Credit One Bank customers who received the robocall can receive a payout of up to $ 1,000 through the settlement. If you are wondering about the Credit One Bank settlement, its eligibility, and other details, you can find the full information here.
Credit One Bank $1000 Settlement
The Credit One Bank class action lawsuit has been settled with a $14 million settlement fund that will compensate the affected customers and cover other expenses of the settlement. The defendant agreed to the settlement to resolve the class action lawsuit with no admission of liability.
The Credit One Bank is facing a lawsuit for violating the Telephone Consumer Protection Act. Eligible class members of the Credit One Bank settlement can receive a payout between $100 and $1000, depending on the number of claims filed, the net settlement fund, and other factors.
The amount will also depend on the harm the robocall causes and your documentation. According to reports, the net settlement fund for the class members will be around $8 to $9 million after covering settlement administration costs, service awards, and other expenses.
The settlement was announced in June/July 2025, and the class members are still waiting for the settlement administrator to announce the claim process.
What are the allegations against Credit One Bank?
The lawsuit against Credit One Bank was filed in 2014, and now, nine years later, the lawsuit has settled. Let’s see what the allegations against the Credit One Bank are in the class action lawsuit:
- The bank has violated the Telephone Consumer Protection Act as they have made automated or robocalls without the consent of the people.
- The robocalls were made to remind people of debt collection or payment, and for marketing.
- The robocalls were made to the Credit One Bank customers as well as non-customers, and continued even when they asked the bank to stop calling them.
Who can claim the Credit One Bank $1000 settlement?
If you wish to know whether you qualify to claim the Credit One Bank settlement and receive a payout of up to $1000, you can check the claim eligibility for the class members below:
- You must have received automated or robocalls from Credit One Bank or its affiliates without any authorization and received the call repeatedly.
- You must have received the calls between the class periods 2014 and 2019, even when you are not a customer of Credit One Bank.
How to claim the Capital One Bank Settlement?
The Credit One Bank settlement official website has yet to go live, so the claim process is not clear yet; however, based on the general class action claim process, you can file it online or offline. Here you can file the Credit One Bank settlement claim online in the following steps:
- Visit the Credit One Bank settlement official website, once it is live.
- Next, click the Submit Claim option and read the instructions.
- Next, enter your claim ID or class member number, which you may receive via mail or email.
- Now, you can access the claim form, start entering the information in the claim form, and ensure it is valid.
- Once all the information in the claim form is final, review it and then submit. It’s not clear whether the class members would need to submit the call records as documentation or not, so please check the official website first.
The class members will be able to file the claim form offline by posting the filled claim form to the settlement administrator’s postal address, which will be mentioned on the settlement website or the notice you received.
When can you expect the payout from the Credit One Bank settlement?
The Credit One Bank class action settlement website is yet to be available; hence, we have no claim deadline, claim process, or final approval hearing dates. If the final approval hearing for the Credit One Bank settlement will be around November/ December 2025, then valid claimants can expect the payout before mid-2026.
The class action settlement payout distribution can take time, like 3 to 6 months with no appeal; however, if someone appeals the court decision, it can be delayed and remain stopped until the appeal is resolved.
So, for now, people affected by the Credit One Bank automated calls between 2014 and 2019 should stay vigilant as the official settlement website can go live anytime soon and claim the settlement on time.
