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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 paid thousands of dollars in NSF fees iand overdraft fees at B of A when I still had an account. I was part of the class-action settlement and yet as of June 1, 2014 I have not received a single thing!
I just got my check in the mail box today 5/20/14, but guest what! It expired April 15, 2014. How can I get a replacement? Please advise or kindly replaced.
Hello , Please let me know if you get any info how to get the check replacement.
Thank you
Hello , Please let me know if you get any info.
Thank you
They’re STILL being skanky anyhow.
I received my first settlement check for $20-ish dollars last year, to my current address.
About a week ago, I got a call from an old roommate with a postcard feom BofA stating that I had failed to cash my settlement check for $622 and that now it was too late to have a new check reissued. I haven’t lived there in 4+ years!!! Why did they send the larger amount to a very old address but the chump change to my current address?
Look into this folks. Just another way they’re screwing you over.
I can tell you why no one is getting any money back. A majority went to the lawyers who handled this lawsuit. The actual people who paid the fees get little to nothing back.
I never asked to be part of a class action suit. Nor do I ever remember being overdrawn. Something smells like rotten fish.
You can take this $5.75 check and shove it up the lawyer’s butt. They are the only ones that make anything on these cases.
Paper checks come with a small letter? Mine came with a few short paragraphs not really explaining where it came from and it’s a lot more than I would expect. It’s from BOA in Wilmington, DE and dated 2/21. I’m almost afraid to cash it. Too good to be true.
Thanks “Skank of America” for stealing hundreds of dollars from me and giving me back $30. This company is pathetic to have to steal from those who are currently overdrafting their account, and which most thought they had overdraft protection on top of it. THIS IS A CRIMINAL ORGANIZATION.
I have been with B of A for over 30 years and received a small check dated Feb 14, 2014. My address has not changed so why are they just now contacting me for $33.30. They have screwed me out of a LOT of overdraft, this is typical B of A.
I just received a check for $16.20 in the mail today, however, I never received an initial check. I have been a BOA customer since 2002. I don’t recall ever getting my account credited either. I agree that BOA took hundreds of dollars in 12 years that I’ve been with them for all kinds of different fees, not just OD…THIEVES!!!
Why is everyone whining? YOU overdrafted YOUR account by spending more money than you had. It really doesn’t matter if it is for $1.00 or $1,000, YOU did that, not BofA.
Sure, their method was skanky- but so is spending more than you honestly have. Basically, you’re calling out BofA as cheating, but you do the exact same thing when you charge more than you have.
Don’t want OD fees? Simple solution; don’t overspend your account.
You are the skank defending a skank.
You’re not understanding the real issue here – Bank of America preying on people who are not rich like you obviously are. Sometimes things happen- a hardworking single mother of two miscalculates or forgets about a check – that does not give them the right to rearrange transactions to charge 7 overdraft fees when 1 would have been charged. Obviously the courts sided with this so who are you to even comment?
I agree with Todd R.
Often they commit fraud and you don’t owe any overdraft fees but even if you legitimately owe one overdraft fee they have no legal right to charge you ten overdraft fees. If you for example don’t pay your parking meter you should be given one ticket for that offense but no twenty tickets for other times and places you parked your car when you parked your car and put enough money in your parking meter