{"id":1711,"date":"2024-12-28T04:04:22","date_gmt":"2024-12-28T04:04:22","guid":{"rendered":"https:\/\/www.soscip.org\/us\/?p=1711"},"modified":"2024-12-28T04:04:23","modified_gmt":"2024-12-28T04:04:23","slug":"refund-visa-mastercards-192-million-settlement","status":"publish","type":"post","link":"https:\/\/www.soscip.org\/us\/refund-visa-mastercards-192-million-settlement\/","title":{"rendered":"Get Your Refund in Visa and Mastercard\u2019s $192 Million Class Action Settlement: Deadline is here Soon"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\">Great news for Visa and Mastercard users! A monumental <a href=\"https:\/\/www.soscip.org\/us\/refund-visa-mastercards-192-million-settlement\/\" data-type=\"link\" data-id=\"https:\/\/www.soscip.org\/us\/refund-visa-mastercards-192-million-settlement\/\">$192 million settlement<\/a> is underway, and it could mean cash refunds for millions of affected cardholders. This settlement stems from a class-action lawsuit that accused the credit card giants of unfairly raising ATM fees, leaving consumers and retailers with unexpected financial burdens.<\/p>\n\n\n\n<div class=\"wp-block-rank-math-toc-block\" id=\"rank-math-toc\"><h2>Table of Contents<\/h2><nav><ul><li><a href=\"#1-whats-behind-the-settlement\">1. What\u2019s Behind the Settlement?<\/a><\/li><li><a href=\"#2-who-qualifies-for-a-refund\">2. Who Qualifies for a Refund?<\/a><\/li><li><a href=\"#3-how-will-refunds-be-distributed\">3. How Will Refunds Be Distributed?<\/a><\/li><li><a href=\"#4-how-to-file-your-claim\">4. How to File Your Claim<\/a><\/li><li><a href=\"#5-key-deadlines-to-remember\">5. Key Deadlines to Remember<\/a><\/li><li><a href=\"#6-why-this-settlement-matters\">6. Why This Settlement Matters<\/a><\/li><li><a href=\"#conclusion-take-action-now\">Conclusion: Take Action Now<\/a><\/li><\/ul><\/nav><\/div>\n\n\n\n<p class=\"wp-block-paragraph\">If you\u2019ve been impacted, you might qualify for a refund. Here\u2019s everything you need to know about the settlement, eligibility criteria, and how to claim your reimbursement.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"1-whats-behind-the-settlement\"><strong>1. What\u2019s Behind the Settlement?<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The $192 million settlement addresses claims that Visa and Mastercard facilitated unfair fee hikes on ATM transactions in the U.S. Although neither company directly sets fees or issues cards, banks within their networks allegedly charged extra ATM fees without clearly disclosing them to consumers.<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Settlement Breakdown:<\/strong>\n<ul class=\"wp-block-list\">\n<li>Visa: $104.6 million<\/li>\n\n\n\n<li>Mastercard: $92.8 million<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">These fees affected both cardholders and retailers, leading to higher transaction costs. While Visa and Mastercard have not admitted to any wrongdoing (a common clause in such settlements), they\u2019ve agreed to pay the settlement amount to resolve the dispute.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/www.soscip.org\/us\/claim-2500-cash-app-class-action-settlement\/\" data-type=\"post\" data-id=\"1006\">Claim Up to $2,500 Cash App Class Action Settlement: Check if You are Eligible<\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/www.soscip.org\/us\/100-walgreens-million-settlement-prescription\/\" data-type=\"post\" data-id=\"1293\">$100 Walgreens Million Settlement in Prescription Pricing Class Action: Eligibility &amp; Payout<\/a><\/p>\n<\/blockquote>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"2-who-qualifies-for-a-refund\"><strong>2. Who Qualifies for a Refund?<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Not everyone who paid ATM fees is eligible for a refund. Here\u2019s a breakdown of who qualifies:<\/p>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"you-may-be-eligible-if\"><strong>You May Be Eligible If:<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>You paid an <strong>unreimbursed ATM surcharge<\/strong> using a Visa or Mastercard debit card between <strong>October 1, 2007, and July 26, 2024<\/strong>.<\/li>\n\n\n\n<li>The surcharge was imposed by a U.S.-based bank within the Visa or Mastercard ATM network (e.g., JPMorgan Chase, Wells Fargo, Bank of America).<\/li>\n<\/ul>\n\n\n\n<h3 class=\"wp-block-heading\" id=\"you-are-not-eligible-if\"><strong>You Are Not Eligible If:<\/strong><\/h3>\n\n\n\n<ul class=\"wp-block-list\">\n<li>You\u2019ve already received a refund for the same ATM fees in a previous settlement.<\/li>\n\n\n\n<li>Your debit card was issued outside the United States.<\/li>\n<\/ul>\n\n\n\n<p class=\"wp-block-paragraph\">If you participated in another settlement for ATM fee-related claims but incurred additional surcharges afterward, you\u2019ll need to submit a new claim to be considered for this refund.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/www.soscip.org\/us\/5-million-american-massive-credit-card-data-leak\/\" data-type=\"post\" data-id=\"1279\">5 Million Americans Hit by Massive Credit Card Data Leak: Here\u2019s How to Protect Yourself<\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/www.soscip.org\/us\/capital-one-bank-settlement-2024-payouts\/\" data-type=\"post\" data-id=\"900\">Capital One Bank Settlement 2024: Payouts, Eligibility, and Key Dates<\/a><\/p>\n<\/blockquote>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"3-how-will-refunds-be-distributed\"><strong>3. How Will Refunds Be Distributed?<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">The settlement funds will be distributed based on the extent of the excessive ATM fees you paid. While the exact refund amounts will vary, the distribution ensures fairness based on individual claims and supporting evidence.<\/p>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/www.soscip.org\/us\/equifax-data-breach-settlement\/\" data-type=\"link\" data-id=\"https:\/\/www.soscip.org\/us\/equifax-data-breach-settlement\/\">Equifax Data Breach Settlement: Amount, Deadlines and Compensation<\/a><\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/www.soscip.org\/us\/claim-cash-3-65m-t-mobile-employment-settlement\/\" data-type=\"post\" data-id=\"371\">Claim Your Cash: $3.65M T-Mobile Employment Class Action Settlement<\/a><\/p>\n<\/blockquote>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"4-how-to-file-your-claim\"><strong>4. How to File Your Claim<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Filing for reimbursement is simple and doesn\u2019t require extensive documentation upfront. Follow these steps to ensure your claim is submitted correctly:<\/p>\n\n\n\n<ol class=\"wp-block-list\">\n<li><strong>Visit the Official Class Action Website:<\/strong>\n<ul class=\"wp-block-list\">\n<li>Access the claim form online or download it for mail submission.<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>Complete the Claim Form:<\/strong>\n<ul class=\"wp-block-list\">\n<li>Provide your contact information.<\/li>\n\n\n\n<li>Sign a legally binding statement under oath confirming that you paid excessive surcharges. Be honest\u2014this is a legal document.<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>Submit Your Claim:<\/strong>\n<ul class=\"wp-block-list\">\n<li>Mail the completed form to:<br><strong>ATM Surcharge Settlement<\/strong><br><strong>P.O. Box 170500<\/strong><br><strong>Milwaukee, WI 53217<\/strong><\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>Additional Documentation:<\/strong>\n<ul class=\"wp-block-list\">\n<li>While you don\u2019t need to submit proof immediately, the claims administrator may request evidence later in the process.<\/li>\n<\/ul>\n<\/li>\n<\/ol>\n\n\n\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p class=\"wp-block-paragraph\"><a href=\"https:\/\/www.soscip.org\/us\/16-million-capital-one-settlement\/\" data-type=\"post\" data-id=\"215\">$16 Million Capital One Settlement: Are You Eligible for a Payment or Credit?<\/a><\/p>\n<\/blockquote>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"5-key-deadlines-to-remember\"><strong>5. Key Deadlines to Remember<\/strong><\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Claim Submission Deadline:<\/strong> January 22, 2025\n<ul class=\"wp-block-list\">\n<li>Ensure your claim form is completed and submitted by this date to be eligible for reimbursement.<\/li>\n<\/ul>\n<\/li>\n\n\n\n<li><strong>Final Approval Hearing:<\/strong> January 24, 2025\n<ul class=\"wp-block-list\">\n<li>The court will review the settlement to ensure it\u2019s fair, reasonable, and adequate for all parties.<\/li>\n<\/ul>\n<\/li>\n<\/ul>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"6-why-this-settlement-matters\"><strong>6. Why This Settlement Matters<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">This settlement is a significant win for cardholders, addressing years of excessive fees and lack of transparency. It also serves as a reminder of the importance of consumer rights and the power of collective legal action.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">If you\u2019ve used a Visa or Mastercard debit card for ATM transactions in the U.S. during the eligibility period, this could be your chance to reclaim funds that were unfairly taken.<\/p>\n\n\n\n<hr class=\"wp-block-separator has-alpha-channel-opacity\"\/>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"conclusion-take-action-now\"><strong>Conclusion: Take Action Now<\/strong><\/h2>\n\n\n\n<p class=\"wp-block-paragraph\">Don\u2019t miss out on your opportunity to receive a refund. Check if you qualify, file your claim before the deadline, and stay informed about the settlement\u2019s progress. This $192 million resolution is a step toward fairness for cardholders across the country.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Stay vigilant, submit your claim, and ensure you get the refund you deserve!<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Great news for Visa and Mastercard users! A monumental $192 million settlement is underway, and it could mean cash refunds for millions of affected cardholders. This settlement stems from a class-action lawsuit that accused the credit card giants of unfairly raising ATM fees, leaving consumers and retailers with unexpected financial burdens. If you\u2019ve been impacted,&nbsp;<a class=\"read-more\" href=\"https:\/\/www.soscip.org\/us\/refund-visa-mastercards-192-million-settlement\/\">Continue reading<\/a><\/p>\n","protected":false},"author":1,"featured_media":1715,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[],"class_list":["post-1711","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-finance"],"_links":{"self":[{"href":"https:\/\/www.soscip.org\/us\/wp-json\/wp\/v2\/posts\/1711","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.soscip.org\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.soscip.org\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.soscip.org\/us\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.soscip.org\/us\/wp-json\/wp\/v2\/comments?post=1711"}],"version-history":[{"count":4,"href":"https:\/\/www.soscip.org\/us\/wp-json\/wp\/v2\/posts\/1711\/revisions"}],"predecessor-version":[{"id":1716,"href":"https:\/\/www.soscip.org\/us\/wp-json\/wp\/v2\/posts\/1711\/revisions\/1716"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.soscip.org\/us\/wp-json\/wp\/v2\/media\/1715"}],"wp:attachment":[{"href":"https:\/\/www.soscip.org\/us\/wp-json\/wp\/v2\/media?parent=1711"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.soscip.org\/us\/wp-json\/wp\/v2\/categories?post=1711"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.soscip.org\/us\/wp-json\/wp\/v2\/tags?post=1711"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}