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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 received the first card telling me about the lawsuit. It said I had to do nothing to be involved. Now I find that a settlement has been made & I’ve heard nothing. I was charged hundreds of dollars by the bank that I didn’t have. Who do I get in touch with to find out if I’m going to get anything? Please let me know.
They get me for 200-300 a month for the last ten years. Processing my debits first an d they clear. Then days later a check comes through to overdraw and they pay it . A 35 dollar charge and then more 35 dollar charges for the debits that already cleared days before. Guess what? the check of course is larger than the debits. i am furious !!! Probably got me for 10,000.00 How do I get involved in this settlement?? Some one help please.
They get me for 200-300 a month for the last ten years. Processing my debits first an d they clear. Then days later a check comes through to overdraw and they pay it . A 35 dollar charge and then more 35 dollar charges for the debits that already cleared days before. Guess what? the check of course is larger than the debits. i am furious !!! Probably got me for 10,000.00 How do I get involved in this settlement?? Some one help please.
They get me for 200-300 a month for the last ten years. Processing my debits first an d they clear. Then days later a check comes through to overdraw and they pay it . A 35 dollar charge and then more 35 dollar charges for the debits that already cleared days before. Guess what? the check of course is larger than the debits. i am furious !!! Probably got me for 10,000.00 How do I get involved in this settlement?? Some one help please.
They get me for 200-300 a month for the last ten years. Processing my debits first an d they clear. Then days later a check comes through to overdraw and they pay it . A 35 dollar charge and then more 35 dollar charges for the debits that already cleared days before. Guess what? the check of course is larger than the debits. i am furious !!! Probably got me for 10,000.00 How do I get involved in this settlement?? Some one help please.
They get me for 200-300 a month for the last ten years. Processing my debits first an d they clear. Then days later a check comes through to overdraw and they pay it . A 35 dollar charge and then more 35 dollar charges for the debits that already cleared days before. Guess what? the check of course is larger than the debits. i am furious !!! Probably got me for 10,000.00 How do I get involved in this settlement?? Some one help please.
They get me for 200-300 a month for the last ten years. Processing my debits first an d they clear. Then days later a check comes through to overdraw and they pay it . A 35 dollar charge and then more 35 dollar charges for the debits that already cleared days before. Guess what? the check of course is larger than the debits. i am furious !!! Probably got me for 10,000.00 How do I get involved in this settlement?? Some one help please.
This will befuddle many of you, but I own a food business. B of A manipulated ALL of my transactions so they would result in higher fees(as we already know). During the time in question, I saved every sheet of paper which had between $35.00 and $175.00 per DAY in fees. The maximum was $175.00 in fees per DAY. In that period of time, I spent over $324,000.00 in fees, that I was charged by the bank because of timing every night they put through my checks and then 1 hour later my merchant account covered them, but they ultimately returned them. Then I had to send my vendor their $35.00 to cover the money they were charged by their bank. The bank owes me an enormous amount of money and judging from your responses, it looks like I need to hire a team of attorneys to go after the bank for my refund. Is it not a shame, that I ran and still do a reputable business and your bank is trying to put you out of business. Their behavior was unconscionable, disgusting and it has had an unrelenting impact on my cash flow for 10 years. I left them 2 years ago, but I better see my money soon or I’m going to file another separate suit. I have EVERY single incriminating document to prove their manipulation of my funds. I hope someone reaches out for me asap at the email address on this comment.
You definitely need a lawyer . Don’t wait too long or you will be barred
Haven’t received anything yet. I always open post cards that look like overdraft’s..LOL Its the norm for BOA. LOLLOL
JUST TO LET EVERY ONE KNOW B OF A HAS $90 MILLION IN UNCLAIMED MONEY.