GuideLast checked 8 November 2026

Migros Bank alternatives

A business current account from a Swiss bank for companies based in Switzerland, in CHF or a foreign currency, with a free Visa Debit card and an optional Business Card credit card. If it doesn't fit, here are 9 accounts that share its market, starting with Incard, our pick for businesses whose main costs go on cards.

By the editorial team. How we make money. Our Migros Bank profile.

Why Incard is our pick instead of Migros Bank

Incard lists a £0 plan, which Migros Bank's pages don't
Incard lists card cashback, which Migros Bank's pages don't
Card cashback on Incard: Free: 1% on ads, software and travel, 0.5% on other eligible spend. Higher on Grow and Plus. Uncapped. Migros Bank: Business Card has a turnover bonus programme; rate not listed

cashback a year on Incard's £0 Free plan from £5,000 a month of eligible ads, software and travel spend. Simple arithmetic, not a forecast.

£600

Apply for Incard on incard.co

We may earn a commission if you apply.

The alternatives

**Table notes:** correct as of 8 November 2026, from each provider's own pages. Incard is first as our pick for card spend (we may earn a commission from it); the rest are alphabetical, not ranked. “Lists” means the provider's pages mention it and Migros Bank's don't.
Account	Cheapest plan	Lists, unlike Migros Bank	Compare
IncardOur pick for card spend	Free: £0 a month	card cashback, UK sole traders, UK limited companies, LLPs	Compare Incard and Migros Bank
AirwallexE-money · safeguarded, no FSCS	Explore: £0 if you deposit or hold at least £10,000 a month, otherwise £19 (excluding VAT)	card payments from customers, UK sole traders, UK limited companies
BCVBank · esisuisse cover	SME banking pack: CHF 4 a month, free for the first year for companies less than two years old	card payments from customers
PayhawkE-money · safeguarded, no FSCS	Growth program: £149 a month	Nothing extra listed
PostFinanceBank · esisuisse cover	CHF 5 a month	Nothing extra listed
UBSBank · esisuisse cover	Free for the first year, then CHF 20 a quarter	Nothing extra listed
ValiantBank · esisuisse cover	Business Set Basis: free	card payments from customers
yapealE-money · safeguarded, no FSCS	Free: CHF 0 a month	card cashback
ZKBBank · esisuisse cover	Free for the first year, then CHF 7 a month	card payments from customers

What Migros Bank does well

Before you move, check that you won't lose something you use. Migros Bank suits you if:

You want a Swiss bank account with esisuisse cover
You need accounts in CHF and other currencies such as EUR, USD or GBP
You send SEPA payments and want them free
You want a debit card with no annual fee

Many businesses keep their existing account and add a second one for card spending. Our switching guide covers both routes.

When Incard isn't the answer

Incard isn't the right account if

Your business is registered outside the UK and Switzerland. EEA onboarding is paused until an expected restart in 2027
You're a charity, cooperative, foundation, trust or public body, or work in one of Incard's restricted industries

Our pick for card spend

Incard: 1% cashback on ads, software and travel, on a £0 plan

Our pick for UK and Swiss businesses whose main costs go on cards, as long as you don't need bank deposit protection.

E-money · safeguarded, no FSCS

Read Incard vs Migros Bank Work out your cashback Check eligibility

Apply for Incard on incard.co

We may earn a commission if you apply.

a month on the Free plan, with team cards: £0
cashback on ads, software and travel; 0.5% on other eligible spend: 1%
IBANs in three currencies: GBP, EUR, USD

Sources

All checked on 8 November 2026. Where a provider's help centre or legal terms differ from its marketing pages, we follow the help centre and terms.

Show all 53 sources