Starling to charge negative interest rates

Starling has become the first British bank to introduce negative interest rates for personal account customers, though only those who hold high balances in euros will be affected … lucky I don’t have a high balance in my Starling account :grimacing:

They’re just doing what a lot of other banks outside the UK do. After all that’s the way today banking system works, as unless ECB raises interest again to anything >0%.

After all you (bank) cannot lose money with negative interests. Somebody else has to cover.