Mustachian Post's tools to get rich in Switzerland

Finance

Best online brokers Switzerland 2024: Interactive Brokers and DEGIRO

"Stop working at age 35-40 and start living on your passive income" is only possible if you invest your money.

The goal is for your money to work for you every minute of your life. While you sleep, it's working. While you're at your job, it's working too. While you are hiking in the Fribourg pre-Alps, it's still working! And in concrete terms, what I mean by "it's working" is that you earn cash without doing anything at all. I personally aim for at least 7-8% over the long term with my investments in ETFs.

In my case, I use Interactive Brokers for our (Mrs. MP and mine) stock market investments, and DEGIRO for the money we are saving for our children.

You will find my extensive comparison of the best trading platforms in Switzerland in this article.

I also wrote a comprehensive Interactive Brokers guide for Swiss investors, a detailed guide for DEGIRO, as well as a full review of Saxo Bank.

To buy my index funds as a Swiss investor, I recommend 3 online broker options:

Interactive Brokers is the best for Swiss investors
DEGIRO if you prefer to have an online broker based in Europe rather than in the US
Saxo Bank (<= CHF 200 brokerage fee refunded using this link) if you absolutely want to have your broker located in Switzerland for lower fees

Invest in the stock market with IBKR >

Best bank in Switzerland 2024: neon

neon is my 100% free Swiss online bank. You are entitled to the neon Debit Mastercard for free + CHF 10 of welcome cash by using my special code "neonMustachian" in their app (read my detailed article to understand my choice).

Another alternative that may better suit you is the Swiss online bank Zak which I have compared with neon in this article. I also negotiated CHF 25 of welcome cash if you use the code "Y06JPR" during the account opening process with them.

Create an account with MUSTACHIAN >

Best credit cards in Switzerland 2024: Swisscard Cashback Amex, Certo! One, and neon

My Swiss credit card system allows me to earn CHF 551.88 per year compared to a system with UBS, Credit Suisse or BCV credit cards. I explain my credit card system in detail in this article.

Before switching

CHF 100 of annual credit card fee
CHF 251.88 for expenses on my expenses in foreign currencies
(and I didn't earn anything in cash back)

After switching

CHF 0 of annual credit card fee
CHF 0 of fees on my expenses in foreign currencies
CHF 200 of cash back per year

In summary:

The Swisscard's Amex Cashback is 100% free of charge and has the most advantageous Swiss cashback program. If you order it with this code "FC40XDREG", you will receive CHF 40 of welcome bonus in cash
The Certo! One Mastercard World from Cembra is 100% free too. I use it as soon as my Cashback Amex is not accepted in order to take advantage of the second best cash back program in Switzerland. By ordering it with this link you earn in addition CHF 50 of welcome cash
The free Mastercard debit card from neon to pay anywhere in Switzerland where credit cards are not accepted (including the countryside!), abroad, and in foreign currencies (shops and online)

Order your Cashback card >

Best Budgeting App: YNAB

YNAB (aka. You Need A Budget) is the budgeting tool I have been using since 2013. It has allowed me to grow my net worth from CHF 50'000 to CHF 1'204'459 in 10 years (read my detailed review here).

Create your YNAB budgeting account >

Best third pillars (3a): VIAC and finpension

You want to take advantage of the pillar 3a tax reduction, but you don't like the outrageously expensive funds in which your savings are invested?
VIAC and finpension are our solution. All our 3a money is invested in equity ETFs up to 99%. Minimum fees, maximum returns!

You'll find my full comparison of the best 3rd pillar in Switzerland on this page.

My welcome codes: 3aMust for VIAC (free management of your first CHF 2,000 of pension assets, for life!), and MUSTBC for finpension (CHF 25 fee credit offered).

Open your 3a VIAC account with 3aMust >

Best mortgage: VIAC

Since 2022, we've had the mortgage on our main residence at VIAC (in SARON). We wouldn't go back for anything in the world. In this article, you'll find my criteria for finding the best mortgage.

I request a VIAC mortgage offer >

France real estate return calculator: Horiz.io (formerly Rendementlocatif.com)

After automating my stock market investment strategy, I looked for a way to increase my returns and also to diversify my investments. By talking to several readers, real estate tempted me because of its tangible side and its returns of at least 15%!

But this world was completely new to me. With very specific calculation methods. That's when I discovered a tool that became essential for me to calculate the potential of a property in France in less than 3 minutes and this in a 100% reliable and objective way: Horiz.io

Pro tip: create your account at 29€/month when you are in your intense search phase, and then stop it when you have found your property.

Calculate your rate of return in France >

Crypto-currency wallet: Coinbase

I have invested 11'000€ via Coinbase (read my detailed article) in case it turns into CHF 1'000'000 in 10 years. For the moment it has been stagnating since 2017. We'll see about that :) Anyway, one thing's for sure, I'm not adding a dime to this.

Start testing cryptos (sparingly!) >

Insurances

Best car insurance Switzerland 2024: smile

smile.car (formerly smile.direct) has been my car insurance for several years now. As a Mustachian, I haven't found a better way to insure my car. You're entitled to CHF 50 welcome cashback if you you use this special link for MP readers (read my detailed article to understand my choice).

Insure your car with Smile >

Best Swiss health insurance 2024: KPT

The benefits of basic health insurance, also known as KVG/LAMal insurance, are regulated by Swiss law. Hence, the coverage is the same for all insurers. Only the quality of service (speed of reimbursement, availability of customer service, third-party guarantor, etc.) changes. But not the coverage of your costs.

As a Mustachian, I am not dependent on reimbursements. So my choice goes to the cheapest Swiss health insurance with the highest deductible (i.e. CHF 2'500 to date) which is KPT since 2023 (for our family situation, residing in the canton of Vaud).

Pro tip: one can change health insurance every year. The cancellation deadline is the 30th of November at the latest. So, we always check at the beginning of the school year in September if there are any cheaper health insurances via the official website of the Swiss Confederation "Priminfo".

Find the cheapest health insurance >

Telecoms

Internet and mobile: Sunrise via QoQa.ch

I don't wanna be a cash cow and pay CHF 100-200 for internet + mobile subscriptions every month. How about you?

My current Swiss internet+mobile setup is based on Sunrise with the QoQa offer. It allows me to have unlimited home internet + unlimited mobile subscription for everything, for an amount between CHF 42 and CHF 64 (for one person), and between CHF 84 and CHF 105 (for a couple). Now you know what to do :)

Make money

Best cashback platform in Switzerland 2024: Rabattcorner

You can't become FIRE with cashback alone. Nevertheless, a few dozen or even hundreds of CHF here and there is always a pleasure! I've tested a number of different sites in Switzerland. And my favorite cashback platform is still Rabattcorner. (detailed review here).

By opening your Rabattcorner account via this link, you'll get CHF 5 welcome cashback.

Online survey: TestingTime (~ CHF 200/h)

Get paid CHF 200/hr to give feedback to companies on their new wealth management tools and other financial services.
Simply register for free to TestingTime as a tester.
You can read my full review in this article.

Become a paid tester >

Start Now

YNAB* is my favorite tool to budget and get rich. It got me from 50kCHF to 1.2 Mio CHF in 10 years.
Interactive Brokers* and DEGIRO* are the two discount online brokers that make my money work for me while I’m at sleep! Here is my complete brokers’ review for Swiss investors.
neon is my 100% free online Swiss bank. I have detailed my choice in this article. And I negotiated the neon Debit Mastercard for free + a CHF 10 welcome-cash bonus for you when you use the code ’neonMustachian’ in their app.
Swisscard Cashback*, Certo! One, and neon are my go-to Swiss credit cards to pay the least fees and get the maximum cash back possible.

* These products and services are affiliate partners of the blog. If you click on them, you won't notice any difference but the blog will earn a small commission and I sincerely thank you for this.

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