Settlement Structure: Claims Made
Active: OpenCase Summary:
Bank of America, NA is settling a class action alleging that it offered confusing payment options for its eBill AutoPay credit card payment program. The complaint alleged that the “Amount Due” option was confusing because it paid only the minimum amount due and not the full amount due, so that customers ended up maintaining a balance and paying interest when they intended to pay their full account balance.Docket Number:
Company: Bank of America
Filing Deadline: January 1, 2100
Class Period: June 4, 2014 to March 7, 2021
Objection Deadline: September 11, 2021
Exclusion Deadline: September 11, 2021
Final Approval Hearing: November 17, 2021Proof of Purchase:
No proof or claim form is required. Class members will automatically receive payment.Eligibility:
You may be eligible if you currently or formerly (1) have or had a Bank of America credit card, (2) enrolled in the bank’s eBill AutoPay program for the card, (3) chose the “Amount Due” payment option, between June 4, 2014 and March 7, 2021, and (4) as of May 21, 2021, you switched your payment option from “Amount Due” to “Account Balance” after making an “Amount Due” payment and being charged interest.Typical Settlement Amount:
Benefit: Check for a pro-rata share of the net settlement fund.
Total Settlement Amount: $5.95 millionClass Representative Proposed Incentive Fee:
Case Name: Jette v. Bank of America, N.A.
Settlement Website: Bank of America eBill AutoPay Settlement Website
Epiq Class Action & Claims Solutions, Inc.
BANA Credit Card Auto Payment Settlement Administrator
P.O. Box 6386
Portland, OR 97228-3386