Money Box: credit card dormancy fees

This week, Amex introduced a £20 annual fee on one of its credit cards that will be charged to customers who do not spend on it for 12 months.

So-called dormancy fees are relatively rare, but as lenders struggle to recover lost profits they could become more common.

With banks already in court over allegedly unfair bank charges, Money Box asked how justified are fees for not using services?

This item was first broadcast on Radio 4's Money Box on Saturday, 3 October 2009.