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Banks Making A Killing On Penalty Fees

Published on May 24, 2010 by Technology Slice

Banks Making A Killing On Penalty Fees – Banks have been making huge profit margins of up to 14,000 per cent on controversial exception fees levied on a variety of basic transactions. Confidential data from two banks, obtained by Your Money, has revealed the true cost to the banks when customers are overdrawn or exceed [...]

Tags: banks, Confidential Data, Lawyers, Maurice Blackburn, Money, Penalty Fees, Profit Margins, Profits, Six Years, Slade, Variety
Posted in Money

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NAB Refunding Fees

Published on May 16, 2010 by Technology Slice

NAB Refunding Fees – National Australia Bank says a mass of customer refunds for late fees has nothing to do with the threat of a $5 billion class action. The potential class action against 12 banks would seek to claw back billions for customers in ”exception fees”, including for late credit card payments or overdrawn [...]

Tags: banks, Billions, Credit Card Payments, game, Knee Jerk Reaction, Late Fees, Lisa Gray, Maurice Blackburn, nab, National Australia Bank, National Bank, Personal Banking
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Banks Making A Killing On Penalty Fees

NAB Refunding Fees

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