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Originally Posted by risknothing
Any account that required $1000 to open but less to avoid fees should be on list A. How it is now, a account could require $999.99 to open and it would be on list A. So why not up it to exactly $1000?
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There has to be a break-point. Among online MMA accounts it is common to see the figures ranging from $1 to $5000, etc. as minimums either to open or to earn the stated interest or to avoid fees or some combination of these factors.
There are many accounts (List A) that do not require as much $1000 for any of the factors. The accounts on List B do require $1000 or more for one or more of the factors. That's a good break-point.
Especially considering that the hypothetical put forward is purely that and does not apply in actuality. Among List A currently no account requires more than $500 for any of the mentioned factors and among list B no account can be opened with less than $1000. Therefore, technically, the current break-point could be said to be $501.