The Capital One data breach led to a significant lawsuit and a settlement agreement. Millions of customers were affected, prompting legal action against the company.
As a result of the lawsuit, Capital One agreed to compensate affected individuals. The settlement included cash payments and credit monitoring services.
The Capital One settlement 2024 payout date was a crucial concern for claimants. Eligible individuals were awaiting payments for financial losses and time spent addressing fraud risks.
The payment process was completed in two rounds, ensuring that claimants received their due compensation. However, no further payment reissues or new claims are being processed.
Capital One Settlement 2024 Payout Date
The Capital One settlement 2024 payout date was finalized in two rounds, ensuring eligible claimants received their compensation. The first round of payments began on September 28, 2023, followed by a second and final round on September 4, 2024. These payments covered financial losses and time spent dealing with fraud risks from the 2019 data breach.
After the final distribution, no further payouts or claim reissues were scheduled. Any uncashed checks have now expired and cannot be deposited. However, affected individuals can still access free Identity Defense Services and Restoration Services until February 13, 2028, ensuring continued protection against fraud.
Settlement Background
In 2019, Capital One experienced a massive data breach. Hackers gained access to personal information, including Social Security numbers and bank details.
A class-action lawsuit was filed against Capital One for failing to protect customer data. The company agreed to a settlement to resolve the claims and compensate victims.
The settlement provided financial relief for affected individuals. It also offered identity protection services to prevent future risks.
By 2023, claimants who had filed valid claims started receiving their payments. This process continued into 2024 with a final payout round.
2024 Payout Date and Process
The Capital One settlement 2024 payout date was structured in multiple phases. The first round of payments began on September 28, 2023.
A second round of payments followed on September 4, 2024. This ensured that eligible claimants received their compensation in a timely manner.
After the final distribution, no additional payouts were scheduled. The payment process was officially concluded, and uncashed checks became void.
The settlement also covered non-monetary benefits, such as free credit monitoring and fraud resolution services. These services remain available until 2028.
| Payout Round | Date | Status |
| First Round | September 28, 2023 | Completed |
| Second Round | September 4, 2024 | Completed |
| Final Payout | No further payments | Closed |
Payment Methods
Claimants received their settlement payments through different methods. Direct deposit was one of the fastest options for receiving funds.
Prepaid debit cards were issued to those who preferred this method. It provided a convenient way to access compensation without using a bank account.
Paper checks were also sent to eligible claimants. However, uncashed checks have now expired and cannot be deposited.
Since the payment process is closed, no new checks will be issued. Claimants who missed their payments will not receive another round.
Additional Settlement Benefits
In addition to cash compensation, the settlement included fraud prevention services. These services help protect affected individuals from future identity theft risks.
Claimants can enroll in Identity Defense Services until February 13, 2028. This provides long-term protection against potential fraud.
The settlement also offers Restoration Services to help victims recover from any identity theft issues. These services remain active even after the financial payouts are completed.
To enroll, affected users can contact Pango at 833-317-4821. The official settlement website provides more details.
What to Do If You Missed the Payout
If you did not receive your settlement payment, no new claims are being accepted. The claim filing and payout process is officially closed.
Uncashed checks have expired, and attempting to deposit them may result in fees. Banks will not honor these checks anymore.
Claimants should focus on utilizing the fraud protection services included in the settlement. These services remain available for several more years.
For any inquiries, visit capitalonesettlement.com. The official website provides updates and support options for affected individuals.
Conclusion
The Capital One settlement 2024 payout date marked the final phase of the payment process. All eligible claimants have received their compensation.
No additional payouts will be issued, and uncashed checks are no longer valid. However, claimants can still access credit monitoring services.
Affected users should take advantage of these services to protect their identities. The settlement ensures long-term support for those impacted by the breach.
For more details and assistance, visit the official Capital One settlement website.
FAQs
When was the final Capital One settlement 2024 payout date?
The final round of payments was issued on September 4, 2024, after the first round on September 28, 2023.
Can I still receive my settlement payment if I missed it?
No, all payments have been completed, and uncashed checks are now void with no reissue option.
How did eligible claimants receive their payments?
Payments were made via direct deposit, prepaid debit cards, or paper checks, depending on the claimant’s preference.
What should I do if I suspect fraud after the settlement?
You can access free Identity Defense and Restoration Services until February 13, 2028, by contacting Pango at 833-317-4821.
Where can I find more information about the settlement?
Visit the official settlement website at capitalonesettlement.com for updates and assistance.
