Claim Your Refund for Foreign Credit Card Transactions

December 31, 2007

in Currency, Free Stuff, Information, Travel, USA, Web Tips

If you made any foreign credit card transactions between 1996 and 2006, you are likely due a refund from your credit card company. If you travel infrequently, nearly anyone can claim $25; if you charged hotels, plane tickets, cruise tickets, train tickets, souvenirs, meals, anything abroad more than $2500 over the same time frame, you can itemize and receive 1-3% of the total back, depending on your card. Find out how to get your “free” money after the jump.

Here’s the sitch: credit card companies were charging Currency Conversion Fees (CCFs) on foreign transactions unbeknownst to their customers; your ability to claim a refund is a result of a class-action lawsuit. The legalesey website is You have until May 30, 2008 to claim your refund. Some people have received targeted mailings with the settlement options; if you (like me) didn’t get anything in the mail, you can file online here.

If the end of the year is the time you go through bills and receipts for filing, now is perhaps the perfect opportunity to go through your credit card statements if you plan to itemize by year (Option 3). If you travel rarely, go to the website and choose the $25 payment (Option 1). Remember, this is for anyone who had a Visa (Interlink, Plus), Mastercard (Cirrus, Maestro) or Diners Club Card — including ATM and Debit cards — at any point between 1996 and 2006. Going through my statements took me around two hours and will net me no less than $110. Seriously, go get your money already!

{ 4 trackbacks }

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{ 10 comments… read them below or add one }

1 Haneefah 01.05.08 at 5:59 pm

See this post in its entirety at Desert Diaries.

2 soletanf 01.06.08 at 6:31 am

This sounds great, but do you know if it applies to Canadians? I can’t find that information on their web site. Thank you!

3 poetloverrebelspy 01.06.08 at 9:16 am

Soletanf, you’ll find the following statement here on the settlement website:
Any person who held a Visa-, MasterCard- or Diners Club-branded credit, charge or debit/ATM card issued in the United States as of November 8, 2006 is a member of the Settlement Injunctive Class. Those persons who made a foreign transaction on at least one of those cards between February 1, 1996 and November 8, 2006 are members of the Settlement Damages Class. Only members of the Settlement Damages Class may seek refunds by submitting a claim.” If you have a U.S. card and made charges, you are eligible for a refund. I hope this helps.

4 Veteran Military Wife at Life Lessons of a Military Wife 02.05.08 at 3:54 pm

Thanks for participating in the Life Lessons for Military Wives Carnival at!

5 poetloverrebelspy 02.21.08 at 9:02 pm

Find this post in the Carnival of Everything Finance, hosted by Everything Finance Blog.

6 poetloverrebelspy 03.04.08 at 3:04 am

Find this post in the Credit Cards and Mortgages issue of the Carnival of Debt-Free Living, hosted by Destroy Debt.

7 Dudemier 10.15.08 at 2:41 pm

Anyone get their refund yet?

8 poetloverrebelspy 10.15.08 at 5:44 pm

Dudemier, if you read the information that came with the refund claim forms, it may take years for them to sort out who gets what!

9 A. Lerman 11.20.08 at 7:35 pm

I filld out proper forms 6 months ago and have received nothing back. How and/or where do I find info to proceed?

10 poetloverrebelspy 11.20.08 at 8:32 pm

A. Lerman, please read the comment preceding yours. They must sort through all claims before divvying up the money. Expect to keep waiting for your check.

You can follow the progress at the CCF Settlement site linked in the post.

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