News / 

Credit Card Companies Ordered to Refund Customers

Credit Card Companies Ordered to Refund Customers

Save Story
Leer en español

Estimated read time: Less than a minute

This archived news story is available only for your personal, non-commercial use. Information in the story may be outdated or superseded by additional information. Reading or replaying the story in its archived form does not constitute a republication of the story.

Your credit card could soon be paying you some extra money.

A judge has ordered Visa and Mastercard to refund an estimated $800 million to their U.S. customers.

The refunds stem from a hidden fee on purchases made in foreign countries as far back as 1996. The two companies added a one percent surcharge to transactions requiring foreign currency to be converted into U.S. dollars.

The order finalizes a tentative ruling that had been under court seal since February.

Most recent News stories


Get informative articles and interesting stories delivered to your inbox weekly. Subscribe to the Trending 5.
By subscribing, you acknowledge and agree to's Terms of Use and Privacy Policy.

KSL Weather Forecast