Is it true that if one has a balance of more than $15,000 in one's bank account, it attracts charges?

Question

If so, what is the maximum that should be left in one's account at any given time?

Answer 1

You can keep as much as you want and there will never be an extra charge. You shouldn't keep more than you need for cash flow and a cushion because the interest rates are generally low so you lose money from not investing.

Answer 2

No banks love you. They start giving you interest. They arent going to charge you. If they do take your money out and move it.