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Omaha Steve

(99,580 posts)
Mon Sep 25, 2017, 01:33 PM Sep 2017

We got our share of $700 million


We don’t know how to spend the entire $60.15. We didn’t know about whatever fee it was either.

Today we’re 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 Citibank’s 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 $700 million (Original Post) Omaha Steve Sep 2017 OP
great! I got a check for 282$ because apparently i bought an LCD.. samnsara Sep 2017 #1
How much cocaine can you buy for $60 AngryAmish Sep 2017 #2
Just a little bit less than 700 million gets Omaha Steve Sep 2017 #3

samnsara

(17,616 posts)
1. great! I got a check for 282$ because apparently i bought an LCD..
Mon Sep 25, 2017, 01:42 PM
Sep 2017

...tv that was part of a class action lawsuit ( overcharging for product)...always a nice surprise!

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