NAB is set to payout up to $40 Million to over 30,000 customers for “Excessive Credit Card Late Payment Fees” + other charges.
This settlement by NAB will apply additional pressure to ANZ + CBA + Westpac Banks who are also facing class actions in the courts for similar claims against “Unfair Fees”.
NAB customers will soon be informed if they are entitled to receive part of the massive $40M payout.