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Bank of America 7-Eleven ATM fee settlement cover photo showing a BOA graphic, $2.25 million settlement fund, June 29, 2026 claim deadline, and pro-rata cash payment details.
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Bank of America 7-Eleven ATM fee settlement: eligible U.S. accountholders may qualify for a pro-rata cash payment from the $2.25 million settlement fund. Claim deadline is June 29, 2026.

Bank of America 7-Eleven ATM Fee Settlement

Bank of America 7-Eleven ATM fee settlement for U.S. accountholders charged more than one out-of-network balance inquiry fee at FCTI-owned 7-Eleven ATMs. Eligible former accountholders must file by June 29, 2026.

Settlement Features

Consumer Protection
No Proof Required
PIN/ID Needed

Settlement Overview

This settlement resolves claims in Schertzer, et al. v. Bank of America, N.A., et al., Case No. 3:19-cv-00264-DMS-MSB, pending in the United States District Court for the Southern District of California.


The lawsuit alleges that Bank of America, N.A. assessed more than one out-of-network balance inquiry fee when customers used FCTI, Inc.-owned ATMs located in 7-Eleven stores. Bank of America denies wrongdoing, but has agreed to a $2,250,000 settlement fund.

The consumer-facing names people are most likely to search for are Bank of America and 7-Eleven ATM fees. The covered service is the Bank of America balance inquiry fee charged at FCTI-operated ATMs inside 7-Eleven stores during the class period from May 1, 2018 through November 16, 2021.


The settlement matters because eligible class members may receive an equal pro rata share of the net settlement fund. According to the official website, current accountholders who received notice may receive a distribution automatically if the settlement is approved. Former accountholders must submit a valid claim form by the deadline to receive payment.

The settlement does not provide a fixed individual payout amount. Instead, payments are pro rata, meaning each eligible claimant receives an equal share of the remaining net settlement fund after deductions for court-approved fees, costs, administration expenses, and any service award.


Who qualifies:

  • U.S. Bank of America accountholders
  • Those charged more than one out-of-network balance inquiry fee during the same visit to an FCTI, Inc.-owned ATM located in a 7-Eleven store
  • Those whose qualifying transactions occurred between May 1, 2018 and November 16, 2021
  • Those who did not make a valid claim and receive payment in Weiss v. FCTI, Inc.


FAQ

What is the Bank of America 7-Eleven ATM fee settlement?

It is a class action settlement over allegations that Bank of America charged multiple out-of-network balance inquiry fees during a single visit to certain 7-Eleven ATMs.

Who can get money from the settlement?

Eligible Bank of America accountholders in the United States who were charged more than one out-of-network balance inquiry fee at an FCTI-owned ATM in a 7-Eleven store during the class period may qualify.

Do current Bank of America customers need to file a claim?

The official website says current accountholders who received an Email Notice and/or Postcard Notice do not need to submit a claim to receive a pro rata distribution if the settlement is approved.

Do former accountholders need to file a claim?

Yes. Former accountholders must submit a valid claim form by June 29, 2026.

How much will each person receive?

The settlement uses a pro rata distribution, so the amount depends on the number of eligible claimants and the net settlement fund available after deductions.

Who Is Eligible?

  • You are a Bank of America accountholder in the United States.
  • You were assessed more than one out-of-network balance inquiry fee during the same visit.
  • The transaction took place at an FCTI, Inc.-owned ATM located in a 7-Eleven store.
  • The transaction occurred between May 1, 2018 and November 16, 2021.
  • You did not already make a valid claim and receive payment in Weiss v. FCTI, Inc.
  • If you are a former accountholder, you must file a claim by the deadline to receive payment.


How to File a Claim

  1. Confirm that you are a class member under the settlement definition.
  2. If you are a current accountholder who received notice, the settlement website says you do not need to file a claim to receive a pro rata distribution if the settlement is approved.
  3. If you are a former accountholder, go to the official settlement website and open the Submit Claim section.
  4. Complete the online claim form, or download and mail the paper claim form from the Documents section.
  5. The official website does not state a separate Unique ID or PIN requirement on the public pages I accessed.
  6. If you need help confirming eligibility or filing, call the settlement administrator at (833) 447-8321 or write to the mailing address below.
  7. Submit your claim by June 29, 2026.


Documentation Requirements

No Proof Required - ID/PIN needed for Online Claim

  • No proof of purchase is required to submit the standard claim for the pro rata settlement payment.
  • Claimants may file based on self-attestation through the official settlement website.
  • Former accountholders may receive an equal pro rata share of the net settlement fund, subject to final approval and any settlement deductions.


Payout Details

  • Total settlement fund: $2,250,000
  • Pro rata explanation: eligible claimants receive an equal share of the net settlement fund
  • Cash or non-cash benefits: cash settlement payment only
  • Payment or distribution method: current accountholders receive an automatic distribution if the settlement is approved; former accountholders who file online may choose electronic payment or paper check, and paper claim forms are paid by paper check


Key Information

Payout Range

Varies - Varies

Claim Deadline

June 29, 2026

20 days left

Total Settlement Fund

$2,250,000

Settlement Administrator Contact
Name: Schertzer v. Bank of America, c/o Kroll Settlement Administration
Address: PO Box 225391, New York, NY 10150-5391
Important Dates
Opt-Out: July 7, 2026
Final Approval: August 21, 2026
Submit Claim Now

By clicking "Submit Claim Now", you will be directed to the official settlement website to file your claim directly with the settlement administrator.