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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 husband and I have both 2 personal accounts and 1 business account. We have been waiting for our reimbursement of improperly charged overdraft fees. We received post cards that we were eligible for payment from class action settlement and our new addres is 24 Cedarwood Lane, Hope Valley RI; simiiar to our old address, but different county in RI. Please look into this, they may have been reeturned or fraudulently cshed. Thank you. Natalie Casci
Im writng because i recieved a post settlement letter about 2yrs ago and nothing
I received the postcards, had an account with BOA between 2007-2012. Paid a ton of bogus NSF fees. NO CHECK THOUGH. I HAVE MOVED BUT FORWARDED ALL MY MAIL SINCE. Anyone have any ideas on what I should do here. Please Help.
If I am due a refund, how would I go about finding how and how much? Or is this a scam!
I had an account during the specified time period given for the this lawsuit, and was NOT notified about this lawsuit. I was also RAPED on overdraft fees and they still never notified me… So I plan on contacting one of the lawyers involved in the case to speak on the matter. I sent a letter before the October 18th 2013 cutoff date and got no reply. I plan to sue Bank of America for not notifying me of this, on top of not sending me any form of a settlement.
I had an account with BOA from 2007 to 2012 I have not received my refundn check. WHen will I receive that? I did receive the notice that I qualified. I have since moved.
I finally got a settlement check for ten dollars they took more than that from me.I’ve been banking with bank of America for nine or ten years out of all the settlement money that’s all I get out of it way more than that was taken from me why is this.1217
I have changed my addressed to 1906 Delaware dr apt a rCharlotte,nc 28215 I don’t know if they have been trying to reach me
Received the notice but never saw a dime! I have had an account with BOA for the last 12 yrs.Like to know where my money is?I never got a dime!I was overdraft many times I would rather they declined it now they do!Where is all this money we were supposed to get?
Do I get settlement out of overdraft lawsuit?