D
Discover
Discover will pay up to $1.225 billion to resolve claims of misclassifying certain credit cards, causing excessive fees for merchants.
Active settlementUnited States-wideClaim deadline: May 18, 2026Estimated payout: Varies45 days left
About this settlement
Settlement for merchants affected by Discover's alleged misclassification of credit cards leading to higher interchange fees.
This class action settlement addresses claims that Discover misclassified certain credit cards as commercial cards, resulting in excessive interchange fees charged to merchants. Eligible merchants and payment intermediaries who processed such transactions between 2007 and 2023 may file claims for compensation.
Who qualifies
- End merchants, merchant acquirers, and payment intermediaries.
- Involved in processing or accepting misclassified card transactions.
- Transactions dated between January 1, 2007 and December 31, 2023.
Varies
Claim deadline: May 18, 2026