Capital One Bank Settlement 2025 – Check Amount, Eligibility & Payment Dates

Are you also waiting to get the Capital One Bank Settlement 2025 payment? If so, let us inform you that people must fulfill certain eligibility standards for compensation. The Bank has been charged with a data breach, which is also considered one of the largest data breaches in banking history.

In 2019, the Bank was hit by a cyberattack that compromised users’ data & the economic details of around 98 million consumers. People have experienced a huge loss of data, such as SSNs, bank account numbers, credit card information, and family information. Read the complete article to get more information about this settlement.

Capital One Bank Settlement 2025

Capital One Bank has faced serious accusations of a data breach that affected many customers and led to a class action lawsuit against it. However, the Bank has decided to settle $190 million to compensate users for their losses. The settlement amount can be given as compensation to different users and includes extended support services such as identity restoration.

People who meet the eligibility criteria that the authorities have given will be eligible to receive compensation. To get compensation, people must have a past account with Capital One Bank from the data breach. You can read the article below carefully to get the complete information about the Capital One Bank Settlement 2025.

Capital One Data Breach Settlement Overview

Name of DepartmentCapital One Bank Settlement Authority
ProgramCapital One Bank Data Breach Settlement 2025
CountryUSA
Settlement Amount$190 million
Extra HelpIdentity protection until February 13, 2028
CategoryGovernment Aid
Official Websitehttps://www.capitalonesettlement.com/

Capital One Bank Settlement 2025 Payment Schedule

Eligible customers will receive the payment in multiple rounds to ensure fair distribution from the authorities.

  • The Ist round of benefits was given on Sep. 28, 2023, to the citizens whose applications were initially approved.
  • The IInd round of Capital One settlement ended on Sep. 4, 2024, for the people with pending validation or other extra documents.

People should know that the Bank may issue additional benefits if any amount remains after successful distribution.

Eligibility for Capital One Bank Settlement 2025

Not all affected users will be directly qualified to receive the Capital One Bank Settlement. Individuals need to meet the eligibility criteria given by the court and the Bank to ensure that all affected citizens will be eligible to receive benefits safely.

  • Individuals with an active Capital One Credit card or bank account between Sep. 2015 & Jan. 2022 can get a settlement amount.
  • Individuals who apply for receiving the compensation must be living in the United States and have permanent residency.
  • People with proof of monetary harm, such as scheming charges or other financial loss, are also eligible.
  • Individuals must submit a claim before the given deadline of the authorities to be eligible for receiving benefits.

How to Claim the Capital One Bank Settlement 2025

If you think you qualify for this Capital One Bank Settlement 2025, you need to submit a claim using the steps below:

  • First of all, you need to confirm your eligibility based on the criteria given by the department.
  • Secondly, you need to go to the Bank’s official website – @capitalonesettlement.com, on your device.
  • Fill out the claim form & upload all necessary documents as evidence for verification.
  • Submit it or send it to the company’s given mail address.
  • Individuals can also track the status of their claim via the Bank’s official website.

Impact of Capital One Bank Settlement 2025

Capital One data breach settlement has had a huge influence on customers as well as the larger financial industry. Following the 2019 attack, where the sensitive information of approximately 98 million people was exposed, Capital One agreed to pay $190 million in class-action lawsuits.

This settlement provided financial restitution to eligible customers & offered identity protection services through February 13, 2028. The breach demonstrated the significance of robust data protection practices & cautioned other banks on the need for aggressive cybersecurity measures to protect consumer information.

FAQs

When was the first Capital One settlement payment sent?

On September 28, 2023, payment was given to the initially approved customers.

What is the settlement amount with Capital One

$190 Million Settlement

Is someone eligible for compensation if they had a Capital One account in 2016?

Yes, a person must be eligible as the timeframe given is between 2015 and 2022.

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