CALIFORNIA — Bank of America agreed to pay $2.25 million to settle a class-action lawsuit alleging it improperly charged customers multiple out-of-network balance inquiry fees at ATMs inside 7-Eleven stores. A final approval hearing in the case is scheduled for Aug. 21, 2026.

The complaint, originally filed in federal court in California in 2019, claimed that customers were charged two fees when only one balance inquiry was made at ATMs operated by FCTI, Inc. inside 7-Eleven locations. Bank of America denied wrongdoing but agreed to settle the case to avoid continued litigation and trial costs.

The settlement covers U.S. customers who had Bank of America checking accounts and were charged more than one out-of-network balance inquiry fee during the same visit to an FCTI-owned ATM at a 7-Eleven store between May 1, 2018, and Nov. 16, 2021. Customers who already received payments through a separate 2024 settlement in the case Weiss v. FCTI are not eligible for payments in this settlement.

Eligible customers may have received notices about the settlement by email or postcard. The notices directed customers to the settlement website, where they must submit a claim by July 29 to receive a payment.

Settlement members will receive an equal share of the $2.25 million fund after court-approved fees and expenses are deducted. The amount each person may receive is not yet known.

The class period runs from May 1, 2018, through Nov. 16, 2021, meaning fees charged outside those dates are not covered by the settlement. The final approval hearing, set for Aug. 21, 2026, will determine whether the court formally approves the agreement reached between Bank of America and the class.