Best Zak alternatives

#1 alternative

Yuh

active

Yuh is not a bank. Swissquote Bank Ltd is. esisuisse cover is CHF 100,000, shared.

Gland · Swiss all-in-one app · Swissquote (100% after July 2025)

7.6Solid

Yuh is not a bank. The English homepage says it in one paragraph: Swissquote Bank Ltd provides the banking, FINMA authorises that bank, and esisuisse cover is CHF 100,000 shared with Swissquote. July 2025 ended the PostFinance joint venture. If you already hold cash at Swissquote, do not count CHF 100,000 twice. Zak is Bank Cler. Neon sits at Hypothekarbank Lenzburg. Read those files separately.

Best for: People who live in Switzerland and want spend plus invest, and who accept Swissquote as the bank.

Licence

Fintech app u2014 not a bank

Protection

Yuh itself is not a bank. Banking sits at Swissquote Bank Ltd, FINMA-authorised. esisuisse covers eligible deposits up to CHF 100,000. Yuh and Swissquote are one entity, so the cap is shared.

Monthly

No fees whenever possible u2014 live list on yuh.com/en/pricing

#2 alternative

neon

active

Swiss zero-fee app. Not a FINMA bank. Cash at Hypothekarbank Lenzburg, esisuisse CHF 100,000.

Zurich · Swiss digital account · Private

7.3Solid

neon’s English homepage does the honest sentence most Swiss fintechs hide: your money is held by partner Hypothekarbank Lenzburg and protected by Swiss deposit insurance up to CHF 100,000. neon is the app. HBL is the bank. Alpian is a FINMA bank. Yuh sits on Swissquote Bank Ltd. radicant is closed. If you want the charter in the same legal name as the app icon, this is the wrong file. If you want a cheap CHF account and you accept a shared esisuisse cap with HBL, it is the right one. Swiss residency. Do not treat an App Store tile as a cross-border open.

Best for: Swiss residents who want a zero-fee CHF account and will accept a partner-bank deposit.

Licence

Fintech app — deposits at Hypothekarbank Lenzburg AG

Protection

Official: with neon, your money is safely held by partner Hypothekarbank Lenzburg and is protected by Swiss deposit insurance up to CHF 100,000. neon is not the bank. Shared cap with any other HBL account.

Monthly

Zero-fee pitch on neon-free.ch — confirm live extras

#3 alternative

Alpian

active

Swiss FINMA digital private bank. esisuisse CHF 100k. Residents.

Geneva · Swiss private-bank scale · Series B-era + licence capital

7.2Solid

Alpian is the Swiss digital bank that still has a FINMA banking licence after 2025. radicant’s clients were pointed here. It is a private bank in an app, not Revolut. Do not open it from India.

Best for: Swiss-domiciled clients who want a FINMA bank in an app, and will pay private-bank economics.

Licence

Bank (Alpian SA)

Protection

esisuisse up to CHF 100,000 per client per bank

Monthly

Private-bank / digital-wealth tariff — not a free current account

#4 alternative

Revolut

active

Digital bank and e-money app. Licence depends on the entity.

4.7

London · 50M+ · $1.7B raised u00b7 ~$45B val.

8.6Strong

The default comparison set for a reason. Treat the UK bank product and the e-money wallet as different legal objects, then Revolut wins most travel and multi-currency briefs. It is not the quietest home for a salary if you want a full-licence high-street feel u2014 that is still Starling or Monzo in the UK.

Best for: People who live in more than one currency and want one app for spend, FX, and extras.

Licence

UK bank (eligible customers)

Protection

FSCS up to u00a385,000 on UK bank balances; EMI safeguarding on e-money wallets

Monthly

Free u00b7 Plus/Premium/Metal/Ultra paid

#5 alternative

Chase UK

active

J.P. Morgan Europe Limited trading as Chase. UK bank, PRA/FCA, FSCS up to u00a3120,000.

London · UK digital bank · JPMorgan Chase

7.6Solid

Chase UK is a bank. The legal name is J.P. Morgan Europe Limited. PRA-authorised, FCA-regulated, FSCS up to u00a3120,000. It is a useful UK current account with honest travel spend. It is not Revolutu2019s multi-country stack and not a US Chase login. UK tax residents only.

Best for: UK residents who want a JPMorgan current account in an app, with FSCS, and cheap travel spend.

Licence

UK bank

Protection

FSCS covers eligible deposits at J.P. Morgan Europe Limited t/a Chase up to u00a3120,000 per depositor.

Monthly

u00a30

#6 alternative

Neo Financial

active

Calgary fintech. Not an OSFI bank. Eligible cash sits in trust at CDIC-member institutions.

Calgary · Canadian fintech · Private

6.8Mixed

Neo Financial is not a bank. Neo Financial Technologies Inc. is a Calgary fintech, a FINTRAC money-services business and a payments-Canada PSP. CDIC cover, when it applies, follows the member institution that holds the funds in trust u2014 Peoples Bank of Canada is named on the HISA. File it as a Canadian app with a partner-bank deposit, not as EQ Bank.

Best for: Canadian residents who want the Neo app and will read which CDIC member holds the cash.

Licence

MSB and payment service provider

Protection

Neo is not a CDIC member. Eligible funds held in trust at CDIC-member institutions can be covered up to CAD $100,000 per beneficiary per member institution.

Monthly

$0 monthly on chequing, on the September 2026 agreement