DES MOINES, IOWA (February 8, 2021) — Iowa Attorney General Tom Miller announced that Citibank will pay $4.2 million to resolve allegations that it overcharged credit card interest for about 25,000 customers in Iowa and four other states.
As a result of the settlement, Citi will refund $216,325 to 1,407 Iowa customers. The average Iowa refund is $153.75.