BofA hit with $250 million in fines and customer refunds for ‘double-dipping’ fees, fake accounts
Headline from The Columbian
NEW YORK (AP) — Bank of America will reimburse customers more than $100 million and pay $150 million in fines for “double-dipping” on overdraft fees, withholding reward bonuses on credit cards and ope
The Columbian's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.
NEW YORK (AP) — Bank of America will reimburse customers more than $100 million and pay $150 million in fines for “double-dipping” on overdraft fees, withholding reward bonuses on credit cards and ope
Bank of America must reimburse customers more than $100 million and pay $150 million in fines for “double-dipping” on overdraft fees, withholding reward bonuses on credit cards and opening accounts…
After more than $200 million in penalties last year, the U.S. government on Tuesday imposed penalties on Bank of America for imposing excessive fees and withholding credit card bonuses.
Bank of America must reimburse customers more than $100 million and pay $150 million in fines for “double-dipping” on overdraft fees, withholding reward bonuses on
NEW YORK >> Bank of America will reimburse customers more than $100 million and pay $150 million in fines for “double-dipping” on overdraft fees, withholding reward bonuses on credit cards and opening accounts without customer consent.
BofA must refund $100 million, pay $90 millionto the Consumer Financial Protection Bureau and $60 million to the Office of the Comptroller of the Currency.
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