Bank of America agreed to a $2.25 million class action settlement to resolve claims it charged multiple out-of-network fees at 7-Eleven ATMs.
The Bank of America settlement benefits accountholders who were assessed more than one out-of-network balance inquiry fee during the same visit to an FCTI ATM located in a 7-Eleven store between May 1, 2018, and Nov. 16, 2021.
According to the class action lawsuit, Bank of America breached its contract with customers by charging multiple out-of-network fees for balance inquiries at 7-Eleven ATMs. Plaintiffs in the case say they were charged two out-of-network fees for a single balance inquiry at 7-Eleven ATMs.
Bank of America is a national bank with locations across the country. The bank also has ATMs in other locations, including convenience stores, such as 7-Eleven.
Bank of America has not admitted any wrongdoing but agreed to a $2.25 million class action settlement to resolve the lawsuit.
Under the terms of the Bank of America settlement, class members can receive a proportional share of the net settlement fund based on the number of claims filed. No payment estimates are available at this time.
The deadline for exclusion and objection is July 7, 2026.
The final approval hearing for the Bank of America settlement is scheduled for Aug. 21, 2026.
Current Bank of America accountholders do not need to file a claim to receive settlement benefits. Former Bank of America accountholders must file a claim to receive settlement benefits. The claim form is available on the settlement website.
The claim form deadline is June 29, 2026.