Radicant Review & Test + 50 CHF Promo code in October 2024
| Account opening | 8 |
|---|---|
| Usability | 8 |
| Features | 7 |
| Credit Card | 9 |
| Plans & Pricing | 7 |
| Speed | 9 |
| Customer Service | 8 |
Receive 50 CHF using the promo code 20b2e4 when you open your Radicant bank account by October 31, 2024.
(Make 3 payments with the debit card to receive your 50 CHF)
Radicant is a Swiss neobank, backed by BLKB, that allows Swiss residents to manage a free CHF bank account, invest in sustainable projects, and make mobile payments through its eco-friendly digital platform.
Radicant Overall Rating: 8/10
Description
Radicant is an essential neobank for Swiss residents, focusing on sustainability. Our review of Radicant highlights its digital banking services, which combine ecological principles with modern features.
Radicant offers CHF accounts and investment products aligned with responsible investment goals. Its mobile app allows you to open an account online in just 8 minutes.
Radicant Quick Facts – October 2024
| Radicant Quick Facts | Details |
|---|---|
| Bank Type | Neobank (subsidiary of BLKB) |
| Established | 2021 |
| Headquarters | Zurich, Switzerland |
| Languages | English, German |
| Free Account | Available in CHF |
| Card | Virtual or physical Visa Debit Card |
| Interest Rate | 1.00% |
| Investment Options | ETFs, Sustainable Investments |
| Deposit Protection | Up to CHF 100,000 (compliant with FINMA) |
| Overall Rating | 8/10 |
In This Review
Radicant Review: The Green Neobank in Switzerland
Radicant Bank is a Swiss neobank founded in 2021 with the mission of making sustainable banking accessible to everyone. The bank offers a range of products and services, including savings accounts, current accounts and investments, all aligned with sustainability principles.
Radicant Bank is a subsidiary of the cantonal bank BLKB.
Radicant Bank offers a mobile account that allows customers to hold and manage funds in CHF.
Radicant Bank’s main features include:
- Focus on Sustainability: Radicant Bank is committed to using its capital to support sustainable businesses and projects. The bank has its own impact rating system that evaluates companies based on their environmental, social and governance (ESG) performance.
- Digital Banking: Radicant Bank offers a fully digital banking experience, with all of its products and services available through a mobile app or web platform.
- Transparent pricing: Radicant Bank pricing is simple and transparent, with no hidden fees.
You only need to be a Swiss resident – regardless of nationality – to open an account with Radicant Bank.
Here’s what to remember from Radicant Bank’s offer:
- Free CHF account
- Virtual debit card included
- App that allows you to invest
We have tested the Radicant Bank application for you and compared the rates in detail.
Review & Test of the Radicant Account Opening Review – 8/10
Radicant Bank allows you to open a mobile account for free from your smartphone.
What are the conditions for opening an account at Radicant Bank
- Be at least 18 years old (15 years old at Zak)
- Residing in Switzerland
- Have a smartphone compatible with the app
- No proof of income to provide
- No minimum balance to maintain
You can absolutely use Radicant Bank to receive your salaries and make bank transfers in Switzerland or abroad. As a subsidiary of BLKB, Radicant Bank guarantees the security of CHF deposits up to CHF 100,000, in accordance with strict FINMA regulations.
How to open your account at Radicant Bank
Account opening with Radicant Bank begins in the app:
- Download the Radicant Bank app in App Store or Google Play
- Answer the questions
- Verify your identity
- It’s done! Your account is open 🙌
It only took us 8 minutes to open our Radicant Bank account.
Radicant Promo Code: 20b2e4
Don't have a Radicant Bank account yet? Use our referral code to open your free Radicant Bank account!
Use the promo code 20b2e4 by October 31, 2024 to receive 50 CHF in cash 🙌 (make 3 payments with the debit card within 30 days).
Get 50 CHF with Radicant ➡️
Here are the different stages of opening an account at Radicant Bank:
The app is available in German 🇩🇪 and English 🇬🇧
#1 You enter your email and confirm in your inbox
#2 You create your password
#3 You enter your name
#4 You enter your personal information then confirm
#5 You accept the pricing and general conditions
#6 You verify your identity
#7 You enter and verify your phone number
#8 You accept the user agreement and sign virtually
#9 Your account is created, all you have to do is transfer a small amount from another account (10 CHF is enough)
It’s done, your account is open.
The Radicant Bank account allows you to carry out all classic operations (transfers, direct debits, etc.) like any Swiss bank account.
Radicant Bank offers a free virtual VISA debit card as well as a recycled plastic VISA debit card, this costs 10 CHF.
Our opinion on opening a Radicant Bank account
- Opening in less than 10 minutes
- No income requirement
- Swiss Banking License from BLKB
- Free CHF account
The plastic VISA debit card costs 10 CHF
We appreciate the quick and easy account opening. Cons: There are a lot of documents to accept and it is a little frustrating to have to make a transfer before all the functions of the account are accessible.
Radicant Bank account opening process receives a rating of 8/10Usability and customer reviews of the Radicant App – 8/10
The Radicant Bank app is generally very user-friendly with information placed on every page.
- The bottom menu displays 4 small icons to directly access payments and investments
- The essential functions are all directly accessible
- Navigation is quite smooth but not perfect
We are not yet at the level of the best neobanks like N26 or Revolut but it remains a good application and by consulting the radicant roadmap we can read that a new App will be put online soon. To be continued.
The Radicant Bank app is rated 4.4 on the Apple Store and 4 on Google Play.
Radicant Apple Store Reviews
Radicant Google Play Reviews
Review of Radicant Bank App Features – 7/10
Being a neobank, Radicant Bank offers most of its services via the mobile application:
- Consult your banking transactions
- Enter transfers in CHF
- Pay with Radican TWINT
- Pay with eBill
- Scan invoices with the QR code
- Virtual bank card (like Yuh, N26 or Revolut)
- Block and replace debit card
- Authorize the card abroad or in Switzerland only
- Authorize online payments
- Change VISA card daily and monthly spending limits
However, here is what is missing:
- It is possible to update your telephone number and personal information, you must contact Radicant
- No transfers abroad
- Not possible to change the card PIN
- It is not possible to delete the virtual card, you must contact Radicant
- Not possible to share sub-accounts with individual IBANs (Spaces)
The function for scanning QR codes or invoices in Swiss format is very practical. A real plus compared to Revolut.
Radicant Promo Code: 20b2e4
Don't have a Radicant Bank account yet? Use our referral code to open your free Radicant Bank account!
Use the promo code 20b2e4 by October 31, 2024 to receive 50 CHF in cash 🙌 (make 3 payments with the debit card within 30 days).
Get 50 CHF with Radicant ➡️
Card settings are incomplete
If like Revolut or N26 it is possible to temporarily lock the card, it is not possible to request replacement in the application.
So if the essential functionalities are present, an important one is missing: transfers abroad.
Radicant Bank app features receive a rating of 7/10Radicant Debit Card Review – 9/10
Radicant Bank does not offer a credit card but a free VISA Virtual Debit card.
Radicant Virtual Debit Card
You can also order a plastic VISA debit card for 10 CHF.
Radicant Debit Card order
The Radicant Bank VISA card is Apple Pay and Google Pay compatible.
Radicant Bank card gets a rating of 9/10Radicant Bank Account Pricing – 7/10
Opening a Radicant Bank account is free and there are currently no monthly fees.
Radicant Bank being a neobank based in Switzerland, the prices are displayed in CHF- Free account
- Account management: via iPhone or Android mobile application
- Bank card: VISA Debit
VISA card
Radicant Bank offers a free VISA Virtual Debit card. The plastic VISA debit card costs 10 CHF.
Card replacement is charged at 20 CHF in the event of loss.
Cash withdrawals in Switzerland in CHF
- 12 free withdrawals per year, then CHF 2.00 / withdrawal with plastic card
Radicant Promo Code: 20b2e4
Don't have a Radicant Bank account yet? Use our referral code to open your free Radicant Bank account!
Use the promo code 20b2e4 by October 31, 2024 to receive 50 CHF in cash 🙌 (make 3 payments with the debit card within 30 days).
Get 50 CHF with Radicant ➡️
Cash withdrawals in Switzerland in EUR
- 5.00 CHF / withdrawal + 0.8%
Cash withdrawals abroad
- 5.00 CHF / withdrawal + 0.8%
International transfers
This option is currently not available.
Radicant Bank offers rates that are often higher than its competitors (Alpian, Neon, Yuh, Zak) which makes the offer moderately attractive.
We also note that not all prices are displayed, surprising for a bank that talks about Transparency.
Radicant Bank account pricing gets a rating of 7/10Radicant Promo Code: 20b2e4
Don't have a Radicant Bank account yet? Use our referral code to open your free Radicant Bank account!
Use the promo code 20b2e4 by October 31, 2024 to receive 50 CHF in cash 🙌 (make 3 payments with the debit card within 30 days).
Get 50 CHF with Radicant ➡️
Speed of Transactions – 9/10
A transfer from one Swiss bank to another Swiss bank is very fast, but it depends on the times: if you make your transfer in the morning, it arrives in a few minutes, but if you make it ‘afternoon, he arrives the next day.
An instant transfer option like “Beam” at N26 or is missing “Pay a friend” at Yuh which allows you to pay another account in a few seconds from his telephone number.
Yuh Pay a friend
The push notifications system allows you to be alerted in real time of any movement on the account.
Transaction speed gets a rating of 9/10Radicant Customer Service Review – 8/10
Unlike N26, Radicant does not offer Livechat, but a bot or a premium rate telephone number (CHF 0.08 / Minute) open Monday to Friday, 8:00 a.m. to 5:00 p.m.
It is also possible to contact support by email.
The mission of the neobank is not yet fulfilled on this point but the roadmap foresees the arrival of a Livechat.
Customer service receives a rating of 8/10Our Final Review of Radicant Bank
Radicant positions itself as an innovative and sustainable neobank, tailored to environmentally conscious Swiss residents. Our review of Radicant reveals a modern banking experience focused on sustainability and accessibility, with services aligned with sustainable development goals. Radicant Bank offers a CHF account that only allows transactions within Switzerland. Therefore, if you’re looking for a neobank for international transactions, Neon and Yuh would be better options.
Although certain aspects, such as fees for the physical debit card, could be improved, Radicant compares to Alpian, with the offered investments being 100% ecology-oriented. In summary, for clients who prioritize ethical values in their financial management, Radicant is worth considering as a top option.
Radicant Promo Code: 20b2e4
Don't have a Radicant Bank account yet? Use our referral code to open your free Radicant Bank account!
Use the promo code 20b2e4 by October 31, 2024 to receive 50 CHF in cash 🙌 (make 3 payments with the debit card within 30 days).
Get 50 CHF with Radicant ➡️
Frequently Asked Questions (FAQ) about Radicant Bank
✅ Does Radicant offer promo codes or referral codes for new users?
Yes, Use the promo code 20b2e4 to get 50 CHF 🙌 from Radicant. Get the Radicant app ➡️.
✅ What is Radicant Bank?
Radicant Bank is a Swiss digital bank focused on sustainability and impact-driven financial services. It aims to provide banking solutions aligned with personal values and global sustainability goals.
✅ How can I open an account with Radicant Bank?
You can open an account directly through Radicant Bank’s app or website by following a simple online registration process.
✅ Is Radicant Bank focused on sustainable banking?
Yes, Radicant Bank integrates sustainability into its core values and services. It offers financial products that align with the UN’s Sustainable Development Goals (SDGs).
✅ What services does Radicant Bank offer?
Radicant Bank offers personal banking services such as savings accounts, investment portfolios with a focus on sustainable investments, and other digital financial solutions.
✅ Are there any fees for using Radicant Bank?
Radicant Bank is transparent about its fees, and these are generally low. Specific services, like certain types of transactions or premium features, may come with additional fees.
✅ Does Radicant Bank offer debit or credit cards?
Yes, Radicant Bank provides debit cards for everyday use. More details on credit card options are available on their website.
✅ Is Radicant Bank regulated by Swiss authorities?
Yes, Radicant Bank is fully licensed and regulated under Swiss banking law and complies with all relevant financial regulations.
✅ Can I make international transfers with Radicant Bank?
No, Radicant Bank does not allows international money transfers currently.
✅ How does Radicant Bank ensure the security of my account?
Radicant Bank uses state-of-the-art encryption and security protocols, including two-factor authentication (2FA), to protect your personal data and financial transactions.
✅ Does Radicant Bank offer investment products?
Yes, Radicant Bank offers investment portfolios that focus on sustainability, allowing you to invest in companies and projects aligned with global environmental and social goals.
✅ How can I contact Radicant Bank’s customer support?
You can contact Radicant Bank’s customer support via the app, website, or by phone. The bank also provides email support for customer inquiries.
✅ Does Radicant Bank have physical branches?
No, Radicant Bank operates as a fully digital bank with no physical branches. All services are offered online or via the mobile app.
✅ What currencies does Radicant Bank support?
Radicant Bank only supports CHF.
✅ Does Radicant Bank offer loans or mortgages?
As of now, Radicant Bank focuses on personal banking and investment services, but they may expand to offer loans or mortgage products in the future.
✅ Is there a minimum deposit to open an account with Radicant Bank?
There is no minimum deposit to open an account with Radicant.
Radicant Promo Code: 20b2e4
Don't have a Radicant Bank account yet? Use our referral code to open your free Radicant Bank account!
Use the promo code 20b2e4 by October 31, 2024 to receive 50 CHF in cash 🙌 (make 3 payments with the debit card within 30 days).
Get 50 CHF with Radicant ➡️
Additional information
Specification: Radicant Review & Test + 50 CHF Promo code in October 2024
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