According to information, Visa and Mastercard agreed to pay a $197.5 Million ATM Fee Class Action Settlement. This will allow people to get justice financially against the filed lawsuit. People have filed claims that they were charged an unreimbursed ATM fee. People who qualify can get their financial compensation.
Eligible claimants will get their cut from the $197.5M that can help people to receive a certain amount as compensation. $197.5M ATM Fee Class Settlement can help people to get compensation absent the wrongdoing.
$197.5M ATM Fees Class Action Settlement 2025
Certain people can collect their cut from the $197.5M after getting final approval from the court. This payment will be released if you file a valid claim for this $197.5M ATM Class Compensation Amount. It is justice provided to people financially. So, you need to check the full information to ensure they can get this payment after the release of this payment.
Plaintiffs can get certain conditions to become a valid beneficiary for this payment. It can allow people to get financial justice against ATM withdrawal fees. This article explores ATM Fees Class Action Settlement 2025 to help people get their compensation on time. This article also includes information on payment amounts, eligibility criteria, and others.
$197.5M ATM Fees Settlement 2025- Overview
| Article On | $197.5M ATM fees class action settlement 2025 |
| Country | USA |
| Department | JP Morgon, Wells Fargo and Bank of America |
| Beneficiary | Valid Claimants |
| Amount | $197.5M |
| Category | Finance |
| Official Website | atmclassaction.com |
ATM Fees Class Action Settlement Eligibility
People need to ensure that they can get this payment against filing a lawsuit for ATM fees that were not legal. Therefore, people can check the full information to get a $197.5M ATM Fees Class Action Settlement and become eligible for this settlement. The following conditions can help you to become a valid beneficiary for this payment.
- You are a resident of the USA.
- You have made unreimbursed ATM access fees directly to Wells Fargo, JP Morgan, and Bank of America members of Mastercard or Visa ATM networks.
- You have been charged fees from October 1, 2007, to July 26, 2024.
Understanding $197.5M ATM Fees Class Action Settlement
A large number of ATM holders have filed lawsuits against the company. Due to a larger number of lawsuits filed for the same reason, the court has approved this as a Class Action lawsuit. The plaintiffs made the claim that the relevant company has charged ATM access fees which violates the law. Therefore, they want to sue for their wrongdoing. $197.5M ATM Fees Class Settlement is agreed to pay to the affected people. This can support meeting justice for those facing access fees through violating the law.
However, the company refused any wrongdoing that includes information about the ATM access fees. Therefore, they agreed to pay $197.5M to settle this lawsuit. If you have also paid ATM access fees between October 1, 2007, and July 26, 2024, then you can also get your cut from $197.5M ATM Access Fees Class Settlement. It can only be paid to individuals if they become valid claimants through making a valid claim and meeting all the necessary eligibility.
What is the total ATM Fees Class Settlement Amount?
The involved company will release $197.5M to settle the ATM Fees Class Action Lawsuit. Therefore, affected people should know about the payment amount that they can receive. So you need to know that Visa has agreed to pay $104.6M to their affected customers. This payment will be distributed among the visa cardholders who make a valid claim. Similarly, MasterCard has approved to payment of $92.8M among affected claimants. So, you need to check your eligibility and ensure that you qualify the certain criteria to become valid claimants.
You also need to know that this payment can be distributed among valid claimants based on the total number of beneficiaries. This means the visa card holders can get equal payment same as other visa card holders claimants. Similarly, MasterCard holders will also get a similar ATM Fees Class Settlement Amount as other MasterCard holders will get. So, you need to wait to get your financial justice to know how much you can get as compensation amount.
$197.5 Million ATM Fees Class Action Settlement Claim Deadline
Affected claimants need to know the last date to make a valid claim. It is the only way to become a valid claimant and become a beneficiary for the $197.5M ATM Settlement Amount. So, people should know that January 22, 2025, is the last date to make a valid claim. This can allow people to become a valid beneficiary for this amount. So, you need to take care of the deadline to make a valid claim to file a claim form.
ATM Fees Class Action Settlement Important Dates
People should know all the important dates that can allow claimants to get their payment. It can help an individual to sue the company and get justice. Affected people need to check the following dates to take proper initiative to get compensation from the ATM Fees Class Settlement Amount.
| Particular | ATM Fees Class Compensation Important Dates |
| ATM Access Fees Dates | October 1, 2007 to July 26, 2024 |
| Claim Form Submission Deadline | January 22, 2025 |
| Final Hearing Date | January 23, 2025 |
| Official Website | Click Here |
| Homepage | KeralaCoBank.Com |
Samarth Choudhary is a Chief Editor at keralacobank.com. He has overall editorial experience of 10 years in online media. He has completed his graduation from University of California and masters in Finance from University of Dallas in year 2010. His major interest and expertise is in Finance, Taxes, Government Aid and Schemes. His Major focus is to help users to get relevant information which are published on keralacobank.com in easy and precise form.