Capital One Settlement Payout Date: All You Need to Know!
Hey there! If you’ve been eagerly waiting for an update on the Capital One settlement payout date, you’re in the right place. We’ve gathered all the juicy details you need to know about this highly anticipated payout. Let’s dive right in!
What’s the Deal with the Capital One Settlement?
In July 2019, Capital One experienced a major data breach that affected approximately 98 million U.S. consumers. The unauthorized access led to a class-action lawsuit, resulting in a settlement that offers various benefits to the affected class members.
The Final Settlement and Active Benefits
As of now, the settlement is final, and the claims process is officially closed. However, there are still some outstanding benefits available:
- Identity Defense Services: These services are extended through February 13, 2028, and include features like dark web monitoring, identity monitoring with alerts, lost wallet protection, security freeze capability, and $1 million in no-deductible insurance.
- Free Restoration Services: Access to U.S.-based fraud resolution specialists to help with fraud alerts, disputing inaccurate information, and more.
When Will the Payouts Be Issued?
Payouts to claimants who filed valid claims for Lost Time or Out-of-Pocket Losses started on September 28, 2023. If you were eligible for these claims, you should have received your payment by now. Unfortunately, the deadline to reissue these payments has passed.
What About the EpiqPay Digital Payments?
EpiqPay is the digital payment platform used for distribution. The deadline to claim your EpiqPay payment expired on November 27, 2023. For those who did not claim their digital payments, checks were mailed to the addresses on file on December 14, 2023.
Second Round of Payments?
Yes! If you cashed your initial payment, you’re eligible for a second payment expected in the summer of 2024. Keep an eye on updates by regularly checking the settlement website for the latest information.
Still Need Identity Defense Services?
If you missed the deadline for Identity Defense Services, don’t worry! You can still enroll in these services, valid through February 13, 2028. Simply contact Pango at 833-317-4821 to get an enrollment code and visit this link to enroll.
Further Assistance and Information
If you have more questions or need further assistance, you can contact the Settlement Administrator at [email protected] or call 1-855-604-1811 (Toll-Free).
Final Thoughts
The Capital One settlement has been a long-awaited event, and we hope this information has been helpful in understanding the payout timelines and the benefits still available to you. Stay vigilant, enroll in the available services, and keep an eye out for that second payment round in the summer of 2024!
If you found this article helpful, don’t forget to share it with others who might benefit from it. Stay safe and take care!
