Discover has agreed to pay $1.225 billion to settle a class action lawsuit alleging the credit card company misclassified card transactions, causing merchants to pay excessive interchange fees.
The case, CAPP Inc., et al. v. Discover Bank et al. (Case No. 1:23-CV-4676), was filed in the U.S. District Court for the Northern District of Illinois. If your business processed Discover cards that were incorrectly classified as commercial cards between January 1, 2007, and December 31, 2023, you may be eligible for a minimum payment of $10.
Not sure if this settlement applies to you?
Take our 60-second eligibility quiz to find every settlement you qualify for — including this one.
You may be eligible to file a claim if you:
All eligible class members receive a minimum of $10. Actual payments vary based on overpaid interchange fees. If total base payments exceed $50 million, amounts reduce proportionally. If totals fall below $540 million, payments increase proportionally.
Filing your claim is quick and easy:
💡 Easier way: File with Class Action Buddy
Skip the paperwork. Our app auto-fills your claim form with your saved profile and submits it electronically in under 2 minutes.
Download for iPhone Download for AndroidThe current deadline to file a claim is May 18, 2026. Note: claims sent by mail must be postmarked by this date, and Class Action Buddy ships claim forms with a 7-day mailing buffer to ensure on-time delivery.
The maximum payout per eligible claimant is up to Varies. Actual payments may be lower depending on the total number of valid claims filed and the available settlement fund.
Yes — this settlement requires proof of purchase. Acceptable proof typically includes receipts, credit card statements, photos of the product, or order confirmation emails. Check the official claim form for specifics.
You have two options: (1) Use the free Class Action Buddy mobile app — set up your profile once and the app auto-fills the PDF claim form, captures your signature, and submits the claim by mail on your behalf. (2) File directly with the settlement administrator using the official claim form linked on this page.
The settlement resolves claims that Discover misclassified certain credit cards as commercial cards instead of consumer cards, causing merchants to pay higher interchange fees than they should have.
The total settlement fund is up to $1.225 billion. Individual merchant payouts will depend on transaction volume and the number of claims filed, with specific amounts to be determined.
The filing deadline has not yet been announced. Settlement details and claim procedures are still being finalized by the court.
We're adding new settlements regularly. Download the app to get notified when this one is available.
Download Class Action Buddy →We find new class action settlements every week. Get alerts so you never miss free money.
No spam. Unsubscribe anytime. We respect your privacy.