Citibank to refund Iowans for credit card overcharges
BPC Staff Feb 9, 2021 | 9:48 pm
<1 min read time
55 wordsAll Latest News, Banking and Finance, Government Policy and Law, Statewide NewsCorridor Business Journal: Iowa Attorney General Tom Miller announced Monday that Citibank will pay $4.2 million to resolve allegations that it overcharged credit card interest for about 25,000 customers in Iowa and four other states. As a result of the settlement, Citi will refund $216,325 to 1,407 Iowa customers. The average Iowa refund is $153.75.