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by sneak 1889 days ago
Most US banks on the accounts of most US people (that is, the non-wealthy) likely charge more in fees each month right now than a negative interest rate would affect the balances.

It's really only the wealthy who would be faced with this being any significant amount of money, and those people comprise a tiny minority of bank accounts.

1 comments

Most banks in Switzerland have negative interest rates on large balances (over 100k or 500k CHF).
Wow. Why?