ATM Fees Class Action Settlement 2025: The $197.5 million settlement reached by Visa and Mastercard will compensate victimized ATM fee payers. The ATM fee class action settlement provides financial compensation to all individuals suffering ATM fee fixture charges. Eligible persons who file claims will receive payment according to this settlement agreement.
Eligible for $197.5 million settlement
The class action settlement requires refunds for customers who used Wells Fargo, JP Morgan, Bank of America’s Mastercard, or Visa ATM networks to make payments and experienced unrefunded fees. You need to show your fees came during the period from October 1, 2007, through July 26, 2024.
Eligibility Requirements
- You need to be a United States resident to qualify.
- You become eligible for the settlement when you make ATM fee payments that rely on the Mastercard or Visa system.
- The period between October 1, 2007 and July 26, 2024 includes your eligible ATM fee expenses.
- Visa has pledged to pay $104.6 million.
Mastercard will pay $92.8 million
Claimants using Visa or Mastercard as payment methods will receive equal payment amounts according to the distribution system.
Claim filing deadline
Visa and Mastercard cardholders need to file their claims before January 22, 2025. The set deadline controls the acceptance period because claims submitted after this date will be denied.
Important Date
| ATM Fees Class Action Settlement 2025 | Important Dates |
|---|---|
| ATM fee payment period | October 1, 2007 to July 26, 2024 |
| Claim submission deadline | January 22, 2025 |
| Final hearing date | January 23, 2025 |
Settlement objective
As part of the settlement, the program aims to compensate individuals when they receive unauthorized ATM fees. An extensive human class started this legal action when many people filed the same complaints according to court approval.
The financial payment exists regardless of fault admission because the companies prefer settlement rather than legal battles.
What should you do?
Those who paid ATM fees between October 1, 2007, and July 26, 202,4 qualify to participate in the settlement process. For this:
- Check your eligibility.
- Fill out the claim form before January 22, 2025.
- Wait for the final hearing.
This $197.5 million settlement is a great opportunity for the affected people to recover their losses and get financial justice. Visit the official website atmclassaction.com for more information and to fill out the form.
FAQs $197.5M ATM Fees Class Action Settlement 2025
Q1. What is ATM Fees Class Action Settlement 2025?
Individuals who used ATMs from Wells Fargo, JP Morgan, or Bank of America from October 1, 2007, through July 26, 2024, are eligible to receive compensation.
q2. What date determines the last opportunity to submit claims?
A2. People must submit their claims no later than January 22, 2025. The submission period for claims ends in January 2025.
Q3. How large will my payment be?
A3. The amount available to you depends on the number of eligible claimants; Visa beneficiaries can obtain $104.6 million, while Mastercard beneficiaries can obtain $92.8 million. These funds will be divided equally among all those who qualify.
Q4. How to file a claim?
A4. To file an online claim, use the atmclassaction.com portal to complete your form by submitting the required supporting documents.
Q5. Do I have to go to court?
A5. You do not require court attendance for the class action. Once approved, your check payment will be sent directly to your bank account.
