International Shoppers May Be Owed A Refund
Those who made international purchases with a Visa, MasterCard or Diners Club, between the years 1996 and 2006, may have a refund coming their way. According to Stars and Stripes, a publication geared toward U.S. military personnel, international shoppers could get $25 or between 3 and 5 percent of all such purchases. It’s all part of a class action settlement in a lawsuit claiming the card companies did not adequately disclose information about the foreign transaction fee attached to each international purchase. According to the article, a separate lawsuit is pending against American Express.
The total bounty is $336 million. Those wanting to claim their piece of the pie need to do so before May 30. Purchases made through post exchanges or commissaries are ineligible, as they are considered part of U.S. commerce. However, eligibility may be granted to purchases made from international vendors on a U.S. military post, or purchases made stateside from an international vendor with a foreign transaction fee attached.
According to the article, many servicemen thought the settlement notices they received were hoaxes. It’s not a hoax — it’s for real! Those who think they might be eligible should go to CCFSettlement.com for more information and to claim a portion of the money.
May 21st, 2008 at 5:10 am
[…] Fundublog Loans wrote an interesting post today onHere’s a quick excerptInternational Shoppers May Be Owed A Refund By Hayli Morrison May 21st, 2008 Posted in Diners Club, credit card news, American Express Credit Cards, MasterCard Credit Cards, VISA Credit Cards Those who made international purchases with a Visa, MasterCard or Diners Club, between the years 1996 and 2006, may have a refund coming their way. According to Stars and Stripes, a publication geared toward U.S. military personnel, international shoppers could get $25 or between 3 and 5 percent of all […]