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Citizens Bank Reaches $137.5M Overdraft Fee Settlement
By Mike Holter
The Citizens Bank overdraft fee settlement joins Citizens with 12 other banks, including Bank of America and JPMorgan Chase, who have agreed to refund customers millions of dollars in unfair overdraft fees. To date, approximately $750 million will be returned to customers from the class action lawsuit settlements reached in the case In re: Checking Account Overdraft Litigation.
Like the other banks, Citizens Bank is accused of reordering debit-card transactions from highest to lowest, rather than in the order that the transactions occurred, in order to maximize the number of overdraft fees that could be charged to a customer.
Keep checking Top Class Actions for details on how to file a claim for the Citizens Bank Overdraft Fee Class Action Lawsuit Settlement once they become available. Find out how to file a claim for the Citizens Bank Overdraft Fee Settlement here.
All class action and lawsuit news updates are listed in the Lawsuit News section of Top Class Actions
Top Class Actions Legal Statement
16 thoughts onCitizens Bank Reaches $137.5M Overdraft Fee Settlement
From: Citizens Overdraft Settlement [mailto:info@citizensoverdraftsettlement.com]
Sent: Wednesday, September 18, 2013 12:00 PM
To: Subject: RE: Annie
Dear Annie
Thank you for your email.
Currently, the distribution of awards is scheduled for September 19, 2013. This is subject to change. Please continue to check the website for updates.
If you should have any further questions please don’t hesitate to call our toll free number (888) 273-0426 or visit the website http://www.CitizensOverdraftSettlement.com.
Regards,
Jacob G.
Citizens Overdraft Settlement Administrator
I wonder do we have to show all overdrafts fees by paying $8 per month $72 per year or will they automatically pay for all overdraft fees that you should awarded ?
i would like to find out about settlement
You can get any statements online for the past 18 months. Anything before that you have to go into a branch. The cost is 6 dollars per statement. Yes they are still gonna get your money because if you need a years worth of statements it will cost you 72 dollars for 12 statements.
I ONLY GOT A CARD IN THE MAIL FOR TWO ACCOUNTS WHEN IT WAS THREE. THE THREE ACCOUNTS WAS SHARON D. HARPER,ISAAC B. ISRAEL(by SHARON D. HARPER REP PAYEE), ASHER B. ISRAEL (SHARON D. HARPER REP PAYEE). CAN YOU PLEASE SEEN ME THE FORMS TO FILE.
I was apart of this overdraft problem in 2009, can had been charged 650 in OD, but being about 4 years ago, i dont havr that paper that states that. I wonder if i will be able to claim without that proof