Cryptocurrency Q&A Why do banks charge an inactivity fee?

Why do banks charge an inactivity fee?

Elena Elena Fri Sep 13 2024 | 5 answers 1087
Can you explain the rationale behind banks imposing an inactivity fee? It seems counterintuitive to charge customers for not actively using their accounts. Are these fees a way for banks to recoup costs associated with maintaining dormant accounts, or is there another motive at play? How does this fee impact customers, particularly those who may not be aware of the policy or struggle to maintain regular activity in their accounts? Why do banks charge an inactivity fee?

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