25 April 2014

Lloyds drops overdraft fee on Islamic accounts

Lloyds Bank has been accused of religious discrimination after offering free overdraft accounts to Muslims.

The bank sent customers a booklet this month explaining new charges.

While many will have to pay up to £80 a month if they go into the red, Muslims were told they would escape the charges. The document said: “We are removing the monthly overdraft management fee of £6 from our Islamic Account, Islamic Student Account and Islamic Graduate Account. So, if you use an unplanned overdraft on these accounts, there won’t be any charges.”

[A COMMENT] his is discriminatory although probably legal because they will let anyone open an Islamic account. I am beginning to feel like a foreigner in my own country. I was in Westfield London today where a quarter of the women - there are thousands of people there it's the size of a city centre - were swathed in headscarves, veils and robes.

I feel everything is being geared to Islam - halal foods are served by default in so many places so as not to cause offence. I saw Birmingham on TV the other day, it took me 3 minutes to realise it was the UK, it was not multicultural it was 100% full on fundamentalist Islamic. [The Telegraph] Read more