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Receive Your Share of the $5.54 Billion Visa/Mastercard Settlement

Now Accepting Claims For The
$1.22 Billion Discover Card Settlement

Submit Your Claim Today

Payment Card Interchange Fee Settlement

The Court-approved deadline to file claims passed on February 4, 2025. The Class Administrator is currently reviewing timely submissions. Please make sure to check your email regularly for any notifications from the Class Administrators or CardNet Settlement. We recommend you whitelist the paymentcardsettlement.com and cardnetsettlement.com URL’s to ensure you receive all communications regarding your claim.

To check the status of a claim submitted through CardNet:
Scroll down this page to the “Check Your Deal Status” section. Enter the Tax Identification Number (EIN or SSN) used for the claim and the email address associated with the submission. You’ll receive an email with your claim status shortly after.

UPDATE: On August 20, 2025, Class Counsel filed a motion with the Court requesting approval of an initial, partial distribution for certain claimants. On October 30, 2025, the Court approved the motion. The Court found that the initial, partial distribution of settlement funds set forth in class counsel’s motion is in the best interest of the class because (1) eligible claimants with clear, uncontroversial claims will receive a partial payment of their share of the settlement fund; and (2) the Lanning and Old Jericho plaintiffs, whose appeals are currently pending, will be adequately protected through their trust accounts and through the significant amount of settlement funds that will remain following the partial distribution. The Honorable Chief Judge Brodie created the trust accounts in lieu of staying distribution of the settlement fund and, in so doing, recognized various uncertainties surrounding partial distribution. To deny class counsel’s motion based on the mere presence of uncertainties — which class counsel and the claims administrator have acknowledged and have accounted for with a conservative, well-supported partial distribution value — would undermine Chief Judge Brodie’s intent in allowing settlement distribution to proceed while the appeals are pending.

It is anticipated that the initial, partial distribution will occur in early 2026 and this website will be updated with a distribution timeline once dates are known.

A timeline for distribution for valid and timely claims is not known at this time. This website will be updated as soon as a timeline is known. The call center and email response teams do not have any information other than what is available on the website. Please check this website periodically for updates.

Important Settlement Information

1

SETTLEMENT FUND

$5.54 BILLION DOLLARS

2

SETTLEMENT PERIOD

Jan 1, 2004 – Jan 25, 2019

3

CLAIM FILING DEADLINE

February 4, 2025

4

CURRENT STATUS

Filing has ended

Visa / Mastercard Class Action Settlement

Frequently Asked Questions

No, the deadline to file claims and register new merchants has passed. While certain corrections or updates (such as fixing a TIN) may be submitted to the Class Administrators, there is no guarantee they will be accepted. We also stress the importance of ensuring all other information provided is accurate and up to date.

If you submitted your claim through CardNet Settlement, we charge a flat 25% processing fee, which is deducted from your settlement award once it is paid.

If your business accepted Visa or Mastercard credit or debit cards in the U.S. between January 1, 2004, and January 25, 2019, you may be eligible for compensation.

The Visa and Mastercard settlement resolves claims that these companies engaged in unfair practices related to debit and credit card transactions, such as imposing high fees and restricting competition. The settlement aims to compensate merchants impacted by these practices.

The official settlement website is available at: https://www.paymentcardsettlement.com/en/Document

The amount your business may receive will depend on various factors, including the volume of Visa and Mastercard transactions your business processed during the eligible period and the terms of the settlement. Generally, a higher transaction volume could result in a larger award.

The settlement amount you receive will be determined by your actual or estimated interchange fees from Visa and Mastercard transactions with your customers between January 1, 2004, and January 25, 2019. The payment for each Authorized Claimant will depend on several factors, including: - The total funds available in the settlement pool. - The total dollar value of all valid claims submitted. - Costs related to class administration, notifications, and applicable taxes. - Attorneys' fees and expenses. - Awards granted to the Rule 23(b)(3) Class Plaintiffs for representing merchants in MDL 1720, which led to the Class Settlement Agreement. All amounts are subject to approval by the Court.

The deadline to submit a claim is February 4, 2025.

It's recommended to consult with a tax professional, as settlement payments might be considered taxable income.

Check Your Deal Status

Settlement Claim Status

Enter your tax ID to check the status of your claim
**IF YOUR CLAIM WAS NOT SUBMITTED BY CARDNET SETTLEMENT, WE CAN NOT PROVIDE A STATUS UPDATE***

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