Class Action

Overdraft Fees at Bank of America

Class Action

Overdraft Fees at Bank of America

September 2019: A federal judge preliminarily approved a settlement agreement that would automatically provide class members with cash awards. The amount of each cash award depends on a variety of factors, including the number of overdraft fees paid by the class member, the attorneys’ fees, and the service awards to the named plaintiffs, but is estimated to be $17.67 for each overdraft fee charged. A final fairness hearing is scheduled for January 29, 2020. For more information, go to http://www.nonrecurringoverdraftsettlement.com/.

February 2019: A class-action lawsuit was filed against Bank of America for allegedly misleadingly representing that it does not charge overdraft fees on non-recurring debit card transactions when, according to plaintiffs, the bank regularly charges such fees on certain non-recurring debit card transactions (e.g., transactions with Lyft, Grubhub, and DoorDash) that put accounts into negative balances. (Owens et al v. Bank of America, N.A., et al, Case No.19-cv-20614, S. D. Fla.)

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Class-Action Tracker

Refunds of Bank of America’s Fees

Class Action

Refunds of Bank of America’s Fees

Allegations: Falsely representing that it would provide accountholders with refunds of various bank fees during the COVID-19 pandemic when the bank systematically refused to provide refunds

Bank of America Credit Cards

Class Action

Bank of America Credit Cards

Allegations: Misleadingly representing that the bank would “offer assistance to qualifying consumer[s]” during the COVID-19 pandemic when the bank rejected requests for assistance

Overdraft Fees at Bank of America

Class Action

Overdraft Fees at Bank of America

In January 2020, a class-action lawsuit was filed against Bank of America for allegedly falsely promising accountholders that it does not charge overdraft fees on non-recurring debit card and ATM…

Bank of America’s International Transaction Fees

Class Action

Bank of America’s International Transaction Fees

In February 2019, a class-action lawsuit was filed against Bank of America for allegedly misrepresenting that the amount of the International Transaction Fees (fees charged when customers use a debit…

Bank of America Overdraft Fees

Class Action

Bank of America Overdraft Fees

In April 2018, a class-action lawsuit was filed against Bank of America for allegedly promising accountholders that it will not authorize non-recurring debit card transactions if the accounts do not…


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Bank of America

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