credit one bank class action settlement

Credit One Bank is once again in the legal spotlight following a major class action settlement that could impact thousands of customers across the U.S. If you’ve had an account with Credit One or received unwanted calls from them, you may be eligible for compensation.

Let’s break down what this Credit One Bank class action settlement is about, who qualifies, and how you can claim your share.

What Is the Credit One Bank Class Action Settlement About?

The Credit One Bank class action settlement revolves around allegations that the bank violated the Telephone Consumer Protection Act (TCPA) by making unsolicited robocalls or using autodialers to contact consumers without proper consent.

Lawsuits alleged that Credit One or third-party collectors working on its behalf contacted individuals who:

• Had no account with the bank
• Had already requested not to be contacted
• Received repeated, automated calls even after opting out

Credit One Bank has denied wrongdoing but agreed to the settlement to avoid prolonged litigation.

Settlement Details: How Much Could You Get?

If you're among the affected individuals, you may be eligible for a cash payout from the settlement fund. Here's what to know:

• Payout Amount: Varies depending on the number of valid claims, but many expect payments between $50 and $300 per claimant.
• Deadline to File: Check the official settlement site or court filings (usually within 60–90 days from notification).
• Proof Required: You may need to submit your phone number or account info to verify eligibility.

Eligibility Criteria

To qualify for the Credit One Bank class action settlement, you must:

• Have held an active Credit One Bank account during the period of alleged misconduct (typically 2017–2022)
• Have completed legitimate transactions using a Credit One Bank credit card
• Have experienced financial loss, penalties, or identity-related harm due to the bank’s practices
• Be able to provide supporting documentation, such as account statements, transaction records, or correspondence with the bank

Both individual and business account holders are eligible if they meet these requirements

Important Dates

Who is eligible for the Credit One Bank class action settlement?

Anyone who held a Credit One Bank account, made transactions, and experienced financial or identity-related harm due to the bank’s practices between 2017 and 202223.

How much can I receive?

Eligible individuals may receive up to $2,210, depending on documentation and the level of impact2.

How do I track my settlement payment?

Use the official refund tracker portal with your claim number or registered email to check payment status and update details3.

Is the settlement taxable?

Generally, payouts are not taxable unless you previously deducted the fees in question. Consult a tax advisor for personalized advice3.