Published
September 7, 2026
Updated
September 7, 2026
U.S. residents whose personal information was affected by the May 31, 2024 FinWise Bank data incident may qualify to claim cash or up to $5,000 in documented losses from the FinWise Bank data breach class action settlement. Claims close October 29, 2026.
Current Status
Claims are open through October 29, 2026. The court granted preliminary approval on July 1, 2026, and scheduled the final approval hearing for December 10, 2026. No payment date has been announced as of September 7, 2026; benefits depend on final approval and the settlement becoming final. Eligible class members must submit a claim to request payment or credit monitoring.
Status
Claims Open
Claim Deadline
October 29, 2026
Estimated Payout
Up to $5,000 or pro rata cash
Documented losses OR cash · Plus two years of monitoring
Proof Required
Yes — ID to file online
Unique ID + PIN online; paper form available · Loss claims need documentation
What Is the FinWise Settlement About?
A $2.8 million settlement would resolve claims against FinWise Bank, FinWise Bancorp and American First Finance over the data incident on or about May 31, 2024. According to the notice, affected information may include names, birth dates, Social Security numbers and customer account numbers. The defendants deny wrongdoing and liability, and the court has not ruled that they violated the law.Free settlement alerts
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Who Qualifies?
The class covers living individuals residing in the United States whose private information was affected by the FinWise data incident, including people sent a breach notice. Holding a FinWise or American First Finance account by itself does not establish eligibility; the person’s information must have been affected.The notice excludes the defendants and specified related entities, the judge and associated court personnel and immediate family, people who already released claims concerning this case, and anyone who submits a valid request to opt out.
How Much Can You Get?
Class members can choose between two payment options and separately request credit monitoring:- Documented losses: up to $5,000 for eligible, unreimbursed expenses fairly traceable to the incident. Examples include identity theft or fraud losses; credit monitoring, identity protection or credit-report expenses incurred on or after May 31, 2024; and related postage, copying, mileage or other qualifying costs.
- Cash Fund Payment: a share of the money remaining for cash claims, instead of documented-loss reimbursement. Receipts are not required for this option, but the amount is not fixed or guaranteed.
- Credit monitoring: two years of three-bureau monitoring, which may be requested with either payment option by selecting it on the claim form.
For the cash option, the settlement agreement assigns two shares to eligible California claimants for each one share assigned to other claimants. California eligibility requires residency at the time of the incident and the claim form’s certification. This does not double the $5,000 documented-loss limit.
The $2.8 million is the total fund, not the amount available solely for individual payments. Administration, court-approved fees and costs, service awards and other fund expenses are deducted. Credit monitoring and documented losses are paid before the remaining cash pool is divided. If approved losses exhaust the available fund, cash payments will be eliminated and loss reimbursements reduced proportionally. The final number of valid claims matters; see how pro rata settlement payments work.
What Proof or Notice ID Is Required?
The online claim portal requires the Unique ID and PIN printed on the postcard or email notice. If those credentials are missing, use the official contact page to reach the administrator. The downloadable paper form says the Unique ID may be left blank if no prior notice was received; that does not remove the requirement to be a class member.Documented-loss claims require supporting records, such as receipts or account statements. A handwritten receipt or other self-prepared statement alone is not enough, although it can explain other evidence. Expenses already reimbursed by another source cannot be claimed again.
Submit readable copies because documents will not be returned. The instructions permit redacting unrelated transactions and all account-number digits except the first four and last four. Online uploads must be smaller than 20 MB each and use one of these formats: jpg, jpeg, png, gif, tif, tiff, doc, docx, xls, xlsx, pdf, txt, rtf or zip. If uploading is not possible, submit the paper claim with the supporting copies.
What Is the Deadline?
The notice and paper claim form set October 29, 2026 as the deadline to submit online or postmark a mailed claim. No online cutoff time or timezone is stated in those materials.The login page’s final mailing reminder instead says claims must be received by October 29. Because those instructions differ, mail early enough for delivery by that date or confirm the mailing rule with the administrator through the official contact page. Do not assume that depositing an envelope on the deadline guarantees a same-day postmark.
Requests to opt out and objections must be postmarked by September 29, 2026, under the notice. The official notice explains the required contents and procedures.
How Do You Take Action?
To file online, open the FinWise claim form, enter the Unique ID and PIN, select the requested benefits, and provide the required information and any supporting documents. Gather everything first: the portal does not save an unfinished claim for a later visit. Retain the submission confirmation email and code.To file by mail, download the paper claim form, complete every required section, sign and date it, and send the entire form with any supporting copies to the destination printed on the form. Select the credit-monitoring box if requesting that benefit, and complete the California certification only if it applies.
The paper form offers Venmo, PayPal, Zelle or a mailed check. Choose one payment method; the form says selecting more than one results in a check. The administrator may request additional information before approving a claim.
What Happens Next?
The final approval hearing is scheduled for December 10, 2026 at 10:00 a.m. before Judge Jill N. Parish in the U.S. District Court for the District of Utah. The court will consider the settlement and requests for attorneys’ fees, costs and service awards. A hearing date is not a payment date, and the schedule may change.Benefits will be distributed only after approval and finality. Keep contact information current with the administrator and check the official settlement website for changes. People who request monitoring will receive enrollment instructions and an activation code after the settlement becomes final.
Sources and Verification
- Official settlement website
- Frequently asked questions
- Online claim instructions and login
- Long-form settlement notice (PDF)
- Paper claim form (PDF)
- Settlement agreement (PDF), including the cash-allocation formula
- July 1, 2026 preliminary approval order (PDF)
Questions
Can I claim both cash payment options?
No. The Cash Fund Payment is an alternative to reimbursement of documented losses. You can also request two years of three-bureau credit monitoring with either payment option.
What if I did not receive a notice or lost my login details?
The online claim form requires the Unique ID and PIN from your postcard or email notice. Use the official settlement website to contact the administrator for help. The paper form allows the Unique ID field to be left blank if you did not receive a prior notice; you must still qualify for the settlement.
Does living in California now qualify me for the larger cash share?
California eligibility depends on where you lived at the time of the data incident, not where you live now. The claim form includes a California residency certification. The agreement allocates two cash shares to eligible California claimants for each one share paid to other cash claimants, subject to available funds.
Can I save an unfinished online claim and return later?
No. The filing instructions say an unfinished claim will not be saved. Gather your notice credentials and any supporting documents before starting, and keep the confirmation email and code after submission.
What if I do nothing?
You will receive no settlement benefits. Unless you validly exclude yourself, you will still be bound by the settlement and its release of claims if it becomes final.
Official Settlement Notice
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Settlement Amount
$2,800,000
Case Title
Minter v. FinWise Bank et al.
Case Number
2:25-cv-00569-JNP-CMR
Court
U.S. District Court for the District of Utah
Final Approval Hearing
December 10, 2026 at 10:00 a.m.
Judge Jill N. Parish · Schedule subject to change
Administrator
Epiq Class Action & Claims Solutions, Inc.
Official Website
FinWise Data Settlement
