Quote:
Originally Posted by julianh72
There's an easy solution to this:
With interest rates going into negative territory, just borrow some money - the bank will pay you to borrow money, and with the negative interest earned on a loan, you can pay the interest owing on your deposit account!
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Hi Julian,
As you are probably aware, at least in the case of the widely publicized
negative interest rate load being offered by a large Danish bank, they
don't actually give you the interest directly back into your hand,
but every month your debt is reduced by more than the amount you pay.