U.S. regulators on Wednesday ordered Bank of America (BAC.N) to pay $727 million in relief to consumers over practices related to credit card add-on products.

The Consumer Financial Protection Bureau also fined Bank of America $20 million over allegations of deceptive marketing of products and unfair customer billing practices. The Office of the Comptroller of the Currency fined the bank an extra $25 million.

Source: Reuters (by Emily Stephenson)