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American Express Deceives Customers, Will Issue $85 Million Refund — Dollars and Sense

Have an American Express card that you never leave home without? You can expect a refund.

According to a report by the Consumer Financial Protection Bureau, American Express will be refunding $85 million to some 250,000 customers due to what officials are calling deceptive practices that include the charging of illegal late fees and discrimination against applicants 35 years old and up.

For nearly a decade, American Express was guilty of committing various infractions against its card owners that cheated customers into believing they were obtaining benefits like sign-up bonuses and improved credit scores that never came to pass.

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Joe Raedle, Getty Images
Joe Raedle, Getty Images
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Wondering Where Your Tax Refund Is? Don’t Check With the IRS

If you filed your taxes electronically, you may be wondering where your refund is. And, if you visited the IRS website’s “Where’s my refund?” page, you may have been given an error message that says the IRS has no information about your return.

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