Lloyds TSB is to impose a £35 annual charge on credit card account holders who do not use their cards.
The annual charge will apply to "low-usage" customers; including people who do not use their cards at all.
The bank has written to 50,000 customers to tell them that the charge will be levied on their accounts 30 days from the date of the letter.
On Friday, Lloyds TSB reported full-year profits before tax of £4.25bn ($8.3bn), up 11% from 2005.
No doubt to be followed by the rest of the sharks.
1 comment:
The amounts being pocketed by certain individuals must be getting mega hefty for the Telegraph to suggest restraint is appropriate:
http://www.telegraph.co.uk/opinion/main.jhtml?xml=/opinion/2007/02/11/do1103b.xml
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