Negative interest rates means cash is better than banks

[Carlsen]

As far as I have heared, no bank has charged negative interests from a private customer in the Eu.
But they start to take more and more fees for services that were free half a year ago.
And I'm sure, if this negative interest situation keeps on or gets worse, banks will determine a maximum balance above that they charge private persons.

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[Atdhe]

It is not correct. There are banks that charge you negative interest rates for Euros. I know one, has -0.2% for deposits > 500K for example (but they charge then -.2% for whole amount not just for the excess). But for sure it is not the only one.

The problem with cash is that you can not buy expensive things with cash. The cash transaction limit is 15K Eur and in some countries it is or will be just 1K (I believe Italy, maybe France, correct me if I am wrong). So indeed, the negative interest rates affect just the wealthy people, but those are the ones that can not afford to have all the money in vaults, because then they can not pay with them.

And yes, negative interest rates are huge incentive to buy Bitcoin, Gold or other currencies with positive interest rate.