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Bank of America customers are reporting they’re receiving their refunds from the Bank of America overdraft class action lawsuit settlement. However, the refund checks look like postcards and not normal checks, which may increase the possibility that some Class Members may overlook them as junk mail.
The refunds are part of a $410 million class action lawsuit settlement reached in 2011 over allegations Bank of America manipulated debit transactions to maximize the fees the bank could charge to customers who overdrew their bank accounts.
Current Bank of America customers automatically received their refund from the overdraft fee class action settlement on or about November 2, 2012, while former customers will receive their refund in the form of a check sent to the last known mailing address.
Former Bank of America customers are reporting they are receiving these checks, which must all be sent by November 30, 2012. The checks reportedly look like postcards as part of an attempt to save money on postage and printing.
If your address has changed since you had a Bank of America account, you can update your mailing address by sending a request to the Settlement Administrator at:
Checking Account Overdraft Litigation
P.O. Box 2505
Faribault, MN 55021-9505
118 thoughts onBank of America Overdraft Settlement Checks In the Mail!
My check was for $2.47–I didn’t even bother cashing it or depositing it–put it directly in the shredder–which is where B of A belongs
My check was for $9, when I got charged hundreds of dollars in one day for transactions!! Not worth it.
Nothing yet. Where can I call to check on this?
Nothing here either. Where can we call to check on this?
I, understand your frustation BOA gave away over $5000.00 dollars to ID thieves 2010 and charged us $35.00 overdraft fees per check total of 10+ $350.00+. Also let’s not forget the late charges on the late payments etc.
We are still trying to recover.
Nothing here, still waiting
$127 and the mailing looked like those old style paychecks, but the return address clearly says something about BOA and overdraft refund.
$1.93 cents big woops i paid them 100s in overdrafts
I received a check for $95, but others in my family who were with BOA, but no longer have received nothing so far.
My check was for $2.55 after all the money they keep from the overdraft is nothing. I was waiting at least $100.00 or at least $50.00
BOA hit me with lots of overdraft fees,now they say I was sent a check,it would of went to my last address where my friend lives never got sent there I want my money the blood suckers took from me
yesterday in the mail I received a check for 10.07,telling me it represents my additional payment,well id like to know where my first one is? I will not cash this one for fear they will say I cashed it so that’s all I get and I know they owe me thousands.. emma..
I found my check today in the kitchen drawl I didn’t know that was a check until I opened the check letter can I still cash it you still owe me this money or do I get a lawyer to fight for this monry and why did you put a date to not cash this check