February 11, 2020 / 12:46 AM / 17 days ago

BRIEF-Westpac NZ Says Compensating Some Credit Card Customers

Feb 11 (Reuters) - Westpac Banking Corp:

* WESTPAC NZ SAYS COMPENSATING CREDIT CARD CUSTOMERS WHO RECEIVED THEIR CARD WITHOUT RECEIVING A WELCOME LETTER CONTAINING DISCLOSURE INFORMATION

* WESTPAC NZ SAYS 19,365 CUSTOMERS TO BE PAID $3.7 MILLION, IN LINE WITH SETTLEMENT AGREED WITH COMMERCE COMMISSION

* WESTPAC NZ SAYS AFFECTED CUSTOMERS BETWEEN MAY 2017 & MARCH 2018 BEING CONTACTED OVER COMPENSATION PAYMENT; FIGURES IN NZ$ Further company coverage:

0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below