How to unlock your rental deposit and switch to a rental guarantee without deposit in Switzerland
When you signed your lease, you likely had to place up to three months' rent into a security deposit account. That means a significant amount of money remains tied up for the entire duration of your tenancy.
But what if you could unlock those funds today—without waiting until your lease ends? The good news is that you can. With your landlord's approval, you can replace your bank security deposit with a rental guarantee insurance. SwissCaution takes over the guarantee while your lease terms remain exactly the same.
It's a simple way to free up your money, improve your financial flexibility, and use your budget for what matters most.
Why free up your security deposit?
Switching to SwissCaution gives you greater financial freedom and more flexibility in your everyday life.
Here’s what you could do with the money you free up:
- Boost your savings
- Furnish or upgrade your apartment
- Cover unexpected expenses with greater peace of mind
- Enjoy more flexibility in your budget
How to get your security deposit back: Step by step
Switching from a bank deposit to a SwissCaution rental guarantee is quick and straightforward.
- Get approval from your landlord or real estate agency
Start by asking your landlord or real estate agency for approval to replace your bank deposit with a SwissCaution rental guarantee. As Switzerland's leading rental guarantee provider, SwissCaution is widely accepted by landlords and real estate agencies, making the process simple in most cases. - Apply for a SwissCaution rental guarantee
Once your landlord or real estate agency has given their approval, simply apply online in just a few clicks.
→ Sign up now online
Once your application has been approved and your first annual premium has been paid, your SwissCaution rental guarantee is activated.
We then send your rental guarantee certificate directly to your landlord or real estate agency, and you'll receive a copy for your records. - Close your security deposit account
Once your SwissCaution rental guarantee is in place, it replaces your bank security deposit.
You can then ask your bank to close your security deposit account and release your funds. In just a few simple steps, you'll regain access to your money and enjoy greater financial flexibility.
How long does the process take?
The overall timeframe depends mainly on how quickly your landlord or real estate agency approves the change and how long your bank takes to release your security deposit.
What if making the switch could take you on your next trip?
For a limited time, when you replace your bank security deposit with a SwissCaution rental guarantee, you'll automatically be entered into a prize draw to win a CHF 1,500 SWISS flight voucher. Terms and conditions of participation.
It's one more reason to make the switch. Free up your money today—and you could soon be planning your next getaway.
