March 2 2026

Add-on Products Net BofA Nearly $800M in Restitution and Fines

Bank of America to refund customers $727 million and pay $45 million in fines for card add-on products, such as deceiving customers into buying credit monitoring and identity theft protection. CFPB indicates it will be "vigilant in [its] pursuit of companies who wrong consumers in this market." [4/10]

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