FlyerTalk Forums - View Single Post - Currency conversion fee lawsuit settlement
Old Apr 22, 2007 | 10:05 am
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Lurker1999
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20 Years on Site
 
Join Date: Apr 2006
Posts: 3,540
Currency conversion fee lawsuit settlement

Came upon this via Fatwallet but the direct link to the currency conversion fee settlement website is here.

Essentially if you've incurred currency conversion fees any time between Feb 1 96 and Nov 8, 06 you may be entitled to some money back. I figure this is highly likely in this group. What you do have to have is some idea of how much you've spent in foreign currency.

This is pretty easy if you've scanned all of your previous statements but much more onerous if you have to actually request statements from your bank. A lot of people on FW are not bothering filing as they don't have any idea of how much they've spent and the settlement counts on that as it only covers about 9% of the total fees involved.

However to those of you who have substantially higher charges or who have records dating to 1996 this might be worth your while.

Note that the website requires either the account number or the last four digits of your SSN stating that you may receive less if you do not provide the account number.

In this era of identify theft I'm not sure I'd want to provide my full account number to multiple active accounts to a single website.
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