$197.5M ATM fees class action settlement

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Max Payout

TBD

Filing Deadline

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Proof Required?

Visa and Mastercard have agreed to pay $197.5 million to settle a class action lawsuit over allegedly unlawful ATM surcharge fees. The lawsuit claimed that these payment processors charged improper fees on ATM transactions, potentially costing consumers millions of dollars in excess charges. If you used an ATM and were charged surcharge fees during the relevant time period, you may be entitled to compensation from this settlement. The total settlement fund of $197.5 million will be distributed among qualifying class members who can demonstrate they were affected by these allegedly unlawful charges.

Who Is Eligible?

You may be eligible to file a claim if you:

You used an ATM that charged surcharge fees during the class period
You were charged what may have been unlawful surcharge fees by Visa or Mastercard-affiliated ATMs
You have records or documentation of ATM transactions with surcharge fees
You are a U.S. resident (specific dates and locations details pending)

How Much Can You Get?

The total settlement amount is $197.5 million, which will be distributed among all qualifying class members. The exact amount each person receives will depend on several factors, including the total number of valid claims filed and the extent of surcharge fees each individual paid during the class period. Payment amounts per person are not yet specified, as the settlement details are still being finalized. Individual payouts will likely vary based on documentation provided and the frequency of affected ATM transactions.

How to File Your Claim

Filing your claim is quick and easy:

Gather documentation of ATM transactions that included surcharge fees during the relevant time period
Review the settlement notice when it becomes available to confirm your eligibility
Wait for the official claim form to be released (details pending)
Complete the claim form with accurate information about your affected transactions
Download the Class Action Buddy app to help you track this and other settlements you may be eligible for

Frequently Asked Questions

What ATM fees are covered in the Visa Mastercard settlement?

The settlement covers allegedly unlawful surcharge fees that were charged on ATM transactions processed through Visa and Mastercard networks. Specific details about which types of surcharge fees are included are still being finalized.

How much money can I get from the ATM fees class action?

Individual payout amounts from the $197.5 million settlement will vary based on the number of valid claims filed and the extent of surcharge fees you paid. Exact amounts per person have not been announced yet.

Do I need receipts to file a claim for the ATM settlement?

While specific documentation requirements haven't been announced yet, it's likely you'll need some proof of ATM transactions that included surcharge fees. Bank statements or ATM receipts showing these charges would be helpful to keep.

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