostFinance upping their fees

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God, absolutely right. Only in need of urgency do I use the printer at home. I'd rather drive 45 minutes to the office rather than face the beast again.

Hate printers. Grr.... :-)
buy a laser printer instead
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  #116  
Old 02.12.2021, 13:41
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Re: PostFinance upping their fees

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I dont know how I did this but I have just realised 3 cheeky deductions over the last 3 months under the name "GUTHABENGEBÜHR" which translates "Credit Fee".

I recall an email saying this would apply to balances over 250K. I mean who would think a balance just over 100K would result me losing 100 CHF!

That's not just a rip-off but in my eyes that's theft! Why the f*** would anyone pay that amount of money to keep their money with them?

I'll be asking for refund which I'm sure they will refuse. Good bye PF or shall I say RIP as most people will probably leave them now.
I think we should celebrate being in a country where people with such little understanding of basic economics and business are able to amass significant amounts of cash.

You do realise that central bank rates are negative in Switzerland and have been for quite some time now? Rightly or wrongly PF see you as a big boy/girl and think you should share some of the pain. There are fewer and fewer places to put such a some of money without paying negative interest.

If you don’t need the money short term, ask about a notice account/term deposit. That way you should avoid negative interest.
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  #117  
Old 02.12.2021, 14:06
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Re: PostFinance upping their fees

I decided to open an additional account from Neon to send some of the funds there. I guess if you dont exceed 100K you're fine and negative interest free.
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  #118  
Old 02.12.2021, 14:56
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Re: PostFinance upping their fees

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buy a laser printer instead
and miss out on the feeling of being truly alive?

But it's a good suggestion actually. I've not looked at them for years, but they're much more affordable now.
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  #119  
Old 02.12.2021, 15:00
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Re: PostFinance upping their fees

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and miss out on the feeling of being truly alive?

But it's a good suggestion actually. I've not looked at them for years, but they're much more affordable now.
But they are toxic!
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  #120  
Old 03.12.2021, 13:13
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Re: PostFinance upping their fees

So the choice is death by blood pressure related issues or by noxious fumes?

https://www.cnet.com/news/laser-prin...st-study-says/

I don't know who to believe, perhaps I'll stick with using the work printer...
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