Visa and Mastercard agreed to a $197.5 million ATM fee settlement to resolve claims they charged unlawful surcharges on ATM transactions.
The settlement benefits individuals and entities that paid an unreimbursed ATM access fee directly to JP Morgan, Wells Fargo, Bank of America or banks that are members of the Visa and/or Mastercard ATM networks between Oct. 1, 2007, and July 26, 2024.
Plaintiffs in the ATM class action lawsuit claimed banks and ATM networks conspired to charge unlawful surcharges on ATM transactions. This agreement allegedly violated federal antitrust laws.
Visa and Mastercard are digital payment companies.
In the past, JP Morgan Chase, Wells Fargo and Bank of America agreed to settlements totaling $67 million to resolve their liability in the case. Now, Visa and Mastercard agreed to additional settlements to resolve the claims against them. Visa will contribute $104.675 million, and Mastercard will contribute $92.825 million for a total settlement fund of $197.5 million.
Under the terms of the ATM fee settlement, class members can receive a cash payment based on the ATM surcharges they paid during the class period. No payment estimates are available at this time.
Class members who previously filed a claim and received payment from a past settlement regarding the same issue do not have to file another claim. These class members will automatically receive a settlement payment based on the information they previously submitted. Class members who experienced additional surcharges since filing their initial claim can submit another claim form including these newer charges.
The deadline for exclusion and objection is Nov. 22, 2024.
The final approval hearing for the settlement is scheduled for Jan. 23, 2025.
To receive ATM fee settlement benefits, class members must submit a valid claim form by Jan. 22, 2025.
Whoโs Eligible
Individuals and entities that paid an unreimbursed ATM access fee directly to JP Morgan, Wells Fargo, Bank of America or banks that are members of the Visa and/or Mastercard ATM networks between Oct. 1, 2007, and July 26, 2024
Potential Award
Varies
Proof of Purchase
ATM receipts and electronic records
Claim Form
NOTE: If you do not qualify for this settlement do NOT file a claim.
Remember: you are submitting your claim under penalty of perjury. You are also harming other eligible Class Members by submitting a fraudulent claim. If youโre unsure if you qualify, please read the FAQ section of the Settlement Administratorโs website to ensure you meet all standards (Top Class Actions is not a Settlement Administrator). If you donโt qualify for this settlement, check out our database of other open class action settlements you may be eligible for.
Claim Form Deadline
01/22/2025
Case Name
Mackmin, et al. v. Visa Inc., Case No. 1:11-cv-01831-RJL-MAU, in the U.S. District Court for the District of Columbia
Final Hearing
01/23/2025
Settlement Website
Claims Administrator
ATM Surcharge Settlement
P.O. Box 170500
Milwaukee, WI 53217
info@ATMClassAction.com
877-311-3724
Class Counsel
Steven Berman
HAGENS BERMAN SOBOL SHAPIRO LLP
Stephen Neuwirth
QUINN EMANUEL URQUHART & SULLIVAN LLP
Steven A Skalet
MEHRI & SKALET PLLC
Defense Counsel
Matthew A Eisenstein
ARNOLD & PORTER KAYE SCHOLER LLP
Kenneth A Gallo
PAUL WEISS RIFKIND WHARTON & GARRISON LLP
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48 thoughts on$197.5M ATM fees class action settlement
The link does not work
YES, PLEASE ADD ME TO THIS SUIT. THANK YOU
The link provided does NOT work. Please add me to this lawsuit!
I received an email this morning, but the website isnโt available. Can I get a paper claim form?
Please add me to this lawsuit. The link provided doesnโt allow me to submit. Thank you!
The link doesnโt allow you to submit
I received an email about this and I do have wells Fargo debit visa.
I did have a chase visa debit card and several times paid ATM fees. I did receive an email, but every time I try and go to the website or use the link provided, nothing loads
I had well Fargo and other Visa and Mastercards since then 2007 on up
Have Wells Fargo and multiple visa and master card accounts
My claim # is 664725394
I need to edit amount of times i was charged ATM fees
Itโs supposed to be 4000 instead of 400
I received a letter about this. Please add me to the lawsuit
Bank of america stopped my account for no reason and sent me a 5 dollar check while I owed no cash at all!!!
But they had previously closed my account when they allowed my account to be frauded for a home loan as well as more money and told me they have no record of any account !!!!
Then had the gall to tell me my money in the account didnt exist!!!!
Meanwhile ,
All these fees are illegal that are taking place as i need to apply and be swiftly added to this claim!!!!