Triumph for Consumers: How to Claim Your Bank of America Settlement Cash Over ATM Fees
How to navigate the 7-Eleven out-of-network balance inquiry class action claim process.
A $2.25 million class action settlement has been reached to address allegations that Bank of America improperly assessed multiple out-of-network fees for a single balance inquiry at 7-Eleven ATMs. The lawsuit, known as Schertzer v. Bank of America, covers specific transactions made between May 1, 2018, and November 16, 2021. Understanding how to check your eligibility and handle the paperwork can help ensure you receive any compensation you may be owed.
Quick Summary
Current Account Holders: Do not need to take action; eligible benefits are applied automatically if the court grants final approval.
Former Account Holders: Must submit a valid claim form online or via mail to receive their portion of the settlement.
Key Deadline: The online claim submission cutoff time bank of america settlement is set for June 29, 2026.
What is the Schertzer v. Bank of America Settlement?
The class action lawsuit alleges that Bank of America breached its customer account agreements by charging multiple out-of-network fees during the same visit to an automated teller machine (ATM). Specifically, the litigation focuses on FCTI-owned ATMs located inside 7-Eleven convenience stores.
According to the lawsuit, customers who clicked “continue” or interacted with certain screen prompts were charged multiple $2.50 out-of-network balance inquiry fees when they intended to perform only a single action. Bank of America has denied any wrongdoing or contractual violations but agreed to the $2.25 million settlement to conclude the legal dispute.
Who is Eligible for a Refund?
Eligibility for this fund depends on the timing of your transaction, the specific machine you used, and whether you are a current or former customer of the bank.
Core Eligibility Criteria
To qualify as a class member, you must meet the following criteria:
You held a Bank of America checking account.
You were charged more than one out-of-network balance inquiry fee during a single visit.
The transaction took place at an FCTI ATM located inside a 7-Eleven store.
The fee occurred between May 1, 2018, and November 16, 2021.
You did not already receive compensation under the related Weiss v. FCTI lawsuit.
| Account Status | Required Action | Distribution Method |
| Current Account Holder | No action required | Automatic credit or payment |
| Former Account Holder | Must file a claim form | Check or electronic payment |
How to File a Claim Online
For former account holders, completing the online form is the fastest way to request a rebate. Follow these general steps to access and submit the necessary documents.
Step 1: Locate Your Credentials
Eligible class members typically receive a physical postcard or email notice from the settlement administrator. This notice contains the specific eligible claim form credentials bank of america settlement required to log into the online portal, such as a unique Claimant ID and PIN.
Step 2: Access the Portal
Visit the official settlement website managed by Kroll Settlement Administration. Look for the dedicated portal to file bofa oon fee settlement claim form online. Enter your credentials to open your personalized dashboard.
Step 3: Verify and Submit
Review the pre-filled account information for accuracy. Follow the on-screen instructions for filling out bofa atm fee rebate details. Ensure you complete all required fields before the online claim submission cutoff time bank of america settlement on June 29, 2026.
Alternative Paper Filing Options
If you prefer not to use the online portal, or if you did not receive a digital notice, you can use a physical document to submit your request.
Downloading the Form
You can access a schertzer v bank of america claim form download directly from the official administrator website. This allows you to open a PDF version of the document, which you can save to your computer or device.
Printing and Mailing
Once downloaded, you can print bank of america 7-11 settlement claim sheet files on any standard printer. Fill out the paperwork carefully using blue or black ink. Ensure your contact details and historical account information match your past banking records.
Mailing Address
The completed kroll settlement administration bank of america paper form must be mailed to the designated claims administrator address listed on the document. It must be postmarked no later than the June 29, 2026 deadline.
Distinguishing Related ATM Fee Settlements
Consumers often confuse different class actions involving convenience store cash machines. It is important to know which case applies to your banking history.
The Weiss v. FCTI Lawsuit
A separate $10 million settlement, Weiss v. FCTI, directly targeted the ATM operator rather than individual banks. That case provided payouts for nationwide and New York classes who faced double fees at 7-Eleven locations.
The Schertzer v. Bank of America Lawsuit
The Schertzer case specifically addresses Bank of America’s internal fee assessments. If you already filed and received a payout from the Weiss settlement, you are excluded from receiving additional funds from this specific $2.25 million Bank of America pool.
Important Legal Dates and Deadlines
Class action processes move through several strict regulatory phases before funds are distributed. Missing a deadline can forfeit your rights to compensation or objection.
Claim Filing Deadline: June 29, 2026. This is the absolute final date to submit online or postmark a paper form.
Exclusion and Objection Deadline: July 7, 2026. The final date to opt out of the settlement if you wish to retain your right to sue individually.
Final Approval Hearing: August 21, 2026. The court will meet to evaluate whether the settlement terms are fair, reasonable, and adequate.
Key Takeaways
Targeted Fees: The settlement resolves claims regarding multiple out-of-network balance inquiry fees charged at 7-Eleven FCTI ATMs.
Action by Status: Current customers receive automatic benefits, while former customers must actively submit a claim form.
Final Cutoff: All claim forms must be completed online or postmarked by June 29, 2026.
Pro Rata Payouts: Individual compensation amounts are not fixed; they will depend on the total number of valid claims submitted.
Navigating bank fee settlements requires careful attention to dates and account status. If you are a former Bank of America customer who used out-of-network ATMs inside 7-Eleven stores during the specified 2018–2021 window, securing your notice credentials and submitting your form before June 2026 is necessary to collect your proportional share. Keep copies of your submission for your personal records until the court issues final approval and coordinates fund distribution.
Stay sharp with Ongoing Now!
Source and Data Limitations:
This guide relies on publicly available legal filings, court records from the United States District Court for the Southern District of California (Schertzer, et al. v. Bank of America N.A., et al., Case No. 3:19-cv-00264-DMS-MSB), and official administration notices provided by Kroll Settlement Administration. Payout amounts and timeline integrity are subject to change based on judicial decisions during the final approval hearing scheduled for August 21, 2026.
This is for informational purposes only and not personalized advice. Consult a qualified professional for your specific situation.
