Visa and Mastercard don agree to pay one combined $167.5 million class action settlement. The settlement na to resolve claims say the two companies violate federal and state antitrust laws by stopping independent ATM operators from charging different ATM surcharges.
The non-bank ATM settlement go benefit people wey dem charge access fee for cash withdrawal at independent ATM between Oct. 24, 2007, and Aug. 14, 2026, and their bank never fully reimburse dem.
Court papers claim say Visa and Mastercard violate federal and state antitrust laws when dem prohibit independent ATM operators from charging different access fees based on the network wey process the transaction. As a result, consumers allegedly pay higher access fees than dem suppose pay.
Visa and Mastercard na payment networks wey allow consumers use debit and credit cards buy goods and services. The networks also allow consumers withdraw cash from ATMs.
Visa and Mastercard never admit any wrongdoing, but dem agree to the $167.5 million class action settlement to resolve the allegations. Visa agree to pay $88,775,000, while Mastercard agree to pay $78,725,000.
Under the non-bank ATM settlement terms, class members fit receive proportional share of the net settlement fund. The share go base on number of qualifying surcharged transactions wey dem submit. Exact payment amounts go vary depending on how many claims dem file. No payment estimates dey available at this time.
The deadline for exclusion and objection na Dec. 11, 2026. The final approval hearing for the ATM fees settlement dey scheduled for Feb. 17, 2027.
To collect settlement benefits, class members must submit valid claim form by Feb. 10, 2027.
People from California, Illinois, Massachusetts and Michigan dey included as separate state-wide classes.
Texans fit also qualify. Texas residents may dey included in the nationwide settlement class if dem use independent ATM inside the United States between Oct. 24, 2007, and Aug. 14, 2026, pay access fee, and their bank never fully reimburse dem.
The settlement generally no include credit-card transactions, cash advances or prepaid-card transactions. Independent ATM na one wey bank or financial institution no own.
People wey qualify fit need provide bank statements, ATM receipts or other documentation.
Make you file only if you meet the official eligibility requirements, because claims dey submit under penalty of perjury. If you no qualify, no file claim. Filing fraudulent claim dey harm other eligible class members. If you no sure, read the FAQ section of the settlement administrator website to check if you meet all standards.
The amount each person go receive go depend on number of valid claims and number of qualifying transactions wey dem report. No guaranteed payment estimate dey at this time.
Settlement administrator dey reachable through the official settlement website or by calling 866-893-1053. The case na Burke v. Visa Inc., et al., Case No. 1:11-cv-01882, in the U.S. District Court for the District of Columbia. The settlement website na NonBankATMSurchargeSettlement.com. The settlement administrator address na Non-Bank ATM Surcharge Fee Settlement c/o A.B. Data Ltd., P.O. Box 173053 Milwaukee, WI 53217.
The final approval hearing for the ATM fees settlement dey scheduled for Feb. 17, 2027.
