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Banks made $32 billion on overdraft fees last year

Bank customers may complain about hefty overdraft fees, but they’re using the service more and paying the price. A new report from Moebs Services, a respected economic research firm, shows overdraft revenue at banks, credit unions and thrift institutions totaled $32 billion last year. That’s an increase of $400 million or 1.3 percent from 2011.

 

Video: New Verizon Wireless charge sparks outrage

Verizon Wireless

Verizon Wireless, the nation’s largest wireless phone and Internet provider, will begin charging millions of customers a $2 fee to pay their bills online. The fee, which will take effect on January 15, was greeted by a wave of customer outrage.

Senh: Geez, Verizon Wireless is trying to squeeze in whatever charges they can and hope customers won't notice. Paying bills online helps them save money on paper, and now they want to charge for it? Not a good move, especially after the three service outages they had recently.

 

Some big banks back down from debit-card fee

Sometimes, the big banks can hear their customers. J.P. Morgan Chase & Co. has decided that it won't charge customers who use their debit cards to make purchases.

 

Airlines get low score from customers

Airlines get low score from customers

Airlines score lowest among 47 industries evaluated by the American Customer Satisfaction Index, according to a report released by the national index Tuesday.

 

More customers exposed as big data breach grows

The names and e-mails of customers of Citigroup Inc and other large U.S. companies, as well as College Board students, were exposed in a massive and growing data breach after a computer hacker penetrated online marketer Epsilon.

 

5 Wash. bikini baristas accused of prostitution

Five Washington state baristas charged customers to touch their breasts and buttocks at an espresso stand where servers wear bikinis to draw business, police said.

 

Surprise: In the era of cutbacks, hotel guest satisfaction rises

Though lodgings are slashing staff and reducing operating costs, they're satisfying guests more, says the 2009 J.D. Power and Associates North America Hotel Guest Satisfaction survey. It's out today. Four of the six segments covered -- upscale, mid-scale full-service, midscale...

 

Heads of top U.S. companies snub blogs, Facebook: study

The heads of the top U.S. companies might be engaged in the boardroom, but they're switched off when it comes to social media, according to a new study that said CEOs should be more connected to their customers.

 

Hotels Are Piling On Fees

Eager to boost revenue, many hotels are raising fees and hitting customers with more surcharges that don't show up next to room rates.

 

Radio Shack employee punches customer

A Radio Shack employee faces disorderly conduct and battery charges for punching a customer. Police said the customer was trying to return an item Sunday, but the employee wouldn't let him. The customer then asked to talk to a manager.

 

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