Advertisement
Smart Buying

Refunds on the Way for Amex Customers, E-Book Buyers

A government crackdown will put money back in some consumers' pockets.

Ruchika Budhraja, an attorney in Washington, D.C., loves her Kindle, but she tries to limit purchases to two e-books a month. Soon, she may be able to add to her virtual library at no cost. Last August, the U.S. Department of Justice charged several publishers with conspiring to boost prices of e-books. Without admitting or denying the charges, the publishers agreed to refund $69 million to consumers who bought e-books between April 2010 and May 2012. In addition to Kindle owners, consumers who bought e-books from Barnes & Noble’s Nook Books and Apple’s iBooks are eligible.

A final hearing on the settlement is scheduled for February. If it’s approved, buyers are expected to receive $1.32 for each New York Times bestseller and 30 cents for all other books. Find details at https://ebooksagsettlements.com.

Advertisement - Article continues below

Another settlement could put extra cash in the accounts of about 250,000 American Express customers. The Consumer Financial Protection Bureau says an Amex subsidiary misled customers who signed up for Amex’s Blue Sky credit card program. Those customers are eligible for a $300 credit or check by March 15. For details, go to www.consumerfinance.gov.

This article first appeared in Kiplinger's Personal Finance magazine. For more help with your personal finances and investments, please subscribe to the magazine. It might be the best investment you ever make.

Advertisement

Most Popular

HSAs Get Even Better
Financial Planning

HSAs Get Even Better

Workers have more options with flexible spending accounts, too.
July 2, 2020
2020 Stock Market Holidays and Bond Market Holidays
Markets

2020 Stock Market Holidays and Bond Market Holidays

Is the market open today? Take a look at which holidays the stock markets and bond markets take off in 2020.
July 1, 2020
Find a Great Place to Retire
happy retirement

Find a Great Place to Retire

Our cities provide plenty of space to spread out without skimping on health care or other amenities.
July 2, 2020

Recommended

Sales Tax Holidays in 2020
state tax

Sales Tax Holidays in 2020

Sixteen states are having sales tax holidays this year. If you plan your shopping around these tax-free periods, you can save big on back-to-school cl…
July 1, 2020
13 Luxury Goods That Are Cheaper at Costco
spending

13 Luxury Goods That Are Cheaper at Costco

You could be missing out on huge savings: Costco sells a limited selection of luxury goods at discounted prices, both in-store and online.
June 27, 2020
COVID-19: A Once-in-a-Lifetime Chance to Change Our Spending Habits
spending

COVID-19: A Once-in-a-Lifetime Chance to Change Our Spending Habits

The coronavirus pandemic has changed everything, including how we spend money. Are you spending less right now? Many people are. Here’s how to make th…
June 17, 2020
24 Best Travel Websites to Save You Money
spending

24 Best Travel Websites to Save You Money

Traveling is fun and you can do it without breaking the bank — you just have to know where to go online first.
June 12, 2020