Bank of America Data Breach Settlement

Data Breach · Class action settlement

No proof ⏱ Due Nov 20, 2026 New

16,750 claimedReviewed Aug 13, 2026

Lawsuit

Bank of America agreed to a $425 million settlement over a data breach that exposed names, Social Security numbers and addresses. $50 flat with no proof; claims due November 20, 2026.

Bank of America agreed to settle claims arising from a 2025 vendor breach that exposed personal information of customers. The bank denies liability.

All class members can claim a flat $50 and free credit monitoring; documented out-of-pocket losses and time spent are reimbursable up to $600.

Eligibility

All persons in the United States whose personal information was compromised in the data security incident announced by Bank of America in February 2025 and who received a notice letter.

Fileby Nov 20, 2026
Admin reviewKroll
Approvedafter Dec 17, 2026
Paid1–6 months later

Key facts

StatusNew
Potential payout$50 flat payment, plus reimbursement of documented losses up to $600 and 2 years of credit monitoring.
Settlement fund$425,000,000
Proof requiredNo proof required
Claim deadlineEnds Nov 20, 2026
Exclusion / opt-out deadlineOct 21, 2026
Final approval hearingDec 17, 2026
Case nameIn re: Bank of America Data Security Incident Litigation
Case number3:25-md-03140
CourtU.S. District Court for the Western District of North Carolina
AdministratorKroll Settlement Administration

How to file

  1. Confirm you're in the class. Compare the eligibility section above with your own history — class period dates matter.
  2. Gather what's needed. No proof required. A sworn statement on the form is enough.
  3. File before Nov 20, 2026. Owed pre-fills the administrator's form with your details and submits it; or file directly on the official settlement website.
  4. Track it. Payments usually arrive 1–6 months after the final approval hearing (Dec 17, 2026).

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Last reviewed Aug 13, 2026. Every detail on this page is checked against official settlement administrator and court sources before publication. Where those sources disagree with information shown elsewhere, the official settlement notice controls.

Owed is an independent service and is not a law firm, a court, a government agency, or the settlement administrator. Whether you qualify, and any amount or date shown, is decided by the settlement administrator and the court, not by Owed. Payment figures are estimates and can change without notice.

This page is a plain-language summary, not legal advice, and does not create an attorney-client relationship. Bank of America and related names are trademarks of their respective owners; Owed uses them only to identify the settlement described on this page and is not affiliated with, endorsed by, or sponsored by Bank of America, the court, or the settlement administrator.

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Estimated possible payout$1 to $600
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