Thread: bank charges
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Old 09.07.2009, 00:40
almond almond is offline
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Re: bank charges

Quote:
Probably doesn't really help with your current problem but usually if you have over CHF 10K in your account a lot of the charges, such as account-keeping charges, disappear.
That doesn't really help anyone, because it means the bank is making so much $$$ investing the 10K that it can afford to cover the maintenance expenses and then some. You're better off buying a CD for that amount and keep a near-zero balance on your account. Also don't get a checking account but get a "private" account instead (many financial institutions have this distinction). You can often trade and pay bills out of a savings account too.
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