inactivity fee

Idle account penalty

An inactivity fee is a charge imposed when an account sits dormant—no deposits, withdrawals, or transactions for a specified period.

Banks, brokerages, and gift card issuers commonly levy these fees, gradually draining balances from forgotten accounts: I hadn't used the card in two years and they'd taken forty dollars in inactivity fees.

Related

unused · account · bank · monthly · waiver · balance · minimum balance · neglected · idle · stagnant · brokerage · bank statement · minimum · statement · fine · fine print · accumulating · hidden

Opposites
activity-based charges

inactivity feetransaction fee

Cost for processing payments

usage fee · service charge · processing fee · withdrawal fee · trading fee

financial incentives vs. penalties

inactivity feeloyalty bonus

Benefit for ongoing patronage

interest payment · cash back · sign-up bonus · referral bonus · dividend

cost vs. reward for account behavior

inactivity feeloyalty reward

Incentive for continued patronage

sign-up bonus · interest earnings · dividend payment · rewards points · fee waiver

Family

inactivity, inactive, activity, active, act, action, actions, acting, actor

Familiarity
Top 500,000
Profile
Used worldwide · Timeless · Negative · Everyday, not technical · Rated G