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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
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118 thoughts onBank of America Overdraft Settlement Checks In the Mail!
I haven’t received a dime I need my money
I haven’t received a dime
I need my money
I have not recieved anything nor has my husband, I’m in Terrell, Texas…
have not received anything from BOA. I still have my account there because I thought they’d depost into it but no deposit has been made.
I received a postcard check for $1.51 from Chase Bank today, I was not expecting. Wrote a letter to BOA last year updating and requestin my OD refund and as of today I am still waiting.
I haven’t received my check. What do I do?
how do i receive my check???/
no check yet
I never received my check from Rust, and I have written them several times, left voicemails, emails through website and have gotten no response. I finally filed a complaint with the BBB in Minnesota and got a response from Rust that my check will be reiussed and mailed within two weeks. It seems the BBB has a little more pull than us little guys. I will post if I get my check.
I got a card from Rust Consulting regarding the BOA Overdraft settlement stating I was going to get a check, blah, blah, blah. I never got one. I have written them four times and called them twice (now they have cut off the ability to leave messages). Seems to be the way they do things — just ignore the problem. Any suggestions? I don’t want to spend the money on a certified letter if the check is only for a couple of dollars.