Originally Posted by
outoftown
I've read a lot of this thread since I do have foreign transactions charges. I did a search here and elsewhere on FT for "settlement", but did not notice any posts about the class action lawsuit to recover some of the foreign conversion charges that Diners Club, MasterCard and Visa have made us pay since 1996. I received an extra form in my mastercard and visa bills last month, but no one here seems to have mentioned it yet. If it is covered elsewhere, the moderator can move or close my post. If you are interested in recovering some of the foreign conversion charges and it seems many of you have had substantial charges, see the link below.
https://www.ccfsettlement.com/claim/
-outoftown
Thanks outoftown. My search found your post only. It is certainly not clear what we will get back, but a lot of money seems to be at stake. ($135 Million
in the settlement notice). Luckily I keep all my charge records back to 1996, so now I have some work to do.
Note - The deadline for submitting the form is January 2008
Two more questions I have:
1. How do the credit cards charge their fees? I've studied my statements from time to time, and haven't figured it out. I haven't yet read this long thread, and I'm sure when I do, that will help.
2. What did the companies do wrong to lead to this settlement? I have
no idea.