Merchants, acquirers, and payment intermediaries may be entitled to a payout from the Discover card merchant class action settlement. Discover has agreed to pay up to $1.225 billion to resolve claims that it misclassified certain credit cards as commercial cards, leading to excessive interchange fees.
Who Can Claim?
You are eligible if you:
- Accepted or processed Discover credit card transactions between January 1, 2007, and December 31, 2023
- Were an end merchant, merchant acquirer, or payment intermediary during that time
If you fall into this group, you can submit a claim for compensation.
How Much Can You Receive?
Calculate Your 2026 COLA Increase →- All approved claimants are guaranteed at least $10
- Payouts will be based on the interchange fees you overpaid
- The settlement fund ranges from $540 million to $1.225 billion, with payments adjusted depending on the number of valid claims
How to Claim Your Settlement
- Visit the official website – DiscoverMerchantSettlement.com
- Complete the claim form – Submit it online or by mail before the deadline
- Provide documentation – Requirements vary; follow instructions provided on the site
- Wait for approval – Payments will be distributed once the court grants final approval
Claim Deadline: May 18, 2026
Final Approval Hearing: May 20, 2026
Important Reminders
- Submitting a fraudulent claim is perjury and reduces funds for legitimate merchants
- If you want to opt out or object, you must do so by March 25, 2026
- Unsure if you qualify? Review the FAQs on the settlement website before filing
Case Information
- Case Name: CAPP Inc., et al. v. Discover Bank et al., Case No. 1:23-CV-4676, U.S. District Court for the Northern District of Illinois
- Claims Administrator Contact:
Discover Merchant Settlement
c/o Epiq Class Action
P.O. Box 5370
Portland, OR 97228-5370
Email: Info@DiscoverMerchantSettlement.com
Phone: 888-655-3176
If you accepted Discover card payments between 2007 and 2023, don’t leave money on the table. File your claim today at DiscoverMerchantSettlement.com to secure your payout.
