For all persons and entities in the United States who had a consumer or small business AmEx Credit Card account or Charge Account with American Express Bank, you are eligible for a potential award ($32.50) from the American Express Interest Rate Class Action Lawsuit. According to the lawsuit, American Express Centurion Bank and American Express Bank FSB with a fixed interest rate were improperly changed to a variable interest rate. AmEx denies any wrongdoings but agreed to settle the interest rate class action lawsuit to avoid expense and distraction of litigation. So if you are eligible, then file a claim by 8/30/2016 to receive your potential award!
Amex Interest Rates Class Action Lawsuit:
- American Express Interest Rates Claim Form
- Claim Form Deadline: 8/30/2016
- Who’s Eligible: Class Members of the AmEx settlement include all persons and entities in the United States who had a consumer or small business AmEx credit card or charge account with American Express Bank FSB or America Express Centurion Bank and:
- Had a fixed annual percentage rate on the account that was increased or changed to a variable rate between Oct. 1, 2005 and Dec. 31, 2010; or
- Had a fixed annual percentage rate on the account and were provided notice of an increase in the fixed rate or a change from a fixed rate to a variable rate between Oct. 1, 2005 and Dec. 31, 2010
- Estimated Amount: $32.50
- Proof of Purchase: N/A
- Case Name & Number: Alfredo M. Lopez, et al. v. American Express Bank FSB, et al., Case No. 2:09-cv-07335-SJO-MAN, in the U.S. District Court for the Central District of California, Western Division
How to File a Claim:
- Head on over to the American Express Interest Claim Form.
- Read over to the claim form to see if you are eligible.
- Fill out the claim form with your information (Name, Address, Email, Phone Number, etc)
- Submit your claim by 8/30/2016 to receive your potential award!
Bottom Line:
If you are a persons and entities in the United States who had a consumer or small business AmEx Credit Card account or Charge Account with American Express Bank, you are eligible for a potential award ($32.50) from the American Express Interest Rate Class Action Lawsuit. According to the lawsuit, American Express Centurion Bank and American Express Bank FSB with a fixed interest rate were improperly changed to a variable interest rate. AmEx denies any wrongdoings. If you are eligible, file a claim by 8/30/2016 to receive your potential award! Don’t forget to take a look at our full list of Class Action Lawsuit Settlements!
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