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$167.5M Settlement Could Refund Millions Paid in ATM Fees

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A proposed $167.5 million settlement between Visa and Mastercard could bring relief to people who paid ATM fees when withdrawing cash from independent ATMs in the US.

The case, Burke v. Visa Inc., centers on allegations that Visa and Mastercard rules restricted how independent ATM operators could set their access fees, leading to higher costs for consumers.

Eligible consumers must submit a claim by February 10, 2027, to seek a share of the settlement fund, which will cover approved expenses such as attorneys' fees and litigation costs.

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