Paid ATM Fees? Visa, Mastercard’s $167.5 Million Settlement Could Put Money Back in Your Pocket: Who Qualifies, Claim Deadline and Potential Payout

Visa Inc. and Mastercard Inc. have proposed a $167.5 million settlement to compensate consumers who incurred unreimbursed fees for withdrawing cash from independent ATMs between October 24, 2007, and August 14, 2026. Consumers must submit claims by February 10, 2027, with a final fairness hearing scheduled for February 17. Visa will contribute $88.775 million and Mastercard $78.725 million, with payouts determined after deducting legal fees and expenses. The settlement follows allegations that the companies imposed rules preventing lower access fees, leading to higher surcharges for customers.