$1.2B Discover credit card merchant interchange fee class action settlement
By the Class Action Buddy Editorial Team · Last reviewed April 22, 2026
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.
Looking for a settlement you can still file?
This one is closed, but our 60-second eligibility quiz finds the ones that are still open.
Who Was Eligible?
Who the settlement covered:
- You are a merchant, merchant acquirer, or payment intermediary (not individual consumers)
- You were involved in processing or accepting a misclassified Discover card transaction
- The transactions occurred between January 1, 2007, and December 31, 2023
How Much Did It Pay?
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.
How this claim was filed
This settlement is closed, so the steps below are kept for reference only — they no longer lead anywhere you can file.
- Visit the official claim portal at discovermerchantsettlement.com
- Submit documentation under penalty of perjury confirming eligibility and overpayment amounts
- Proof of purchase documentation is required
- Claims must be submitted by May 18, 2026
Looking for something you can still claim?
This one has closed, but the open settlements list is kept current, and Class Action Buddy will tell you when a new one matches your profile.
Frequently Asked Questions
What is the deadline to file a claim for the $1.2B Discover credit card merchant interchange fee class action settlement?
The deadline to file a claim was May 18, 2026, and it has passed. Claims are no longer accepted for this settlement.
Did I need documentation for the $1.2B Discover credit card merchant interchange fee class action settlement?
Yes — this settlement required supporting documentation, and the official claim form set out what counted.
What is the Discover credit card merchant settlement about?
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.
How much can merchants receive from the Discover settlement?
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.
When is the deadline to file a Discover merchant settlement claim?
The filing deadline has not yet been announced. Settlement details and claim procedures are still being finalized by the court.
Primary source: official settlement administrator — discovermerchantsettlement.com. The settlement details on this page were checked against the administrator’s official website.
Class Action Buddy is an independent directory and is not affiliated with, endorsed by, or sponsored by the settlement administrator or the court. This page is general information, not legal advice. See how we verify settlements.
This settlement has closed
The filing deadline for this one has passed, so no new claims are being accepted. Class Action Buddy tracks the settlements that are still open and tells you when a new one matches your profile.
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