John Do I agree, itās been one of the most requested things in the community that bunq should do more with customers money, which means investment which means interest, yes there are some people against it, but that is based on fear, old-fashioned and out dated views and a serious, serious lack of understanding of how the (international) banking world works. There is literally no, I REPEAT no bank in the world that doesnāt have to deal with interest one way or an other, even so called Kosher or Islamic banks, no matter where they are based, be it Jerusalem, Tel Aviv or UAE/Dubai/Saudi-Arabia/etc., who or which people leads them or what their published principles are do encounter interest, negative and positive in their business. Itās just the way the world works. And yes, most of the times this means money is stored in such a way that negative interest is payed with positive interest on the other side, but there is literally no bank that does not use every trick in the book to optimize this exchange, some times resulting in a small profit of the remainder of positive interest. For Kosher or Islamic banks this means they will invest this tiny tiny profit for projects to the poor or offer it to other charities. So no matter how much you believe there may be a bank out there that offers zero interest, based on the Kosher or Islamic principle, the reality is, there isnāt. World wide economies are intrinsically linked together. Thatās a fact. Even more scary, a lot of those Kosher/Islamic banks will hide the fact that they have to deal with interest at all or call it"profit sharing", at worse some even keep practices that would turn your stomach. But letās not get into that. Suffice it to say, they hide a lot of (dirty) stuff from their customers in sake of Kosher or Islam.
So, to surmise, the way bunq does this is actually the best way no matter your convictions. They choose to share all interest to all customers as gift. And no, letās not start the product price discussion again. bunq premium will stay ā¬ 7,99. (or ā¬5,- in pack) or ā¬ 9,99 for business.