Over 98 million customers’ and credit card applicants’ private information was made public by one of the biggest data breaches in Capital One’s history in 2019. Social Security numbers, names, residences, credit scores, and even bank account information were included. Due to the breach’s significant impact on financial fraud and identity theft, a $190 million class-action settlement was eventually granted in 2022.
The Capital One Class Action Settlement Payment Date 2025 is still a topic of interest for many impacted parties, even though the claims procedure is over. Along with providing compensation to the victims, this settlement highlights the financial industry’s ethical duty. For those who qualify, the Capital One Bank Settlement Payment 2025 provides long-term security measures to assist protect against future dangers in addition to cash compensation.
Capital One Bank Settlement Payment Date
A significant data breach occurred earlier, allowing hackers to access millions of individuals’ personal data. An American financial services company, “Capital One,” was the target of a female hacker who obtained the personal data of millions of customers. Those whose information has been compromised are mostly Americans and Canadians. A female hacker named Paige Thompson was arrested after breaking into the system of Capital One, the largest credit card company in the US.
To qualify for the Capital One Bank Settlement, they must have submitted a valid claim before November 27, 2023, and been notified of their potential eligibility. Qualified individuals will receive the settlement amount by direct transfer after verification, in line with the Capital One Settlement Payout Dates 2025, which have not yet been made public.
Details on Capital One Bank Lawsuit Settlement
| Country | USA |
| Name of Bank | Capital One Bank |
| Total affected person | 98 million |
| Settlement Amount | $190 million |
| Protective Services End Date | February 13, 2028 |
| Category | Finance |
| Payment date | Available soon |
| Settlement Website | capitalonesettlement.com |
Who can claim payment for Capital One Settlement?
- At present you will not be able to claim Capital One settlement Payment Amount 2025. So you are no longer able to submit claims for payment but, for future reference, you might want to know the settlement’s scope or the Capital One Bank Lawsuit Settlement 2025 Eligibility Requirements.
- If you meet the requirements of the Capital One Class Action Settlement 2025 Eligibility, you would most likely be eligible to receive funds from the settlement fund. It is currently unknown how much each individual will receive because it depends on the total number of eligible claims.
- Account Holder: The time frame of September 1, 2015, to January 12, 2022, is required for you to have been a Capital One account holder.
- Fees Accrued: For checks or ACH transactions, you were assessed representation costs.
- Successful Transactions: After the funds became available, these transactions cleared later on.
- The purpose of these qualifying requirements was to guarantee that the settlement would pay people who were directly impacted by the re-presentation costs. The court probably set a deadline for bringing claims, which may already be closed, given that the settlement was completed.
Capital One Bank Settlement Amount 2025
Account holders who received these charges may soon receive a $190 million settlement as compensation. This settlement will provide Capital One Bank Settlement Amount 2025 to customers who were affected by these charges. Even if the claims window for the settlement may have closed, it’s still vital to wait. You should regularly check your bank statements and online banking accounts to identify and settle any unjustified fees.
Contact your bank to discuss a possible reversal if you find an NSF fee that you believe is unfair. Customers of Capital One Bank are only eligible to receive this compensation amount if they fulfill the requirements. The points that they must meet must therefore be checked. They may be eligible to receive the $190 million Capital One Bank Class Settlement as a result of this.
How will i get Capital One Settlement Amount?
The class members will receive an equal share of the Net Settlement fund, depend on the number of qualifying individuals and the amount of representation costs paid by the class members. Class members who do not object or withdraw from the settlement by the deadline, on the day the court gives final approval, will receive the assessed amount.
The settlement money will be credited to the class members’ Capital One accounts, according to Capital One Settlement 2025 Latest Update. Due to the Capital One account agreement breach, the settlement amount was due during the class period, and the Settle administrator would deliver a check to the address of the affected Capital One former customers.
| Official Website | Click Here |
| Homepage | BSEBInter.org |