V · News · 20260911N

Nonbank ATM Surcharge Settlement

VISA INC. · 2026-09-11 · Importance 34 · Surprise 42 · In source text

Visa and Mastercard reached a $167.5 million class-action settlement concerning surcharges charged by independent, nonbank ATMs in the United States. The covered period runs from October 24, 2007, through August 14, 2026, for consumers whose banks did not fully reimburse the surcharge. Eligible consumers must submit claims by February 10, 2027; the reported settlement could create legal and cash costs for Visa, although the company-specific allocation was not disclosed.

Key facts

• A $167.5 million class action settlement has been reached with Visa and Mastercard regarding ATM surcharges. source
• Claims must be submitted by February 10, 2027. source
• Consumers who paid a surcharge at an independent ATM in the U.S. between October 24, 2007, and August 14, 2026, and were not fully reimbursed by their bank, may be eligible for a cash payment. source
• Proof is not required initially to submit a claim in the settlement. source
• Visa Inc. Class A has filed a Form 8K on September 11. source

Impact estimates