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.

Welcome • User Guide
ToS • Privacy • Canary
Donate • Bugs • License

©2025 Poal.co

765

•

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. (fortune.com)

(post is archived)

You are currently inside a comment thread.

Click here to see all the comments (3).

[–] • 2 pts

250 million is about 4 seconds of profit for BofA. This article is meant to make the public think that laws are still being enforced on bankers.

link

[–] • 2 pts

Came here to say that. They got caught and will pay a 250 million dollar fine on the 25 billion in profit they made.

parent
link

/s/Bankless

created ago

About this sub

I am no financial adviser. What you do with your money is your choice. If you lose some, it's your fault and not mine. If you gain some, it's your fault and not mine.

This sub is for showing people how to avoid traditional banking, about how to be your own banks and for informing the public (as public as this is) about the upcoming recession and how to avoid losing money during such an event.

I won't participate in any discussion about taxation here. That's your own game to play. Please respect the owner of the website, @PMYB2 and avoid discussion that could cause us to receive unwelcome attention.

All are welcome to discuss virtually anything finance. I won't police speech practically at all here, if ever.

Finally, I won't promise to update this sub frequently or necessarily check it frequently. This is more about getting these resources and this information out there.