The Fee Hand of the Market 0
Your friendly local entrepreneurs at work.
The compensation, averaging $57 per cardholder, will go to customers charged for add-on products such as “Payment Protection” or “Wallet Protection.” Regulators said telemarketers for the Delaware bank followed misleading scripts and often sped through fee disclosures, leading customers to believe that the bank was touting benefits that came free with their cards.
Don’t know whether it’s a policy change or I have just been lucky, but I have noticed, the last couple of times I’ve activated an updated credit card, a notable absence of the sales pitches that used be be inflicted on me while in activation hell on activation hold.
