What? My bank is going to CHARGE us interest to save money in my savings account? Do they lack THAT much confidence in the stock market and other brokerage?
I understand paying a fee for them to hold on to my funds. A small, nominal fee, usually covered by the return on my investments.
But interest as a percentage of my savings funds?
If there ever was a reason to switch banks, it's this, here, and now!
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@aeveltstra Negative interest rates have become increasingly common across Europe — it’s a great time to borrow money but not to save it. http://www.theguardian.com/money/2019/aug/13/danish-bank-launches-worlds-first-negative-interest-rate-mortgage
