$167.5M Visa, Mastercard ATM Fee Settlement
Visa and Mastercard have agreed to pay a combined $167.5 million to resolve claims that they violated federal and state antitrust laws by restricting how independent ATM operators could set surcharge fees. Visa will contribute $88.775 million, while Mastercard will contribute $78.725 million. Both companies deny wrongdoing.
The settlement covers certain consumers who paid unreimbursed access fees at independent ATMs over a period stretching from 2007 through 2026. Payments will vary based on the number of qualifying transactions submitted and the total number of valid claims.
Who’s Eligible
You may be eligible if you were charged an access fee for a cash withdrawal at an independent, non-bank ATM between October 24, 2007 and August 14, 2026, and your bank did not fully reimburse that fee.
Separate statewide classes also apply to individuals in California, Illinois, Massachusetts and Michigan.
Settlement Payout
Class members will receive a proportional share of the net settlement fund based on the number of qualifying ATM surcharge transactions they submit.
There is no fixed payment amount at this time. Final payments will depend on the number of approved claims and qualifying transactions.
Filing a Claim
To receive a payment, eligible class members must submit a valid claim by February 10, 2027.
The settlement says supporting documentation can include bank statements, receipts or other records showing qualifying transactions.
The deadline to object to or exclude yourself from the settlement is December 11, 2026, and the final approval hearing is scheduled for February 17, 2027.
Settlement Details
- File claim here: Non-Bank ATM Surcharge Settlement Claim Form
- Potential Award: Unknown
- Proof of Purchase Required: Bank statements, receipts or other documentation of qualifying transactions
- Settlement Pool: $167.5 million
- Filing Deadline: February 10, 2027
- Final Approval Hearing: February 17, 2027
- Case: Burke v. Visa Inc., et al., Case No. 1:11-cv-01882, U.S. District Court for the District of Columbia
