Bank of America has to pay $100 million to harmed customers. You might be one of them

It’s not the first time the financial giant has been called out on overdraft fees.

The Consumer Financial Protection Bureau (CFPB) ordered Bank of America earlier today to pay over $250 million for unlawful practices, including “double-dipping” on overdraft fees, using customers’ information to open accounts without their knowledge since 2012, and failing to fulfill rewards bonuses that had been explicitly promised to individuals.

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