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You could charge people money to hold their money. You know, like some banks do.
by Aerroon 5y ago
You could charge people money to hold their money. You know, like some banks do.
- deleted 5y ago[deleted]
- SonicScrub 5y agoThat's the same thing as negative interest rate, just by a different name. A flat-fee is effectively a negative interest rate that scales lower as balance is higher. Calling it a fee or a negative interest rate; that's all just marketing.
- quincunx 5y agoIt's not all marketing for the exact reason you state, it doesn't scale with the balance but is fixed. A flat-fee would be interesting for precisely the account holders with a large balance. There would be a bank-run-exodus of large accounts to such an impossible flat-fee bank.