Not really. In e.g. the Netherlands you've to pay a 0.5% interest rate over the balance above €100k, €250k or €500k at most banks.
Of course most people that hit the cap just spread out their money over multiple banks, use a savings deposit that still gives zero or positive interest, or invest it.
Not really. In e.g. the Netherlands you've to pay a 0.5% interest rate over the balance above €100k, €250k or €500k at most banks.
Of course most people that hit the cap just spread out their money over multiple banks, use a savings deposit that still gives zero or positive interest, or invest it.