Not quite. From that doc as soon as you go above €5000 you revert to 0.25%.So they are paying a maximum of €125 a year to attract young customers.
You can keep the balance at €4,999 each day except the day before the interest payment.Not quite. From that doc as soon as you go above €5000 you revert to 0.25%.
So if you'd €5000 in it for a year you're going to have €5125 after the year. So you'll go to 0.25%
So probably better to keep it at €4775 per year and take out the interest whenever it's applied.