$197.5 million settlement Visa and Mastercard ATM fees is closing soon

Visa and Mastercard ATM Update 2025: A big financial settlement involving Visa and Mastercard is coming to a close, and the deadline to file a claim is just around the corner. If you’ve used an ATM that worked with Visa or Mastercard in the past 17 years, you could be entitled to money from a $197.5 million settlement. But you must act fast. The deadline to sign up is Wednesday, January 22, 2025.

What Is This Settlement About?

The settlement is about the claiming Visa and Mastercard added an extra amount to transactions at certain bank operated ATMs. These charges affected customers who withdrew money using the Visa or Mastercard network. This legal agreement covers transactions between October 1, 2007, and July 26, 2024.

The settlement involves major banks, including JP Morgan, Wells Fargo, and Bank of America.These banks already agreed to pay $67 million in a separate settlement. However, Visa and Mastercard, along with the banks, have not admitted any wrongdoing.

Who Can Get Settlement for Visa and Mastercard ATM Update 2025 Money?

This settlement could affect 175 million people. If you filed a claim or received a payment from the earlier settlement, you’re automatically eligible for this new round. However, if you think you have paid an additional amount since filing your last claim, you’ll need to submit an updated claim.

If you’ve never filed a claim before, you can still join the settlement. New believes that he is eligible to file for the first time can file through the official website at atmclassaction.com.

How Much Money Will You Get?

It’s unclear exactly how much each person will receive. The total amount you get depends on how many claims are filed, along with court which can take up to 33% of the $197.5 million settlement. This means the fewer people who file, the larger the payment per person might be.

How to File a Claim for Visa and Mastercard ATM Settlement Update 2025

Visa and Mastercard ATM Update 2025
Visa and Mastercard ATM Update 2025

Filing a claim is simple, and the settlement administrators have made it easy to get information. Here’s what you need to do:

1. Visit the official settlement website: atmclassaction.com

2. File your claim online: Whether you’re filing for the first time or updating an existing claim, the website will guide you through the process.

3. Get help if needed: You can call (877) 311-3724 or email [email protected] for more details or assistance.

Make sure you have the details of your ATM transactions, especially if you believe you’ve been charged additional amounts over the years.

Why Is This Important?

This settlement is significant because it’s one of the largest class actions related to ATMs. It shows how companies like Visa and Mastercard can face accountability for fees that hurt millions of customers. While the settlement does not mean the companies admitted wrongdoing, it does offer compensation to those who were affected.

If you used an ATM connected to Visa or Mastercard between 2007 and 2024, this settlement might provide you with some financial relief. Filing a claim could take just a few minutes and might result in a payment for charges you shouldn’t have had to pay in the first place.

Final Reminder for $197.5 million settlement involving Visa and Mastercard ATM fees

The deadline to file your claim is January 22, 2025, so don’t wait. Millions of people may be eligible, but you need to act quickly to ensure you’re included. Visit atmclassaction.com today to file your claim and secure your share of the $197.5 million settlement.

Conclusion

A $197.5 million settlement involving Visa and Mastercard ATM fees is closing soon. If you used their ATMs from October 1, 2007, to July 26, 2024, you might qualify for compensation. File a claim by January 22, 2025, at atmclassaction.com. Payments depend on claims filed. Act now to secure your share of this significant settlement.

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