A Settlement has been reached in a class action lawsuit alleging that Capital One improperly charged overdraft fees on one-time Lyft transactions to customers who did not opt into the Bank's Debit Card Overdraft Service. Capital One denies any wrongdoing or liability. The Court has not decided who is right...
Current and former holders of Capital One consumer checking Accounts who were not opted into Capital One's Debit Card Overdraft Service at the time they were charged an overdraft fee by Capital One for a transaction with Lyft may be eligible for a payment or Account credit from the Settlement Fund...
If you are entitled under the Settlement to a payment or Account credit, you do not have to do anything to receive it. The Court has approved the Settlement and it has become final and effective, and if you remained in the Settlement Class, you will automatically receive a payment or Account credit.