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Award (how much your claim may be worth): You can receive a refund of improper overdraft fees you were charged to your Chase bank checking account.

 

Class Action Lawsuit Settlement Case(s):  In re: Checking Account Overdraft Fee Litigation, Case No. 9-md-2036-JLK, U.S. District Court, Southern District of Florida.

 

Company(ies): PJMORGAN CHASE, N.A.

Chase Bank

 

 

 

 

 

 

 

 

Website of the Class Action Lawsuit Settlement Administrator (FILE YOUR CLAIM HERE): www.ChaseOverdraftSettlement.com

 

Address to submit a claim form (REQUIRED):

 

Some Class Members will need to submit a Claim Form in order to receive a payment from the Chase overdraft fee class action lawsuit settlement. (See “Details” to see if you fall into this category.) These Class Members must submit a Claim Form and supporting documentation either online at www.ChaseOverdraftSettlement.com or to the following address postmarked no later than February 8, 2013:

 

Chase Overdraft Settlement

c/o Rust Consulting

P.O. Box 8041

Faribault, MN 55021-9441

 

Phone Number to call for assistance: (877) 552-1296

 

Details: The Chase overdraft settlement is the latest settlement to be reached in the massive class action lawsuit In re Checking Account Overdraft Litigation. The litigation involves more than 30 banks sued over their overdraft-fee policies, in which customers say the banks reordered debit card transactions in order to maximize overdraft fees. The Chase overdraft fee class action lawsuit also claims that, instead of declining transactions when an account had insufficient funds to cover a purchase, Chase authorized the transactions and then processed them in highest to lowest dollar order, which had the effect of increasing the number of overdraft fees the bank charged its customers.

Chase denies any wrongdoing but has agreed to a $110 million class action lawsuit settlement to resolve the litigation. Chase has also agreed that, for a period of at least two years, it will not charge overdraft fees on individual debit card transactions of $5.00 or less.

Class Members of the Chase overdraft fee class action settlement include anyone who (A) held a Chase, Bank One, or Bank of New York consumer deposit account accessible with a Chase debit card anytime between January 1, 2003 and March 29, 2010; and (B) were charged one or more overdraft fees as a result of Chase’s practice of posting debit card transactions from highest to lower dollar amount.

To be included in the Class, you must have had two or more overdraft fees on a single day during the time period listed above.

Some Class Members will automatically receive their payments from the Chase overdraft class action settlement, either as account credits (if you still have a Chase account) or in the form of a check (if you no longer have a Chase account). These “automatic” Class Members include all Chase accounts (except former BoNY accounts) who incurred an overdraft fee during the time period January 1, 2005 through March 29, 2010, and Chase accounts that formerly were BoNY accounts and incurred an overdraft fee between April 1, 2007 and March 29, 2010.

Other Class Members will need to file a Claim Form by the deadline of February 8, 2013 in order to receive a payment. These “non-automatic” Class Members include Chase account holders who incurred an overdraft fee between January 1, 2003 and December 31, 2004. It also includes holders of Chase accounts that formerly were Bank of New York accounts and incurred an overdraft fee from October 2, 2006 through April 1, 2007.

The amount of money you will receive from the Chase overdraft settlement will depend on the number of overdraft fees charged to your Chase account during the Class Period. Payments will be distributed after the Court grants final approval to the settlement and any appeals are resolved. A Final Approval Hearing is set for December 10, 2012.

Claim Forms and more information on your rights in the Chase Overdraft Fee Class Action Lawsuit Settlement can be found at www.ChaseOverdraftSettlement.com.

 

UPDATE 4.26.13: The Court entered Final Approval to the Chase overdraft class action settlement. All settlement funds will be distributed before May 17, 2013.

 

Overdraft Fees Incurred Between: 

 

Current Chase Customers:

All Chase Accounts (except former BoNY accounts): January 1, 2005 – March 29, 2010

Chase Accounts that formerly were BoNY accounts: April 1, 2007 – March 29, 2010

 

Former Chase Customers:

Chase Accounts in 2003 and 2004: January 1, 2003 – December 31, 2004

Chase Accounts that formerly were BoNY accounts: October 2, 2006 – March 31, 2007

 

Claims must be postmarked by: 2/8/13


Settlement Administrator(s): Rust Consulting

 

Class Counsel:

 

Bruce S. Rogow, Esq.
BRUCE S. ROGOW, P.A.
 
Aaron S. Podhurst, Esq.
PODHURST ORSECK, P.A.
 
Robert C. Gilbert, Esq.
GROSSMAN ROTH, P.A.
 
Russell Budd, Esq.
BARON & BUDD, P.C.
 
Richard Golomb, Esq.
GOLOMB & HONIK, P.C.
 

Defense Counsel:

 

David Lesser, Esq.
WILMER CUTLER PICKERING HALE AND DORR LLP

  

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44 Comments

  • Anonymous December 4, 2012

    Please sue bbt bank out of n. Carolina.
    They were the absolute worse bank concerning od fees, processing large checks first so customers incurred more fees…..greedy, like most banks.

  • Steve January 3, 2013

    Has anyone heard anything about this? My address changed since I had Chase accounts, so I don’t know if they have the right one. Any idea when the checks would be mailed out? The phone number is a recording – you can’t get to a person. Emails don’t get responded to. .

  • Shawn K January 4, 2013

    Is there somewhere online to see what happened on the 10th of December? I’ve banked with Chase since 05 and I know they got a couple thousand from me. I sure hope to get some of it back.

  • Steve January 4, 2013

    Shawn – Yes, at http://www.ChaseOverdraftSettlement.com it says the court approved the settlement and people with manual claims have until February 8, 2013 to send them in. That seems to be the only useful information the website has though.

  • david trujillo January 8, 2013

    How do i know if im automatically filled. Been with chase since2000.

  • jose cardoso January 10, 2013

    when? we get the payment they are thaking to long and we need to know when and how much…

  • james January 15, 2013

    I know I have a lots coming they went thru thousands of dollars in less then 5 months get their ass

  • Steve January 16, 2013

    Spoke to someone over there…they responded to my email.

    They should have more info next month, but as of right now everything closes the first week of February. From there, the checks and/or credits will come about 120 days later. He said don’t expect them until the end of May.

    He also said they don’t have amounts yet of the checks, but not to expect refunds of all the overdrafts you paid. You won’t be able to pay rent with the settlement checks, but you might be able to go to a nice dinner.

  • Kathy January 19, 2013

    This is a blessing-this is why I closed out my account three years ago, because of the ridiculous overdraft, when I was short $2-3 dollars after a debt transaction. That’s why I moved to Wells Fargo. At least they allow you 1-2 business days to correct your debit card “overspending”.

    Wells Fargo is not perfect, but they have a practice in place. Chase is will burn.

  • Sam Lafoca January 25, 2013

    Is anyone experiencing delayed ACH deposits, up to 9 days, then Chase charges overdraft fees and suddenly, the ACH deposit appears the next day.
    Just Curious ?

  • AJ January 26, 2013

    They’re not the only bank. TCF did it for years, Wells Fargo does it on some of their accounts, even my credit union has taken to re-organizing transactions…ugh! I got a notice today that I’m part of a settlement for M&I doing this to me. It’s a shady practice and I’m glad the banks are being called for it

  • Amy February 7, 2013

    how do I contact a lawyer or anyone who can answer questions?

  • Amy February 7, 2013

    I guess I will try the phone number listed above. Opps.

  • greg hicks February 8, 2013

    ive had chase accounts since 2004 to 2010
    i wonder how would they get in touch with me since my address has changed and my accounts with chase are closed but you do have my email. i did recieve the notice about the settlement to my new address. please update me with any new progress on this settlement..

  • jessica February 20, 2013

    he Court entered a formal order and judgment approving the Settlement with JPMorgan Chase Bank, N.A. in In Re: Checking Account Overdraft Litigation, 1:09-MD-02036-JLK on December 19, 2012.

    The February 8, 2013 deadline for filing a claim form has now passed.

    The Effective Date of the Settlement is expected to occur on April 18, 2013. The Settlement Fund proceeds will be distributed through the issuance of an account credit or by mailed check within 30 days of the Effective Date.

  • Wes February 24, 2013

    I was apart of this settlement and would like to get what’s coming to.Chase new what they where doing to the people who had accounts with there bank.

  • Erika March 5, 2013

    I KNEW KNEW KNEW they were ripping me off!!! Chase would be sure to make larger transactions clear before any smaller ones -even out of sequence ones, then they’d wrack up on the overdraft fees, leaving my account waaaaay below NSF. I kept telling people there was something wrong about the way they were clearing my debits… lo and behold! This is where attorneys come in handy. Wahoo!

  • Erin April 18, 2013

    #2 They are supposed to start distributing payments tomorrow. They are still rearranging my purchases… How can they still be doing this?

  • Shelley April 18, 2013

    Has anyone received an account credit yet cause I haven’t

  • Debbie April 18, 2013

    It’s the 18th, and I haven’t received squat!

  • lola April 22, 2013

    Has anyone recieved any payment yet

  • Shelley April 23, 2013

    I haven’t received anything

  • lwilliam April 23, 2013

    They did it again….I should of had one NSF fee today and everything was rearranged to get three overdrafts instead of one. After I receive my percentage of settlement….I will leave Chase. It is such a crime against people who struggle….don’t have enough words to say what I am thinking and I was always taught, “if you have nothing good to say, don’t say anything”

  • Ashley April 24, 2013

    FYI to those that haven’t seen it……on the official chase overdraft lawsuit website, they have changed the posting to reflect that payments should be distributed on or before May 17th, 2013.

  • CC April 30, 2013

    Has anyone recieved any money yet via check or automatic credit

  • lwilliam April 30, 2013

    nope…nothing yet.

  • Art May 9, 2013

    Recieved a $1.51 today are you kidding me what a joke .

  • Phil May 9, 2013

    23.95 via credit to account hit a few minutes ago, what a joke. I know I was taken for at least a couple thousand, was hoping for a few hundred. 23.95 is not even what they charge for overdraft fees.

  • Clent Goff May 9, 2013

    This is some frackernackle bull… I received my $25.82 credit yesterday. I was expecting much more!!!

  • deborah May 9, 2013

    Received $3.58. That doesn’t even cover the overdraft fees!!! Complete bull!

  • Debbie May 9, 2013

    I received $3.45 today!

  • Kyle May 9, 2013

    wow this is disgusting…reading through the comments it looks like people aren’t even going to receive $50 out of this settlement…I am receiving $10.40 which is insulting, I’m putting my money into a local credit union. Down with Chase and the Zionists that control this country!!!!!

  • Dennis May 10, 2013

    What a joke, I got $5.81 back, they took 100s from me and less then 6 bucks returned. Now I can change banks, should have done it already.

  • Sherri May 10, 2013

    Today I received $16.34 what a JOKE!!!!!! Lawyer must of got hefty checks.. Sad.. all the money Chase took and this is the apology could of kept the lousy changes… LOL!!!

  • Phil May 10, 2013

    WTF!!!! this is not a settlement for Chase customers $16.34 credit Really!!!!!!!

  • Leon May 17, 2013

    Well, I have not gotten mine yet, from all the comments I’ve read, I have no chance of getting a hundred dollars of what they took from me.

  • William Banks May 20, 2013

    Today…Monday I got me due …..or did I. After Chase Bank took almost $15,000.00 in those years I get $25.40 today in the mail. This is an insult to our intellect and is so morally wrong. The lawyers get 30 percent and the remainder, after everyone is paid…goes to charity. My guess is that the bankers and the lawyers run those charities.

  • Mikie Lerner May 23, 2013

    Who the hell represented me on this and how much did Chase pay them to accept this podunk settlement. The attorney general needs to look into the attorneys that accepted this. $5.99 dollars is a joke for the hundreds they stole from me. They were fined for bad mortage practices also and should be closed down. They are a bunch of thieves.This is what is wrong with this country. it runs on GRAFT!!!!!!! They still do what they were sued for paying large checks so more little ones bounce and they can collect millions of dollars in overdraft fees.

  • Lisa Thomas May 28, 2013

    WOW..I thought I was the only one feeling this way..I know dam well Overdraft Fees were 35.00 a pop and they sent me a 12.00 postcard looking check in the mail…I was floored. SO people don’t be expecting to get a couple of hundreds which we are due….I am still needing answers about how they did this..

  • Erin May 30, 2013

    bogus.. i didn’t even get the refund of one full overdraft payment… Chase can stick it if this is how they treat their customers. I’ll find a better band that treats their customers with more respect than that

  • tiffany jackson July 30, 2013

    I finally got my check in the mail. A whopping $5.99. I guess something is better then nothing. Its okay i don’t plan on doing banking with chase for as long as i live. The post card looking check actually came at a great time. i had a small auto debit that came out recently that was supposed to come out of my credit card. I’m short less then $3.. this should cover it. Now i don’t have to transfer funds from my savings for such a small amount. Thanks Chase!

  • tiffany jackson July 30, 2013

    I finally got my check in the mail. A whopping $5.99. I guess something is better then nothing. Its okay i don’t plan on doing banking with chase for as long as i live. The post card looking check actually came at a great time. i had a small auto debit that came out recently that was supposed to come out of my credit card. I’m short less then $3.. this should cover it. Now i don’t have to transfer funds from my savings for such a small amount. Thanks Chase!

  • tiffany jackson July 30, 2013

    I finally got my check in the mail. A whopping $5.99. I guess something is better then nothing. Its okay i don’t plan on doing banking with chase for as long as i live. The post card looking check actually came at a great time. i had a small auto debit that came out recently that was supposed to come out of my credit card. I’m short less then $3.. this should cover it. Now i don’t have to transfer funds from my savings for such a small amount. Thanks Chase!

  • Nadege August 4, 2013

    chase has not learn there lesson as that has just happened to me less than a week ago.

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