Capital One Bank Settlement 2025 – Who is Eligible to Claim this Payment?

On: Tuesday, April 15, 2025 5:03 AM

In 2019 a major example of data theft in US history was revealed, with a hack of Capital One Bank’s system, exposing information about approximately 98 million customers. This data included sensitive information such as people’s names, addresses, bank account numbers, social security numbers and credit scores.

Due to this cyber attack, millions of people were placed at risk of identity theft and fraud. Following this, a large class action lawsuit was filed, holding the Bank responsible.

What is Capital One Class Action Settlement?

In 2022, the court approved a settlement, under which Capital One had to pay compensation of $190 million (about Rs 1,580 crore) to the affected people. This money was given to some people in 2023 and 2024, but some people are still waiting for Capital One Settlement Payment 2025.

This Class Action Settlement is not just limited to compensation – free Identity Protection Services are also being provided until 2028 so that affected people can stay safe in the future.

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Who is eligible for Capital One Settlement 2025?

If you are also one of the 9.8 crore customers whose data was leaked in the 2019 hacking, then you may be eligible for this settlement. Full details of eligibility are given below:

Eligibility conditions:

You must have held a Capital One bank or credit card account between September 1, 2015 and January 12, 2022.
You must be a US resident.
You must have provided evidence of any loss or wrong transaction due to hacking.
You must have filled the Settlement Claim Form on time and submitted the required documents.

How much compensation will you get?

A payment from the Settlement Fund will be distributed to eligible claimants based on the claimants’ losses. If you experienced identity theft or fraud or other types of economic losses with documentation, you could receive a maximum of $25,000 in compensation.
Furthermore, if you had to waste 15 hours of your time because of this issue, such as a trip to the bank, making phone calls or a report, you can also claim payment for about 15 hours ($25 per hour).

How will you get paid?

The Capital One Settlement will be distributed using Epi q Pay, a digital payment service. If you provided the correct email ID in the claim form, you will receive an email from EpiqPay.com; in the email, you can select the payment method (bank transfer, PayPal, etc.).

Payment Status:

The first round of payments began on September 27, 2023.
Some more people received payments in 2024.
The next payment for 2025 is still in process.
No specific date has been set, but updates will be available on the website.

Identity Security Service – Facility till 2028

Those who were affected by the data theft are being offered Identity Defense and Restoration Services, which will be available till February 13, 2028. Experts in these services help you so that your identity remains safe and you do not fall victim to such fraud again.

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Importance of the case

This settlement is not just a compensation of money, but a strong message that banks and financial institutions should prioritize the security of their customers’ information.

In this case, Capital One was also fined $80 million by the US OCC (Office of the Comptroller of the Currency).
Also, customers had made several allegations against the company such as – false advertising, high fees and deceptive lending process.

Where will you get the latest information?

If you have filled out a claim form or are waiting for payment, you can view the full details on the official website:
👉 capitalonesettlement.com

Conclusion

This settlement by Capital One is a significant step toward providing justice and safety for millions of aggrieved individuals. If you submitted a timely claim, and all documents are in order you could also be shouldered with this compensation. This incident also shows us how valuable our personal information is on the internet and the importance of protecting it.

FAQs

Q1. What is the Capital One Bank Settlement 2025 about?

A: The Capital One Bank Settlement 2025 refers to a legal resolution following a major data breach case. Affected customers may be eligible to receive financial compensation as part of the settlement.

Q2. Who is eligible to claim the Capital One settlement payment?

A: Individuals who had their personal information compromised during the Capital One data breach (which occurred in 2019) and meet the specific eligibility criteria set by the settlement are eligible to file a claim.

Q3. How much compensation can I receive from this settlement?

A: The amount varies depending on your personal impact, but eligible individuals could receive reimbursement for out-of-pocket expenses, time spent dealing with the breach, and credit monitoring services.

Q4. How can I check if I qualify for the Capital One Settlement 2025?

A: You can visit the official settlement website and enter your details to check your eligibility. The website will guide you through the process of verifying your status.

Q5. Is there a deadline to file a claim?

A: Yes, there is a deadline to submit your claim form. It’s important to check the official website for the exact cut-off date to ensure you don’t miss out.