This is good news for Capital One Bank customers, as the Bank has finally agreed to pay $14 million in compensation to affected customers. Qualifying bank customers can expect to receive some amount through this settlement if they have filed a claim form for the Credit One Bank Settlement 2025 Claim Form. To receive this settlement amount, the settlement determines your bank account during the impacted time.
If you have one, then you may be able to receive an amount portion of this settlement as your share. The Credit One Bank Settlement wants to resolve this case by paying an amount of $14 million to all affected customers under the Telephone Consumer Protection Act. The settlement amount will be provided as per the valid claim forms, and the expected individual payment limit is expected to be between $100 and $1000.
Credit One Bank Settlement 2025 Claim Form
We must understand the main reason for this settlement before knowing the payment date, amount, and even the claim process. The affected claimants have accused that they are affected by the bank of processing in their bank accounts, including they considered that the bank and its debt collection agency of breaking TCPA requirements.
The bank and its related organizations used automated phone calls, robocalls, and prerecorded message technology without the customer’s permission. One Bank customers have faced these kinds of violations between 2014 and 2019, and they were harmed through both mobile and landlines.
Now, according to the customers, most of these automated calls were received for the bank’s marketing or loan collection messages. Customers received these calls for a long and after they started to file complaints and repeatedly requested that these types of calls must be stopped, they continued to receive calls.
After these claims, Credit One Bank chose to settle these claims and agreed to pay compensation worth $14 million and declined to admit any misconduct. The settlement was a part of the customer’s effort to stop the long-term litigation and address all the files.
2025 Credit One Bank Settlement – Overview
| Article On | Credit One Bank Settlement 2025 Claim Form |
| Country | US |
| Bank | Credit One Bank |
| Beneficiaries | Bank Customers between 2014 to 2019 |
| Total Amount | $14 Million |
| Expected Compensation | $100 to $1000 per Claimant |
| Claim Deadline | After the Court’s Final Approval |
| Payment Deadline | After the Court’s Final Approval |
| Category | Class Action |
| Official Website | creditonebank.com |
Eligibility and Claim Process One Bank Settlement 2025
Credit One Bank Settlement considers several options to provide a settlement amount to its affected customers. To be eligible for this settlement amount, customers must have had a bank account with Credit One Bank during the period from 2014 to 2019. Customers must have received robocalls or prerecorded messages on their phone from this bank or its partners during that specific time.
These calls or messages must be received without the customer’s permission. Several claimants were contacted soon, but others who did not receive any official notice from this settlement can check their settlement eligibility through the online platform.
To become eligible claimants, you must apply for this settlement through the settlement process. You must go to the official settlement website, which will be available soon for all eligible customers through the bank.
Those customers who have already received a notification should fill out their claim IF and PIN, while other affected customers can use the site’s lookup features to verify their identities. Once they get valid confirmation, claimants can use the payment option via check, direct deposit.
Requirement for the settlement amount:
- You must have received an automated call or recorded audio message between 2014 and 2019 from this bank and or its partners without your permission.
- You had not given any permission to the bank in your previous approval to receive these kinds of calls from the bank or its partners.
- You received these calls on your phone number at the time, even if you were not a customer of this bank.
- You do not need to provide your phone records, which you received during the period; the settlement managers will check call logs to confirm your eligibility if you received any calls.
What to Expect from the Settlement?
The settlement will provide an amount for each affected individual, which will depend on how many valid claims are filed under this settlement. Through this settlement, eligible customers can expect payments between $100 to $1000 per person. According to Selendroid, about $8 to $9 million of the total $14 million will be available for the affected customer because legal fees and administrative costs have been taken out.
The Settlement of Credit One Bank is not providing only an amount and financial support to its eligible customers, but also represents the big role of class action lawsuits in securing customers’ rights. The customers who considered that they were affected by the bank’s misjudgment must understand the settlement’s conditions, confirm their eligibility, and file a claim before the settlement deadline.
When to Expect Settlement Payment?
Credit One Bank has only announced that pay compensation to all eligible customers. To receive this settlement payment, customers must have filed a claim. Even though the claim application process has not been started yet, the claiming process has not yet to begin. So before the filers can get the amount, they must wait for the final court approval and a number of other processes.
- Final payment timing depends on the court’s final approval and how many files are submitted to determine the amount and affected.
- Settlement claims are reviewed in 3 to 5 months.
- The settlement amount will be distributed to qualified individuals, and it will start 6 to 9 months after final approval.
What effects does this settlement have for customers?
The class action settlement represents the importance of the customer protection law in the US. The TCPA protects unwanted calls, which has become rising sensitive in the digital era. Under the TCPA, customers have rights for the calls, including the ability to control who contacts them and how. Credit One also faced several claims for surprise fees, unclear charges, and poor customer service.
Fact Check: Credit One Bank Settlement 2025
The Credit One Bank settlement has finally announced that pay $14 million to all affected customers through this settlement. Affected customers can expect an amount through this settlement between $100 and $1000 per person. The settlement payment and filing for the claim date have not been fixed yet; customers have to wait for the claim filing until the court’s final approval of this settlement.
| Homepage | blacksea-commission.org |
