Swisscard review

The monthly fee is CHF 0. A card held year round for business spending therefore adds no fixed cost. Card money is held by Swisscard AECS GmbH, so the account and its fees are set out by that company in Switzerland.

The currency conversion fee is 0%. Paying a supplier abroad in another currency therefore adds no conversion charge on the card. That is the figure most businesses check first, because it applies on every cross border payment.

The card is built for business use. It suits companies and sole traders who need a card for expenses and supplier payments. Personal everyday spending is not what the card is designed around.

A virtual card is one of the listed features (virtual card and travel), alongside a focus on travel. That suits ordering online or adding a card to a booking without waiting for a physical card to arrive.

The card runs on visa. That is the network most overseas merchants and card terminals already accept, so a business can pay suppliers and cover staff travel abroad without adding a second card for those payments.

Support runs on phone and help centre. A phone line and a help centre cover most questions, but email and live chat are not among them, so urgent card problems go through the phone line.

The company behind the card is Swisscard AECS GmbH, founded in 1998 and based in Switzerland. It is a long standing card issuer, and the age of a card business is a reasonable starting point when you weigh how settled the operation behind the card is.

Card money is held by Swisscard AECS GmbH in Switzerland. If deposit protection matters to you, ask the company directly what covers a balance on the account before you hold funds on it, since terms sit outside the fee figures above.