Switzerland has lower inflation, a lower reference rate (1.75%) and an appreciating currency. Over the past year, you would have still been better off putting y

Switzerland has lower inflation, a lower reference rate (1.75%) and an appreciating currency. Over the past year, you would have still been better off putting your CHF in a 1% account than to transfer to USD, put in a 5.5% account and transfer back, even ignoring fees. There are also a couple of places offering around 1.5% fwiw.