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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!
I was charged over 1500.00 in overdraft charges and have received nothing. After reading the responses. I will be so angry if I get 2.00. But as I said. Nothing so far! This is a joke
my wife only received a post
I haven’t received anything but a post card saying that I qualify for a refund smh..
In total agreement with guest7777. There should be SOME way to follow up for those of us who haven’t received payment. Something definitely needs to be done about this because it is absolutely ridiculous!!!!
As of March 13th I have not received anything either. Better yet after the attorneys receive their million dollar fees, us plaintiffs NOW ARE being told that their claim might not have made it. It is NOW THE INDIVIDUAL’s responsibility to figure it out themselves. GREAT, ALL THOSE LAWYERS FEES FOR WHAT?????? Now we have to figure it out after the Court states we don’t have to do anything. SOMETHING IS WRONG HERE!! AND YOU CANNOT GET IN TOUCH WITH ANY HUMAN BEING AT ANY ADMIINISTRATOR’S TELEPHIONE NUMBER.
Haven’t recevied nothing!
I also lost my apartment I never really recovered from 450. Worth of overdraft fees. I hate bank of America
How do I figure out if I fall into the class action lawsuit? I never recieved a letter or any kind of correspondence stating I was. I had a checking and saving acct in AZ from 2003 till about 2007 or 2008. Thats when I closed my acct when the overdraft fees messed up my acct beyond repair at the time.
My address 904 shaman crescent #101 virginia beach, va.23455 I haven’t seen or heard anything yet, but still waiting. I lost my apartment because of the overdraft fees. It changed my family life.
Haven’t receivedm my check. I relocated from California to Utah and have my BofA records (account number any changes, etc. I kept my account with BofA in Utah even though the only banking services they provide in this State. Is an ATM machine. And what was very inconvenient is I mailed my deposits as the ATM machines (2) were locate 2 hoursaway from where I was living. I liked BofA and only had trouble if I could not prove in good faith overdraft charges shouldn’t be deducted from my account. During the period of time I banked with BofA (and years before that and after) which qualifies me to receive a check. I didn’ have much of any issues that arose. Hope living out of state doesn’t prevent my receiving my check in a timely manner. I no longer bank with BofA and hope this also doesn’t cause more delay in getting my check in hand.
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