In early April 2026, social media users started claiming that a supposed settlement for a class-action lawsuit over inflated ATM surcharges had begun paying out funds to affected people.
The rumor circulated on Reddit and Facebook (screenshot). Snopes readers also searched the website for information on the ATM lawsuit.
This is a real settlement paid out by Visa and Mastercard to eligible ATM users related to a lawsuit called Mackmin v. Visa Inc. Court documents indicated that a federal judge approved the $197.5 million settlement amid allegations that the companies conspired to "restrain trade" and inflate ATM surcharges, thus violating federal antitrust laws (see pages 1 and 9).
According to the official website for this class-action lawsuit, digital payments from the 2024 settlement began on April 6, 2026.
As such, we have rated this claim as legitimate and not a scam.
The 2024 settlement came from a class-action lawsuit that previously settled with JP Morgan, Wells Fargo and Bank of America for $67 million in 2021. As part of both settlements, the companies did not admit fault.
Receiving your payment as an eligible claimant
Eligible claimants "paid an unreimbursed ATM Access Fee" directly to the defendant companies between Oct. 1, 2007 and July 26, 2024, per court documents (see Page 2). However, the deadline to submit a claim form for payment eligibility was Jan. 22, 2025, according to the lawsuit's official website. If you have not already submitted a claim, you will not be eligible to receive money from this settlement.
Legitimate emails notifying claimants of payments come from a digital provider called Tremendous from the email address rewards@reward.tremendous.com. People who are having trouble redeeming their payment may reach out to Tremendous at help@tremendous.com, according to the class-action lawsuit's official website.
It is also possible to request a paper check in writing:
To request a paper check in lieu of a digital payment, please submit a request in writing to the Settlement Administrator by email to info@ATMClassAction.com or by mail to:
ATM Surcharge Settlement
P.O. Box 170500
Milwaukee, WI 53217
How to find the court documents, determine legitimacy
All of the court documents related to this lawsuit are available on PACER, a public database for federal electronic court records. Snopes uses Court Listener, a nonprofit repository of PACER documents and other court records, to search for court cases.
The official class-action lawsuit webpage has a detailed list of relevant court documents, which can be cross-referenced using PACER and Court Listener to determine the lawsuit's legitimacy. The first pages in those documents include the name of the lawsuit and its associated case number (1:11-cv-01831-RJL-MAU), which you can use to search PACER and Court Listener.
A court order granting final approval of the settlement included the names of the lawyers on Page 3, which are also listed on the official website — another indication of both the website's legitimacy and the lawsuit (emphasis ours):
Pursuant to Federal Rule of Civil Procedure 23(g), the Court hereby confirms that Hagens Berman Sobol Shapiro LLP, Quinn Emanuel Urquhart & Sullivan, LLP, and Mehri & Skalet, PLLC are appointed as Settlement Class Counsel, and that the named Plaintiffs, Andrew Mackmin and Sam Osborn, are appointed to serve as the Class Representatives on behalf of the Settlement Class.