Bank of America 7-Eleven ATM Fee Settlement: $2.25 Million, Final Approval Granted August 21, 2026

When a Bank of America customer uses an ATM outside the bank's network, the bank can charge an out-of-network fee. The lawsuit alleged that Bank of America breached its contract with customers by charging two out-of-network balance inquiry fees when the customer made only one balance inquiry at ATMs owned by FCTI, Inc. inside 7-Eleven stores. The official settlement FAQ says Bank of America denies the fees were improper or that it did anything wrong.

The case has been in the Southern District of California since 2019 and originally named ATM operators FCTI, Cardtronics, and Cash Depot along with Bank of America. This settlement is with Bank of America, N.A. only. The final approval order was issued on the motion of plaintiff Brittany Covell before U.S. District Judge Dana M. Sabraw.

Double-fee cases like this one are close cousins of overdraft and hidden fee suits. For more on bank fee claims, see our overdraft and NSF fee lawsuit page and the related Visa and Mastercard ATM fee settlement.

You are in the class if you are a Bank of America account holder in the U.S. who was assessed more than one out-of-network balance inquiry fee during the same visit to an FCTI-owned ATM in a 7-Eleven store from May 1, 2018 to November 16, 2021.

• Current account holders who got an email or postcard notice are in the class and did not need to act.
• Former (past) account holders who got a notice had to file a claim form to be paid.
• Excluded: anyone who made a valid claim and received payment in Weiss v. FCTI, Inc., No. 37-2024-00016908-CU-BT-NC, an earlier settlement over the same kind of fees.
• Also excluded: anyone who opted out by July 7, 2026.

Not every 7-Eleven ATM counts. The class covers only ATMs owned and operated by FCTI, Inc. If you did not get a notice and think you qualify, the administrator's toll-free number is (833) 447-8321.

Every eligible person receives an equal pro rata share of the net settlement fund. The size of each share depends on the combined number of current account holders plus former account holders who filed valid claims. It does not depend on how many double fees you paid.

After fees and costs at the requested maximums, roughly $1.54 million would remain before administration expenses and any service award. The official website does not publish the number of class members or a per-person estimate. If, for example, 100,000 people share the net fund, each would get roughly $15; if 20,000 share it, roughly $77. These are illustrations only. Because current customers are included automatically, expect a large headcount and a modest check. See why payouts are often smaller than expected.

Current account holders do not file anything. Former account holders filed online or by mail by June 29, 2026; those who filed online could choose electronic payment or a paper check, and paper claims are paid by check.

1. If you are a current customer in the class, keep your Bank of America account information current. The FAQ says current account holders who do nothing still receive their share if the court approves the deal, which it has.
2. If you filed as a former customer, watch for a check or electronic payment and keep your mailing address updated with Kroll at Schertzer v. Bank of America, c/o Kroll Settlement Administration, PO Box 225391, New York, NY 10150-5391.
3. Payments go out only after the settlement becomes final, which includes the time allowed for appeals.

As of September 2026, the official website lists no payment date, so payment timing depends on whether any appeal is filed. If a payment never arrives, see what to do if you have not received a settlement check.

The fairness hearing was held in Courtroom 13A of the federal courthouse at 333 W. Broadway, San Diego, and the order granting final approval was filed the same day as Document 357.

If you are a former account holder and did not file by June 29, 2026, you will not be paid, and because you did not opt out by July 7, 2026, you are bound by the release of these fee claims against Bank of America. Current account holders did not have a claim deadline and are paid automatically.

If you are still being charged fees you think are wrong, such as duplicate ATM fees or overdraft fees on transactions that did not overdraw your account, save your statements and read our guide on how to get overdraft fees refunded. For patterns of improper bank fees affecting many customers, a free case review can connect you with independent attorneys who handle bank fee cases.

Other settlements involving bank and card fees include the Visa and Mastercard ATM access fee settlement and the Mr. Cooper convenience fee settlement. You can see every settlement still taking claims on our open settlements page. For this case, payment updates will be posted on the official settlement website linked above.