MBNA fined for overcharging credit card customers

MBNA has been fined €750,000 for imposing incorrect charges totalling almost €17m on hundreds of thousands of its credit card customers.

MBNA fined for overcharging credit card customers
Thu, 23 Jun, 2011 - 12:43

MBNA has been fined €750,000 for imposing incorrect charges totalling almost €17m on hundreds of thousands of its credit card customers.

The Central Bank said MBNA applied interest rate charges to some credit card accounts from the transaction date rather than the statement date.

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