In a new victory in our fight against junk fees, CNN reports that the Consumer Financial Protection Bureau just ordered Bank of America to pay more than $250 million for charging illegal junk fees and other practices that harm consumers.

By repeatedly charging customers $35 insufficient funds fees for the same transaction, Bank of America pocketed "tens of millions of dollars in fees."

CFPB Director Rohit Chopra -- one of our top allies -- says, "These practices are illegal and undermine customer trust. The CFPB will be putting an end to these practices across the banking system."

While this victory is great news, there is much more to be done to end junk fees. In multiple speeches, President Biden has pointed to bills that have been introduced in both the House and Senate to fight junk fees. We need to get those passed!

Can you join many others who are fighting for policies to end junk fees?

We are recruiting an army of people willing to fight for policies that end junk fees from hotels, airlines, banks and credit cards, ticket sellers, funeral homes, car dealers, and more. Click here to share your junk fees stories and FIGHT BACK.

On the page, you'll have the option to describe in detail how junk fees have impacted you. We want to elevate these stories in the media and with lawmakers. The more vivid, the more powerful, the better -- like these:

Catherine V. says, "Looking for a house or apartment I am charged $50.00 every time I apply. Many times unbeknownst to me the place was already rented. I am low income and the $50.00 fee for every single application makes me unable to keep applying."

R.Z. says, "For a visit to an ENT doctor, I was billed a 'building fee' presumably for stepping into the building for my appointment."

Amy B. says, "I just bought tickets to see Aerosmith in November. It's my first concert since my amputation & I had to buy wheelchair accessible seats. When I went to check out, I had almost $100 in fees & taxes for 2 tickets!!!"

Gayle C. says, "I recently checked into a hotel. The upfront fee was about $148 -- but after the 'junk' fees it was about $198. Isn't that called bate & switch?"

Some actions require new laws, but two of our top allies have already begun using existing power to fight junk fees -- Lina Khan, who chairs the FTC, and Rohit Chopra, who chairs Elizabeth Warren’s Consumer Financial Protection Bureau.

Biden put his muscle into this effort in his 2023 State Of The Union, saying:

I know how unfair it feels when a company overcharges you and gets away with it…

We’ll ban surprise "resort fees" that hotels tack on to your bill. These fees can cost you up to $90 a night at hotels that aren’t even resorts.

We’ll make cable internet and cell phone companies stop charging you up to $200 or more when you decide to switch to another provider.

We’ll cap service fees on tickets to concerts and sporting events and make companies disclose all fees upfront.

And we’ll prohibit airlines from charging up to $50 round trip for families just to sit together. Baggage fees are bad enough – they can’t just treat your child like a piece of luggage.

Americans are tired of being played for suckers. Pass the Junk Fee Prevention Act so companies stop ripping us off.

Junk fees are a tax on you by greedy corporations, and we are recruiting people to share their stories and fight back. Click here -- and tell us how you have been personally impacted by junk fees.

And, chip in to our fight against junk fees here.

Thanks for being a bold progressive.

-- The PCCC Team (@BoldProgressive

 

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