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[SITUATION] · [ACTIVE] · [BUSINESS]
2 clusters · 4 sources · 6 days · First seen · Last updated
Facua complaint against ING in Spain
Overview
The consumer rights organization Facua filed a formal complaint against ING before the Ministry of Social Rights, Consumption, and 2030 Agenda in Spain. The dispute concerns the bank’s failure to honor a 10% cashback promotion on credit card purchases of 100 euros or more, which was communicated to customers via email with a validity period through August 28.
While ING initially attributed the issue to an “operational incident” and claimed the promotion was inactive, the bank later announced it would apply the discount. However, ING unilaterally shortened the validity period to August 14. Facua argues that the bank is legally required to respect the original terms and cannot modify promotional conditions to the detriment of consumers who relied on the initial offer.
Entities
ING · FACUA · Civil Court of Cipolletti · Comisión para el Mercado Financiero · Galgo
Timeline
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7 days ago
[BUSINESS] 2 sourcesING and Galgo face regulatory and consumer disputesConsumer group FACUA has denounced ING in Spain for modifying a credit card promotion, while Chilean fintech Galgo is appealing a CMF fine regarding interest rate limits.
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12 days ago
[BUSINESS] 2 sourcesING denounced by Facua over disputed credit card promotionFacua has denounced ING to Spanish consumer authorities for failing to honor the original terms and duration of a 10% cashback credit card promotion.
Sources
barilochedigital.com · eldiario.es · finde.latercera.com · periodicodebaleares.es