Bank of America customers may qualify for payout in $2.25M ATM fee settlement

The lawsuit claimed customers were charged duplicate balance inquiry fees at some 7-Eleven ATMs between 2018 and 2021.

Some Bank of America customers could receive payments as part of a $2.25 million class-action settlement involving ATM fees charged at certain 7-Eleven locations.

The lawsuit alleged that Bank of America improperly charged customers multiple out-of-network balance inquiry fees during a single visit to ATMs operated by FCTI, Inc. inside 7-Eleven stores. The complaint, originally filed in federal court in California in 2019, claimed customers were charged two fees when only one balance inquiry was made.

Bank of America denied wrongdoing but agreed to settle the case to avoid continued litigation and trial costs, according to settlement documents.

The settlement covers U.S. customers who had Bank of America checking accounts and were charged more than one out-of-network balance inquiry fee during the same visit to an FCTI-owned ATM at a 7-Eleven store between May 1, 2018, and Nov. 16, 2021.

Customers who already received payments through a separate 2024 settlement in the case Weiss v. FCTI are not eligible.

Eligible customers may have received notices about the settlement by email or postcard. To receive a settlement payment, you must submit a claim through the settlement website by July 29.

The amount each person may receive is not yet known. Settlement members will receive an equal share of the $2.25 million fund after court-approved fees and expenses are deducted.

A final approval hearing for the settlement is scheduled for Aug. 21, 2026.

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