Capital One Bank Settlement Payment Status – Check Amount & Payout Dates

Capital One had one of the biggest bank breaches of 2019 impacting nearly 98 million people, The breach reveals personal information such as addresses, Social Security number, bank information and even their credit scores The victims were highly exposed to ID fraud, compromised purchases, and financial instability. The $191 million class-action settlement to compensate affected users was approved in 2022. Claimants eligible received the option to seek reimbursement of direct financial loss, time spent in resolving fraud cases, and ongoing protection against identity fraud.

Capital One Bank Settlement Payment Status

The first payments were issued in 2023 and 2024, and the extended benefits of identity protection were issued until 2028. The breach of 2019 at Capital One had wide-ranging effects that went to several million consumers and even involved very personal data. The breach is done because of a worker of the Amazon Web Services (AWS ) having a Capital One cloud-based storage system weakness. The people eligible could be paid, even if a customer suffered no monetary harm, they could be paid back in the form of identity protection services, and they are now able to avail themselves of them until 2028.

Capital One Class Action Settlement Overview

Article on	Capital One Bank Settlement 2025
Country	U.S.
Department	Capital One Settlement Administrator
Program Name	Capital One Bank Settlement
Category	Government Aid
Official Website	Capitalonesettlement.com

Why this Capital one Bank Settlement in 2025 happening

In 2021 Capital One bank agreed to pay 191 million dollars to settle a class action filed by US-based clients against the bank as they have breached their personal information. The claimants will each be paid $25,000 to compensate them for missing funds. The USOCC penalized Capital One 80 million dollars over the same matter, although that was over a year ago.

The monies will be paid to the ones that have been affected to compensate them for data security fees, fraud, and identity theft. You can recover roughly $25 an hour worth of wasted time, or roughly 15 hours. Monies not received are not a factor. People will be paid by paper check if not by an electronic payment, and will be sent a couple of weeks to four weeks after the deadline to make an electronic payment. In addition to this, the Capital One Class Action Settlement will be provided by email by Epiq Pay.

Reason of Capital One Bank Settlement

Such individuals who lost funds due to system hacks are eligible to make a Capital One Settlement Claim. Even after all the innovations that have taken place with regards to IT infrastructure, Capital One reported in July 2019 that there had been a breach in significant client information by a third party.

The Capital One settlement has been paid by the entity with respect to the data breach. Money is paid to class members via the EpiqPay online payment network. You can obtain your settlement cash via the “Claim Payment” link included in any payment due by March 27, 2023 reminder email that you have received from EpiqPay, based on the website.

Benefits for Individuals who have suffered Data Breach

The settlement deal further included financial compensation directly and long-term security services.

1. Financial Compensation

Capital One made cash reimbursements to the victims where financial losses due to the breach could be documented. The reimbursement was divided into three levels:

• Individuals with unauthorized charges, bills related to fraud, or security upgrades are eligible to recover a maximum of $25,000. 
• Claimants who lost time in responding to fraud issues were paid $25 an hour to a maximum of 15 hours.
• The members that didn’t show significant financial loss received $50 to $250 depending on the volume of valid claims.

2. Identity Protection along with that Restoration Services (until 2028)

Capital One also offered non-monetary rewards to the impacted clients. They gave them the following:

• Free online financial transaction monitoring and credit report monitoring.
• Fraud Protection & Identity Theft Coverage under which additional protection against unauthorized financial activities.
•  Support to Identity Restoration within this expert guidance to identity-theft victims.
• The services are free of cost to eligible individuals and will be accessible until February 13, 2028. Capital One Settlement Payout Schedule

Individuals who are eligible to get the One Bank Settlement

Not every Capital One account owner is eligible for payment. One qualifies only if he or she met the requirements. Capital One informed you, by formal notification, that your data was affected by the breach that occurred in 2019.  Those whose name, street address, SSN, or bank account number were exposed in the breach.  You submitted a valid as well as timely claim form. You can provide proof of the financial loss caused or the expenses that resulted from the breach You will have already made your claim if you are eligible since the deadline has passed.

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