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Citizens Bank Reaches $137.5M Overdraft Fee Settlement
By Mike Holter
The Citizens Bank overdraft fee settlement joins Citizens with 12 other banks, including Bank of America and JPMorgan Chase, who have agreed to refund customers millions of dollars in unfair overdraft fees. To date, approximately $750 million will be returned to customers from the class action lawsuit settlements reached in the case In re: Checking Account Overdraft Litigation.
Like the other banks, Citizens Bank is accused of reordering debit-card transactions from highest to lowest, rather than in the order that the transactions occurred, in order to maximize the number of overdraft fees that could be charged to a customer.
Keep checking Top Class Actions for details on how to file a claim for the Citizens Bank Overdraft Fee Class Action Lawsuit Settlement once they become available. Find out how to file a claim for the Citizens Bank Overdraft Fee Settlement here.
All class action and lawsuit news updates are listed in the Lawsuit News section of Top Class Actions
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16 thoughts onCitizens Bank Reaches $137.5M Overdraft Fee Settlement
Well it is about time citizens pays the people back…..
Didn’t matter if you have OD protection or not. They gave up on the OD protection account and charged you a “service fee” for dipping into the over draft account. I am assuming that they operated in the same manner in order to charge these fees as well. Hope I’m part of the Class Action even though I had overdraft “protection.”
Their crooks despite saying I didn’t want OD protection for years They still do!!!
It”s about time I’m on disability and have been screwed for years.”
Shirley,
I received the post card as well today. The phone number is 1-888-273-0426.
Best of luck to all of us who have been robbed by Citizens.
i just received the post card in the mail today , but the phone number is cust off I have 1-888-2 could someone email me the rest of the phone number so I can call thanks
I have been charged $40 for a $8 overdraft. I threw away my debt card a year ago because it was costing $300 or more a year to have it. Some overdrafts, most were under $20 , some $2.oo
I closed an account I got $850 in overdraft fees in ONE DAY.
Wish I had all the money that they soaked this 69 year old woman for o d fees.
It’s about time! I closed several accounts for this practice.