Cornèrtrader Miles & More —
what the press release doesn't tell you

What we
already know

We covered the launch itself when Cornèr Bank announced it: on 6 October 2026, Cornèrtrader became the first Swiss broker to credit Miles & More miles on stock, ETF and single-stock-CFD trading, with a second, automatic stream of miles credited quarterly based on average portfolio value. The announcement was confirmed in an official press release and covered independently the same day by Bilanz's Holger Alich, who described it as a genuine first for the Swiss market. It's accessed through the iCornèr app, covers roughly 40,000 tradable instruments, and builds on Cornèrcard's history as the first Swiss bank to issue a Miles & More credit card, back in 2001.

That much is solid. What's happened since is the interesting part: nothing. No follow-up coverage, no user reviews, no independent testing of the actual earn rate, in the three weeks since launch.

The number
that's missing

Here's what we couldn't find anywhere, official or press: a published miles-per-trade or miles-per-CHF-invested rate. Not on Cornèrtrader's site, not in the press release, not in Bilanz's coverage. When Bilanz asked directly, a Cornèr Bank spokesperson confirmed why: the actual rate comes from an internal calculation table handed to clients individually, not a public rate card.

Cornèrtrader's own marketing page does include an illustrative example — CHF 400,000 in annual transactions plus a CHF 250,000 average portfolio working out to roughly 50,000 miles a year — and we referenced that same example in our original piece. It's worth repeating clearly here: that's a marketing illustration, not a published formula. It shows what one hypothetical client might earn under one hypothetical scenario. It doesn't tell you what your own CHF 50,000 portfolio or your own trading pattern would actually generate, because the bank hasn't published the per-CHF rate that example is built on, at least not where we could find it.

Why this isn't
a minor detail

For a normal credit card, a missing earn rate would be disqualifying on its own — you'd never recommend a card without knowing what it pays per CHF spent. An investment account earning miles on the side is a slightly different case, since nobody should open a brokerage account purely for the miles. But the gap still has real consequences for anyone weighing it up:

There's also a simple trust question. A rate that's calculated individually per client, rather than published once for everyone, is harder to verify and harder to hold the bank to. It's not evidence of anything underhanded on Cornèrtrader's part, plenty of Swiss banking products are priced this way, but it does mean every number you see quoted about this product, including the ones we published in our own piece, should be read as illustrative rather than guaranteed.

What to do if
you're considering it

If you're already a Cornèrtrader or Cornèrcard client weighing this account, the only reliable path is a direct one: ask your Relationship Manager for the actual calculation table before opening an account, in writing if possible, rather than extrapolating from the marketing example. If you're not yet a client, treat every miles figure you see about this product, including Cornèrtrader's own example and ours, as directional rather than exact until you have your own rate confirmed.

We'll update this piece if Cornèrtrader publishes a rate card, or if enough readers report back their actual earn rate for us to build a clearer picture than any single marketing example can give.