Santander stops issuing new credit cards after discovering interest overcharges to some customers

SANTANDER has suspended issuance of new credit cards after finding interest overcharges to some customers. / BLOOMBERG NEWS FILE PHOTO/ANGEL NAVARRETE
SANTANDER has suspended issuance of new credit cards after finding interest overcharges to some customers. / BLOOMBERG NEWS FILE PHOTO/ANGEL NAVARRETE
BOSTON – Santander Bank has stopped issuing new credit cards as it seeks to fix an issue in which the bank charged some credit card customers a higher interest rate than agreed to. The company, which discovered the interest overcharges internally, is in the process of informing and refunding customers for overcharges – which were…

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