Visa, Mastercard Settle $197M ATM Fee Lawsuit
TL;DR Summary
Visa and Mastercard have agreed to a $197.5 million settlement to resolve a class action lawsuit accusing them of keeping ATM fees high. The settlement, pending court approval, could benefit over 100 million Americans who withdrew money from bank-operated ATMs and paid fees since October 1, 2007. Notices will be sent out via email and targeted ads if approved. This follows a recent $5.54 billion settlement involving the companies and 18 million businesses over credit and debit card fees.
- Over 100 million Americans may be able to claim part of a $197 million settlement if approved by a court WGN TV Chicago
- Visa, Mastercard Reach $198 Million Deal in ATM Antitrust Case Bloomberg Law
- Here's how to claim your share of a multi-billion dollar credit card settlement NBC San Diego
- Visa, Mastercard to pay $197 million to settle consumer ATM fee lawsuit Reuters
- Visa, Mastercard Consumers Ink $197.5M ATM Antitrust Deal Law360
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