Who qualifies for the Bank of America ATM fee settlement?

You qualify if you were a Bank of America accountholder in the United States and you were assessed more than one out-of-network balance inquiry fee during the same visit to a FCTI, Inc.-owned ATM located inside a 7-Eleven store between May 1, 2018 and November 16, 2021. Class membership is established by Bank of America's records. Excluded from the class are accountholders who already made a valid claim and received payment in a related case, Weiss v. FCTI, Inc., Case No. 37-2024-00016908-CU-BT-NC.

How much will I get from the Bank of America ATM fee settlement?

Per-claimant payouts depend on the total number of valid claims and current accountholders. The $2.25 million Settlement Fund will be divided pro rata (equal share) among current accountholders and former accountholders who file a valid claim. The Net Settlement Fund (after attorneys' fees up to 30 percent of the fund, costs up to $35,000, service award to the class representative, and notice and administration costs) is divided equally among eligible class members. Final per-claimant amounts are not calculable until after the June 29, 2026 claim deadline.

Do I need to file a claim or proof of purchase?

It depends on your current status. Current Bank of America accountholders do not need to file a claim; Bank of America will automatically credit the pro rata payment directly to the account. Former accountholders (people who closed their Bank of America account after the class period) must file a claim by June 29, 2026 to receive payment, either online through the Settlement Website or by mailing a paper claim form. No proof of purchase, ATM receipts, or transaction records are required to file. Kroll Settlement Administration has Bank of America's records of every account double-charged during the class period.

What did Bank of America do wrong in this case?

The lawsuit alleges that Bank of America breached its contract with its customers by charging two out-of-network (OON) balance inquiry fees when only a single balance inquiry was performed at FCTI-owned ATMs located inside 7-Eleven stores. The OON fee at issue was typically charged twice during the same ATM visit even though the customer requested only one balance inquiry. The plaintiff alleged this conduct violated the deposit account agreement between Bank of America and its accountholders. Bank of America denies any wrongdoing and is settling without admitting fault. The court has not decided which side is right.

What is the deadline to file a Bank of America ATM fee claim?

The claim filing deadline is Monday, June 29, 2026, for former accountholders. Online claim forms must be submitted, and mailed claim forms must be postmarked, by that date. The opt-out and objection deadlines are slightly later, both on Tuesday, July 7, 2026. The Final Fairness Hearing is scheduled for Friday, August 21, 2026 at 1:30 p.m. Pacific Time before Judge Dana M. Sabraw in Courtroom 13A of the U.S. District Court for the Southern District of California. Current accountholders do not have a filing deadline because Bank of America will apply the payment automatically to their account.

When will I receive my Bank of America ATM fee settlement payment?

Payments will be issued only after the court grants final approval at the August 21, 2026 fairness hearing and after any appeals are resolved. If approval is granted on schedule and no appeals are filed, payments would likely be distributed in late 2026 or early 2027. Current accountholders will see the payment as a credit applied directly to their Bank of America account. Former accountholders who selected electronic payment when filing online will receive electronic transfers; those who selected paper check (or submitted a paper claim form) will receive a check by mail. If appeals are filed, payment timing can be delayed by a year or more.

Bank of America ATM Fee Class Action Settlement — $2.25M Fund for BofA Customers Double-Charged at 7-Eleven ATMs

Q: Where do I find my Class Member ID for the BofA settlement?

Your Class Member ID is included in the Email Notice or Postcard Notice that Kroll Settlement Administration mailed or emailed to you. The notice was sent to the contact information Bank of America had on file. The online claim portal at OONFeeSettlement.com requires the Class Member ID to log in and file a claim. If you did not receive a notice or cannot locate your Class Member ID, contact Kroll Settlement Administration through the Settlement Website with your name and the address Bank of America had on file during the class period; Kroll can look up your record and provide your Class Member ID. Alternatively, paper claim forms submitted by mail can be processed using your name and address even without the Class Member ID.

By Steve Levine

Bank of America ATM fee class action settlement 7-Eleven FCTI out-of-network balance inquiry

Published: May 10, 2026

Status Claims Open

Claim Deadline June 29, 2026 former accountholders only · current customers paid automatically

Estimated Payout Pro Rata Share of $2.25M Fund equal share among current and claiming former accountholders

Proof Required Yes Class Member ID from notice required to file online · name + address accepted by mail

What Is the Bank of America ATM Fee Class Action Settlement?

Did you use a Bank of America debit card at a 7-Eleven ATM and get charged more than one out-of-network balance inquiry fee for a single visit? You may be eligible for a pro rata payment from a $2.25 million class action settlement. Current Bank of America accountholders do not need to do anything; the payment will be applied directly to your account. Former accountholders must file a claim by June 29, 2026.

The Bank of America class action lawsuit, captioned Schertzer, et al. v. Bank of America, N.A., et al., Case No. 3:19-cv-00264-DMS-MSB, is pending in the United States District Court for the Southern District of California before Judge Dana M. Sabraw. The BofA lawsuit alleges that Bank of America breached its contract with its customers by charging two out-of-network (OON) balance inquiry fees during the same ATM visit at FCTI-owned ATMs located inside 7-Eleven stores, even though the customer performed only one balance inquiry.

Class Representative Brittany Covell argued the double-charging violated the deposit account agreement between Bank of America and its accountholders. Bank of America (BANA) denies any wrongdoing and is settling without admitting fault. The Settlement Administrator is Kroll Settlement Administration. Class Counsel is Lynch Carpenter, LLP.

30-Second Self-Test: Do I Qualify for the BofA ATM Settlement?

If you can answer yes to the question below, you are likely a Settlement Class Member.

• Were you a Bank of America accountholder who was charged more than one out-of-network balance inquiry fee during the same visit to a FCTI, Inc.-owned ATM inside a 7-Eleven store between May 1, 2018 and November 16, 2021? The class is defined by Bank of America's records. If your account history shows duplicate OON balance inquiry fees from a 7-Eleven ATM during the class period, you qualify.

If you answered yes, your next step depends on your current account status. Class members who already made a valid claim and received payment in a related lawsuit (Weiss v. FCTI, Inc., Case No. 37-2024-00016908-CU-BT-NC) are excluded from this settlement.

Current vs. Former Accountholder: Two Different Tracks

The Bank of America settlement uses a dual-track structure that determines what you need to do based on whether you still have an open Bank of America account.

Current Bank of America accountholders (no action required). If you still have an open Bank of America account, you do not need to file a claim. Bank of America will automatically credit your pro rata share of the Net Settlement Fund directly to your account after the court grants final approval. You will see a credit on a statement reflecting the settlement payment. The pro rata amount is calculated based on the total number of current accountholders and the total number of former accountholders who submitted valid claims.

Former Bank of America accountholders (claim required by June 29, 2026). If you closed your Bank of America account after the class period (or before the settlement was announced), you must file a claim to receive a payment. The fastest way is to file online at the Settlement Website using your Class Member ID, or you can download and mail a paper claim form. The claim form asks only for your contact information and payment selection; no ATM receipts, transaction records, or other documentation are required because Kroll Settlement Administration already has Bank of America's records.

If you are not sure whether you are still considered a current accountholder, you can check the email you received from Kroll Settlement Administration (the notice indicates your account status) or contact Kroll through the Settlement Website to confirm.

Where Do I Find My Class Member ID?

The Class Member ID is included in the Email Notice or Postcard Notice that Kroll Settlement Administration sent to you. The notice was delivered to the contact information that Bank of America had on file for your account during the class period.

• Email Notice: Check your email inbox (and the spam, promotions, and updates folders) for an email from Kroll Settlement Administration referencing Schertzer v. Bank of America or the OONFeeSettlement.com website. The Class Member ID is included in the body of the email.
• Postcard Notice: Check your physical mail for a postcard from Kroll Settlement Administration. The Class Member ID is printed on the postcard.
• Did not receive a notice or cannot locate your Class Member ID? Contact Kroll Settlement Administration through the official Settlement Website (OONFeeSettlement.com) with your name and the address Bank of America had on file during the class period. Kroll can look up your record and provide your Class Member ID. Alternatively, paper claim forms submitted by mail can be processed using your name and address even without the Class Member ID, although providing the ID speeds up verification.

The online claim portal at OONFeeSettlement.com requires the Class Member ID to log in. The paper claim form can be downloaded from the same Settlement Website and mailed in without an ID, with Kroll matching the claim against Bank of America's records using your contact information.

How Much Will I Get From the BofA ATM Fee Settlement?

The $2.25 million Settlement Fund is divided as follows. First, the gross fund is reduced by court-approved deductions:

• Attorneys' fees of up to 30 percent of the Settlement Amount (up to $675,000)
• Costs of up to $35,000
• Service award to the class representative (subject to court approval)
• Notice and administration costs paid to Kroll Settlement Administration

The remainder is the Net Settlement Fund, which is divided pro rata (equal share) among current accountholders and former accountholders who submit valid claims. Because the total number of valid claims and current accountholders will not be known until after the June 29, 2026 deadline, the final per-claimant dollar amount cannot be calculated in advance.

For context, the Weiss v. FCTI related case (which involved overlapping conduct from the ATM operator side) issued payments in similar dollar ranges to affected consumers. Class members who already received a payment in Weiss v. FCTI are excluded from this settlement.

What Is an Out-of-Network Balance Inquiry Fee?

An out-of-network balance inquiry fee is a charge that Bank of America applies when a BofA customer uses an ATM that is not part of Bank of America's own ATM network. FCTI, Inc.-owned ATMs located inside 7-Eleven convenience stores are out-of-network ATMs for Bank of America customers. When a BofA customer used a 7-Eleven ATM and requested only a balance inquiry (without withdrawing cash), Bank of America's standard practice was to charge the OON balance inquiry fee.

The lawsuit alleges that Bank of America was charging this OON balance inquiry fee twice during the same ATM visit, even though only one balance inquiry was performed. For affected customers, this meant a single trip to a 7-Eleven ATM that included a balance check resulted in two OON fees on the statement instead of one. The duplicated fee was typically a few dollars per occurrence, but cumulative impact across the class is substantial enough to support the $2.25 million settlement fund.

Bank of America denies that the duplicated fee was improper and argues that its deposit account agreement authorized the practice. The court has not decided which side is right; the settlement resolves the dispute without a finding of liability.

How to File a Bank of America ATM Fee Claim

Filing is required only for former accountholders. Two methods are available, both with the same June 29, 2026 deadline.

Method 1: Online (recommended for speed). Visit the official Settlement Website at OONFeeSettlement.com, log in with your Class Member ID from the Email Notice or Postcard Notice, complete the online claim form, and select your preferred payment method (electronic transfer or paper check). Online claims with electronic payment are typically the fastest path to payment after final approval.

Method 2: U.S. mail. Download the printable claim form from the Settlement Website, complete it with your name, contact information, and payment selection, and mail it to the Settlement Administrator at the address listed on the form. Mailed claims must be postmarked no later than June 29, 2026. Paper claim forms are paid by paper check.

If you lost your Class Member ID: Contact Kroll Settlement Administration through the Settlement Website with your name and the address Bank of America had on file during the class period. Kroll will look up your record and provide your Class Member ID. Paper claim forms can also be processed by mail without the Class Member ID using your name and address alone, although providing the ID speeds verification.

Key Bank of America Settlement Deadlines

• Submit a claim by: Monday, June 29, 2026 (online) or postmarked by June 29, 2026 (mail) — former accountholders only
• Opt out of the settlement by: Tuesday, July 7, 2026
• Object to the settlement by: Tuesday, July 7, 2026
• Class period covered: May 1, 2018 to November 16, 2021
• Final Fairness Hearing: Friday, August 21, 2026 at 1:30 p.m. Pacific Time, before Judge Dana M. Sabraw in Courtroom 13A of the U.S. District Court for the Southern District of California, 333 W. Broadway, San Diego, CA 92101

When Will I Receive My BofA ATM Fee Settlement Payment?

Payments will be issued only after the court grants final approval at the August 21, 2026 fairness hearing and after any appeals are resolved.

• Best case (no appeals): Final approval at the August 21, 2026 hearing, appeals window closes 30 days after, payments distributed in late 2026 or early 2027.
• If appeals are filed: Distribution can be delayed by 12 to 36 months while the appellate court reviews the settlement, the fee award, or the allocation methodology.

How payment arrives depends on your accountholder status and payment selection:

• Current Bank of America accountholders: Payment is applied directly to your Bank of America account as a credit. You will see it on a statement after the Effective Date. No action required.
• Former accountholders who filed online with electronic payment: Electronic transfer to the account or payment method indicated on the claim form.
• Former accountholders who filed online without selecting a payment method, or who filed by paper claim form: Paper check by U.S. mail to the address on the claim form.

What Happens If I Do Nothing?

If you are a current Bank of America accountholder, doing nothing is the correct action. Bank of America will automatically apply the payment to your account after the court grants final approval. You will be bound by the settlement and will give up the right to sue Bank of America for the specific claims being released.

If you are a former Bank of America accountholder and you do nothing, you will not receive a payment, but you will still be bound by the settlement and will give up the right to sue Bank of America for the specific claims being released. For former accountholders, doing nothing is generally not the optimal choice because filing a claim takes only a few minutes and requires no documentation.

How to Opt Out or Object to the Settlement

Class members who do not want to be bound by the settlement have two alternatives, both with the same July 7, 2026 deadline.

Opting out means giving up the right to receive any settlement payment but preserving the right to sue Bank of America individually for the same claims. Opt-out requests must be in writing, postmarked or shipped by July 7, 2026, and sent to the Settlement Administrator. The request must include your full name, postal address, personal signature, and a clear statement that you wish to be excluded from the Settlement Class.

Objecting means staying in the class (and remaining eligible for the payment) but asking the court to reject or modify the settlement. Written objections must be filed with the Clerk of Court and mailed to the Settlement Administrator by July 7, 2026. Objections must include detailed information about the objector, the grounds for the objection, supporting evidence, a list of cases in which the objector or counsel has objected to prior class action settlements within the last three years, and the objector's personal signature.

Other Active Bank Fee Class Action Settlements

Bank overdraft and fee class actions have become increasingly common as consumers challenge bank fee practices in court. If you have received notices about other bank fee class actions affecting accounts you held at any U.S. financial institution, check the OCA database of open class action settlements to see whether any matching settlements may also pay benefits. Filing one claim does not affect eligibility for any others.

How Do I Find Class Action Settlements?

Find all the latest class actions you can qualify for by getting notified of new lawsuits as soon as they are open to claims:

Claim Form Website: OONFeeSettlement.com

Submit Claim

Official Settlement Notice

Sources

• Official Settlement Website: OONFeeSettlement.com
• Schertzer, et al. v. Bank of America, N.A., et al., Case No. 3:19-cv-00264-DMS-MSB, U.S. District Court for the Southern District of California, Hon. Dana M. Sabraw presiding
• Long Form Notice of Proposed Class Action Settlement
• Class Action Settlement Claim Form

Filing Class Action Settlement Claims

Please submit only truthful information on any Claim. False or fraudulent claims can be rejected and may lead to penalties. If you are not sure whether you qualify, review the eligibility information at OONFeeSettlement.com or contact the Settlement Administrator. OpenClassActions.com is a consumer news site and is not the Settlement Administrator or a law firm, and we do not process or decide claims.

For more class actions keep scrolling below.

Open Class Action Lawsuit and Class Action Settlement

Social Media Addiction Cases - Prequalify

Status: Open

Pre-Qualify

DraftKings & FanDuel Addiction Lawsuits

Status: Open

Learn More

Roblox - Investigation

Pre-Qualify Here

Submit Claim

Social Media Addiction - Children

Status: Open

Pre-Qualify

File a rebate form to get a coupon, refund, rebate, or payment from this new class action settlement

$68M Google Assistant Settlement

Deadline: August 27, 2026

Submit Claim

$87.5M Beef Prices Settlement

Deadline: June 30, 2026

Submit Claim

$2.9M Colgate Toothpaste Settlement

Deadline: July 6, 2026

Submit Claim

Acne Products Benzene Class Action Lawsuit

$990K Differin Acne Product Settlement

Deadline: May 19, 2026

Submit Claim

New Dog Supplements NO Proof Required Open Class Action Lawsuit

Cosequin Dog Supplements Settlement

Deadline: July 21, 2026

Submit Claim

New Open Class Action Lawsuit and Investigation

Depo Provera Investigation

Deadline: Pending

Pre-Qualify

BofA ATM Fee Settlement Snapshot
Status	Open — Filing Claims Now
Settlement Fund	$2,250,000
Per-Class-Member Benefit	Equal pro rata share of the Net Settlement Fund based on total current accountholders plus former accountholders who submit valid claims
Claim Form Deadline	Monday, June 29, 2026 (former accountholders only; current accountholders paid automatically)
Opt Out Deadline	Tuesday, July 7, 2026
Object Deadline	Tuesday, July 7, 2026
Final Fairness Hearing	Friday, August 21, 2026 at 1:30 p.m. PT, Courtroom 13A, U.S. District Court, S.D. Cal.
Class Period	May 1, 2018 to November 16, 2021
Court	U.S. District Court for the Southern District of California
Judge	Hon. Dana M. Sabraw
Category	Banking / Consumer Fee Dispute
Defendants	Bank of America, N.A.
Case Number	3:19-cv-00264-DMS-MSB
Case Title	Schertzer, et al. v. Bank of America, N.A., et al.
Class Representative	Brittany Covell
Class Definition	BANA accountholders in the U.S. who were assessed more than one out-of-network balance inquiry fee during the same visit to a FCTI, Inc.-owned ATM located in a 7-Eleven store between May 1, 2018 and November 16, 2021, excluding those who claimed in Weiss v. FCTI
Settlement Administrator	Kroll Settlement Administration
Class Counsel	Lynch Carpenter, LLP
Payment Methods	Direct account credit (current accountholders); electronic transfer or paper check (former accountholders)
Proof Required to File?	Yes — Class Member ID from emailed/mailed notice required to file online (paper claim form accepts name and address without ID)
Official Website	OON Fee Settlement