Consumer Payment Card News

Foreign Fees

Consumers have less than six months to examine their credit card statements and file a claim for a refund of foreign transaction fees charged to their credit card in the past. Under a settlement reached in 2006, cardholders of VISA, MasterCard and Diners Club have until May 31st of this year to file for a refund of the fees. This is an extension of a previous deadline. The lawsuit involves credit card transactions made in a foreign currency, or with a foreign merchant, between February 1, 1996 and November 8, 2006. The settlement provides $336 million to pay claims. If you want yours then go to the Web site listed below or call 1-800-945-9890 and file a claim. You can even estimate the fees charged since it tracks back to 1996. For more information visit: “http://www.ccfsettlement.com”:http://www.ccfsettlement.com

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