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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsWe got our share of $700 million
We dont know how to spend the entire $60.15. We didnt know about whatever fee it was either.
Today were ordering Citibank, N.A. and some of its subsidiaries to refund approximately $700 million to customers for unfair and deceptive credit card practices. This includes unfairly billing consumers for credit card add-on products, deceptively marketing those products, and deceptive collection practices. Citibank has agreed to pay about $700 million in refunds on about 8.8 million accounts.
If you were among the millions of people affected, Citibank should have already notified you or will notify you directly. You do not have to take any action. If you have questions about whether you are entitled to a refund, you can contact Citibank at the number on the back of your credit card. Generally, consumers who were signed up for these products on or after January 1, 2009, will receive full or partial refunds. If you are unsatisfied with Citibanks response, you can submit a complaint online or by calling us at 855-411-2372.
You might be eligible for a refund if you paid for credit and identity monitoring, credit protection products, or an expedited payment fee.
MORE: https://www.consumerfinance.gov/about-us/blog/citibank-to-refund-700-million-to-credit-card-customers-for-unfair-and-deceptive-practices/
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We got our share of $700 million (Original Post)
Omaha Steve
Sep 2017
OP
samnsara
(17,615 posts)1. great! I got a check for 282$ because apparently i bought an LCD..
...tv that was part of a class action lawsuit ( overcharging for product)...always a nice surprise!
AngryAmish
(25,704 posts)2. How much cocaine can you buy for $60
Asking for a friend.
Omaha Steve
(99,570 posts)3. Just a little bit less than 700 million gets