Article 717G8 Commonwealth Bank, Temu and HCF among those named at this year’s Shonky awards

Commonwealth Bank, Temu and HCF among those named at this year’s Shonky awards

by
Emma Joyce
from on (#717G8)

Choice's annual list also includes the entire energy retail sector for allegedly hoodwinking customers with confusing prices

Commonwealth Bank is the recipient of a special prize" in Choice's 2025 Shonky awards for failing its low income-customers, with the consumer advocacy group singling out Australia's biggest bank for charging the cohort a collective $270m in unfair fees.

When Asic caught a number of major banks charging low-income customers with excessive fees this year, CBA stood out from the pack," said Choice's CEO, Ashley de Silva.

Continue reading...
External Content
Source RSS or Atom Feed
Feed Location http://feeds.theguardian.com/theguardian/world/rss
Feed Title
Feed Link http://feeds.theguardian.com/
Reply 0 comments