One-time compensation will be provided to 98 million eligible people against losing their personal information. Capital One Bank can provide a certain amount to people who qualify criteria. Class Action lawsuit can help people get justice against wrongdoing. So, people need to find the Capital One Bank Settlement Payment Date to receive their compensation.
The company has lost its customer’s private data which causes financial loss and misuse of this information. So, qualified people require the payment date that can help to receive this payment. Capital One Bank Class Settlement Amount can help people to pay their bills and overcome the financial loss that occurs due to losing their personal information.
Capital One Bank Settlement Payment Date
American people have experienced loss of personal information that allows them to raise a claim. Therefore, various people filed the lawsuit regarding company privacy failure. $190 million was approved by the court as the compensation amount. It allows people to receive their cut as a compensation amount. Capital One Bank Settlement Check can allow people to receive compensation against the privacy loss.
About 90 million people were affected with this data breach. Therefore, they can make a valid claim to get justice in the financial form. Therefore, they need to check the payment dates that can help in getting this compensation. This article includes information on Capital One Bank’s Settlement Payment Date to receive the compensation against the lawsuit. It also covers qualification, payment date, and payment amount.
Capital One Bank Compensation Payment Dates- Overview
| Article On | Capital One Bank Settlement Payment Date |
| Country | USA |
| Department | Capital One Bank |
| Beneficiary | Eligible people |
| Amount | According to eligibility |
| Category | Finance |
| Official Website | capitalonesettlement.com |
$190M Capital One Bank Settlement Eligibility Criteria
The customers of Capital One Bank can get this compensation amount only if they meet the criteria. Therefore, they need to check the points that they need to meet. This can help them to become a valid beneficiary for the $190M Capital One Bank Class Settlement. So, you can find the necessary pointer below to find your eligibility.
- Former or current customers of Capital One Bank can get this compensation.
- Applicant must have held a minimum of one account from 1st September 2015 to 12th January 2022.
- You must be residing in America.
- You need to provide evidence of financial loss or unauthorized transaction due to a data breach.
- You have not excluded yourself from the Capital One Bank Class Action Settlement.
- You must have filed a valid application claim with supporting documents before crossing the deadline.
Capital One Bank Settlement Payment Amount
Valid claimants want to get their justice as soon as possible. It makes them highly excited to sue their company and get compensation for the loss. After approval of $190M affected Capital One Bank customers wants to know the exact amount the can receive. This can allow them to overcome the financial loss and support to overcome the debt. Therefore, Capital One Bank Settlement Payment Amount is crucial for claimants to pay their loans and other debts. This can contribute to improving their financial condition and help to pay their dues that occur due to financial loss against theft.
According to resources, people can receive $25,000 as compensation amount against their loss due to identity theft. This payment can help people bear losses that occurred over time including the unauthorised payment. Moreover, people should also know that compensation amount can depend on the financial loss faced by the individual. This means, if you have lost less than $25,000 then you will get less Capital One Bank Settlement Amount in your bank account. Therefore, you need to present proof of loss that can allow the beneficiary to get this payment in their bank account. Total financial loss will decide the overall compensation amount.
Capital One Bank Settlement Payment Dates
Eligible beneficiaries can get the compensation amount after the final approval. Final approval has been granted to release the $190M Capital One Bank Data Breach Settlement on the 13th of September 2022. Therefore, people who have submitted a valid claim application may have received their payment so far. According to resources, the first round of payment will be distributed on the 28th of September 2023. Valid claimants can get settlement according to their qualifications. Therefore, people can check their bank statements to know if they have received this payment.
Moreover, second round of payment is also released and provided to valid claimants on the 4th of September 2024. This payment was made against the financial loss that occurred to eligible claimants. So, Capital One Bank Data Breach Settlement Amount is paid to affected people. So, people who have not accepted their payment can cross-check the bank statement or connect to relevant authority regarding it.
$190M Capital One Bank Data Breach Class Settlement Timeline
Certain people are looking for the key information that can help them to know different events that occurred on certain dates. This can help to understand the Capital One Bank Data Breach Settlement Payment among people to help them in receiving compensation. So, any individual who wants to know the timeline of the event can go through the below table.
| Particulars | Capital One Bank Data Breach Settlement Timeline |
| Data breach occur date | 1st September 2015 to 12th January, 2022 |
| Final court approval for settlement | 13th September 2022 |
| Claim submission deadline | 30th September 2022 |
| First round payment distribution dates | 28th September 2023 |
| Second round payment distribution dates | 4th September 2024 |
| Identity restoration services remain available for affected individual through | 13th February 2028 |
| Official Website | Click Here |
| Homepage | Philtranco.net |