Discover to refund $200-million

Discover Bank will pay millions in fees to settle accusations by regulators that it pressured credit card customers to buy costly add-on services such as payment protection and credit monitoring. Discover, the sixth-biggest U.S. credit card issuer, will pay a $14-million (U.S.) fine and refund $200-million directly to more than 3.5 million customers, U.S. federal authorities said Monday. The company's call-centre workers enrolled customers in the programs without their consent, misled them about the benefits and left customers thinking the products were free, regulators said. The action was brought by the new Consumer Financial Protection Bureau and the Federal Deposit Insurance Corp. Discover said this summer that it expected an enforcement action about add-on products.