Student Credit Card and Credit Education Blog

If you traveled internationally between February 1, 1996 and November 8, 2006 and used a credit card, a recent court case was settled which can award you some additional money. What happenend was that a few consumers realized that they were being charged foreign exchange fees from 1 percent to 3 percent, but were not told of this. This was being done not only for purchases but also for ATM transactions. Pretty sneaky Visa, Mastercard, and Diner’s Club, who of course all denied they were doing this.

What is the settlement amount? If you’ve spent under $2,500, you’ll get $25. If you’ve spent more than that, you can be awarded between one and three percent of your spend. You’ll have to answer some questions before they’ll approve you for the latter.

To apply and for more info, visit www.ccfsettlement.com.