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Wells Fargo will pay millions in refunds for pet insurance, other add-on products

The fees affected hundreds of thousands of customers and the total cost could climb to more than $180 million.

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Wells Fargo bank ATM A pedestrian walks past an automated teller machine (ATM) outside a Wells Fargo & Co. bank branch in Los Angeles, California, on Thursday, April 19, 2018. Add-on products often come attached to financial accounts and can include identity theft and debt-protection services, pet insurance and legal advice. (Photo: Patrick T. Fallon/Bloomberg)

(Bloomberg) – Wells Fargo & Co. is issuing refunds for monthly fees it charged on so-called add-on products that customers may not have fully understood.

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