Lloyds TSB announced that credit card owners who do not use their credit cards will be charged £35. The argument is that by threatening to charge them it will encourage the use. Credit cards have set up costs, although it is perhaps hard to justify charging £35. Lloyds TSB recently announced it had made £3.7 billion profit.
about 1% of credit card owners do not use them. This scheme could make TSB over 1.5 milion in the next month alone. It could be as a consequence of the FSA’a crackdown over mortgage lenders and banks charging Exit fees.