TD Bank Fined $6.4M, Will Refund Customers for Credit Card Fee Rebate Errors

A person makes their way past a Toronto-Dominion Bank in Toronto's financial district on Aug. 14, 2023. A person makes their way past a Toronto-Dominion Bank in Toronto's financial district on Aug. 14, 2023. The Canadian Press/Spencer Colby The Toronto-Dominion (TD) Bank has been fined $6.4 million and ordered to refund nearly 256,000 customers for errors related to credit card annual fee rebates spanning two decades, a federal regulator said. The error involved the bank’s employees not properly applying annual fee rebates to credit card account holders, the regulator said....