Penalty interest at Comdirect, ING & Co. – “You will regret it bitterly”

Spargeld undesirable. This is now the case with hundreds of banks and savings banks. A German credit institute is currently introducing penalty interest rates for larger balances almost every day. Others lower the limit above which the negative interest is due or extend it to existing customers. Some even stipulate maximum amounts that customers can store in their accounts – and throw them out if they do not adhere to this requirement. The brutal approach is likely to take revenge.

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