You Are Probably in the Settlement Class for the Currency Conversion Class Action Lawsuit...
...and if so, fill out your form to collect $25 (or more.)
-- you have a VISA, MasterCard, or Diners Club card as of November 8, 2006
-- anytime from February 1, 1996 to November 8, 2006, you used a VISA, MasterCard or Diners Club credit or debit card to make foreign transaction
You may be entitled to a share of a settlement of $336 million.
There are several ways of making a claim. The simplest claim is for a $25 refund. If you spent more than $2,500 in foreign transactions over than ten year period, you can fill out a longer form to claim for more.
Get the details here:
Then fill out the proper form HERE -- if you didn't get a notice in the mail with a claim ID number on it (Gina got one, I did not), you don't need a notice to make a claim. Just be prepared to disclose a credit card number and issuing bank for a card your had as of November 8, 2006.
(I know that sounds daunting, giving up a credit card number like that, but this is for real. The PD had an article today. Even Snopes verified it.)
Personally, from 1996 to 2006, I made numerous international trips, and used credit cards abroad for purchases, and at home for international purchases (heck, Racket Records and Burning Shed alone got a bunch of my money over the years.) Nevertheless, it may be more trouble than it is worth, to me anyway, to try and break all that down -- even though the terms of the settlement require card issuers to provide free statements (wherever they can be retrieved electronically -- which sounds like an out to me....)
But at a minimum, I am going to make a claim for $25.
to file a claim: May 30, 2008
to object to the settlement or opt out of the class: February 14, 2008
Disclaimer: None of the above constitutes legal advice.