IB charging for negative interest rates?

I was in the process to open an IB account and I noticed that IB now warns you about the negatives interest rates of CHF.
As stated in Interest Rates | Interactive Brokers LLC it seems that there is not size account limitation.
" For balances held in CHF, DKK, EUR, JPY or SEK, IBKR currently applies an effective negative rate to long balances held. The negative rate applied to accounts holding these currencies is the same regardless of account size. For other currencies in which the benchmark rate plus the interest rate paid is less than zero, the interest paid is 0%."

Can you help me to understand better?


I think it’s after 50K:

It is an American company, so they have this habit to put big fat warnings at every corner, so that nobody could blame IB that they were not informed. Negative interest is for CHF or EUR cash balances over 50k.


Thank you all for fast and precise answer.

Guys, Do you think that IB is a good place to park some € (10k or so)?

It should be as safe as with any other bank. I’m not sure whether the SIPC protection (up to USD 250k) applies to cash held via IB UK. However, if not, cash should still be protected up to GBP 85k via FSCS. I.e., below the current negative interest threshold (CHF/EUR 50k), there should be virtually no risk, besides inflation.


But inflation it will impact to me as well as I have it currently on the bank in cash

Inflation will not differently impact it at IB than at your current bank.

It IB, it i easier and certainly cheaper to invest it in stocks and hope that you can at least mitigate inflation. Of course, depends if/when you think you’ll need the money.

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I have mainly my cash invested.
This is some € that I hold.

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