Is it considered usury if the current account holder stipulates special privileges—such as exemption from fees—in exchange for not transferring his money from the bank, or is this excusable?

The answer aims to clarify the ruling on bank gifts and their benefits for account holders, and can be summarized in the following points:

1. Bank gifts to current account holders: It is not permissible for the bank to offer gifts to current account holders because it is classified as a loan from the client to the bank, and any benefit on a loan is considered usury (riba), unless the benefit was agreed upon between the two parties before the loan. 2. Bank gifts to investment account holders: It is permissible to offer gifts to investment account holders if these accounts comply with the provisions of Islamic law (such as Mudarabah and Musharakah), and provided that the gifts are not from the investors' funds. 3. Benefits of current accounts: What is permissible: It is permissible to provide a debit card and a checkbook for free because these are means by which the bank fulfills the loans it has taken, and it is a common benefit that serves both parties. What is not permissible: It is not permissible to exempt the client from fees for some services or to give them special prices for some of them, nor is it permissible to give them reward points convertible to cash or discounts on goods; because these are considered forbidden gifts on the loan. What is permissible: It is permissible for the client to benefit from the bank's certification of their solvency.