Some folks will recall the suit against American Express for their foreign currency conversion fees on charges made in a currency other than dollars, and the settlement that followed.

Now there is a settlement in the class action against VISA, MC, and Diners Club for similar currency conversion fees. The lawsuit is about the price cardholders of Visa-, MasterCard-, or Diners Club-branded payment cards were charged to make transactions in a foreign currency, or with a foreign merchant, between February 1, 1996 and November 8, 2006. The Settlement Fund is $336,000,000!

Claims against the settlement fund have to be filed by January 9, 2008.

You can claim based on transactions made in foreign (i.e., non-US$) currency from February 1, 1996 through November 8, 2006.

For more information, down-loadable forms, etc., go to:

http://www.ccfsettlement.com/

Questions? 1-800-945-9890