Settlement Claim 2024 Capital One Bank $25,000 Amount, Eligibility, and Payment Date

This Capital One Bank Settlement Claim 2024 refers to the data breach that occurred back in 2019 and falls under those who are becoming victims of cyber attacks.

It provides claim funds to those whose financial or monetary loss is being caused due to leakage of information which was done through credit cards.

The first thing is to fill the Capital One Bank Settlement Form 2024 to get the amount and it is claimed that about 98 million individuals will be paid approximately around $190 million for which one will get $25000 as the settlement claim.

The precise payout date for Capital One Bank 2024 hasn’t been issued yet but has been said to be provided by August 2024. To know all the truths and facts, you are advised to look at the post mentioned below.

Settlement Claim for Capital One Bank for 2024

Currently, the Capital Bank of the United States is the financial Agency for citizens that has been providing money to its citizen.

Nowadays we have been witnessing cyber crimes which have become a huge threat to citizens and one tends to lose a very high amount under this breach.

Debit and credit cards are so hazardous that the leakage of information can be done at any step. Recently, the leakage suffered by the citizens dwelling in the United States was suffered when they became a prey to cyber attacks by which they witnessed the breach of personal data.

Settlement Claim for Capital One Bank for 2024
Settlement Claim for Capital One Bank for 2024

The case was witnessed wherein close to 98 million people have been victimized because of the breach of data and the Bank agreed with the claims filed by the people and resolved to pay the individuals as the Capital One Bank Settlement Claim Amount 2024.

Settling the amount of the claim will be done only after filling up the claim form given to the individual and the payments already made started on 28th September 2023.

Payments have been proceeding and the bank agreed to pay in the totality of $190 million with those whose data had been breached.

The settlement administrator will review and will provide compensation under the claims of identity theft and fraud.

The Class Action Settlement covers the out of pocket losses and expenses related to it. You can refer to our page to check on all the basic details regarding the lawsuit and the other procedure.

Capital One Bank Class Action Lawsuit 2024- Overview

The total settlement money will be $190 million for the citizens. Payment will be given to about 98 million citizens who really have suffered a lot. The US Citizens who faced the problem due to breach of information will be given the payment.

Post Title Capital One Bank Settlement Claim 2024
Bank Name Capital One Bank 
Settlement Name Capital One Bank Class Action Settlement 
Country USA
Settlement to 98 million citizens 
Lawsuit Data breach 
Capital One Bank Settlement Claim Amount 2024$190 million 
Per individual settlement $25000
Mode of settlement Online 
Settlement date To be announced 
Post TypeFinance

What Is The Capital One Bank Lawsuit 2024 About?

  • The lawsuit is basically the cybercrimes that happened in the year 2019 where people witnessed the breach of data and leakage of personal information.
  • It has exposed the personal details of 98 million citizens and, considering breach personal data was leaked due to the credit or debit card.
  • The Settlement is provided by the Capital One Bank and one has to file the Settlement Claim Form so as to obtain the settlement amount.
  • The bank has been sending payments to all citizens since 27 September 2023, and the settlements amount shall be given to the affected citizens who are suffering from Cyber Crimes.

What Is Capital One Bank Class Action Eligibility 2024?

  • The monetary compensation will be received by the citizens of the United States.
  • The payment will be made if a data breach occurs in 2019.
  • At that moment, the person would have been a victim of violation or personal loss.
  • In addition, the recipient ought to have received an actual notice that he is qualified to receive the payment.

How Much Is Capital One Bank Settling In the 2024 Claim?

  • The Capital One Bank has stated that they will provide the benefit to the citizens and the amount of $190 million is stated to be given to 98 million citizens who have been a prey to the data breach.
  • Each claimant is said to get $25000 and the amount will only be after deducting the legal charges.

When Will Capital One Bank Payouts Be Made in 2024?

  • The bank made them available to the public from September 27, 2023.
  • All of these payments have been paid thus far and the sum that is going to be transferred under to the beneficiary’s account is not stated.
  • Those who have not yet received any payment can go on holding out for whatever time is left.

FAQs

What is the sum covered by the 2024 Capital One Bank Settlement?

Altogether, the stakes are incredibly high at $190 million in the Capital One Bank Settlement Claim 2024, with every applicant facing a payout of $25,000.

What is the Capital One Bank Settlement Date 2024?

Since September 27, 2024, benefits have been paid out. As of October 20, 2024, benefits are still being provided to the general population.

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