Discover Settlement

This settlement is now closed. The claims submission period has ended. No further claims are being accepted at this time.

The lawsuit alleged that Discover misclassified millions of consumer credit cards as commercial accounts between 2007 and 2023, resulting in higher interchange fees charged to merchants. The total settlement fund was approximately $1.2 billion.

Eligible participants included end merchants, merchant acquirers, and payment intermediaries who processed Discover transactions between January 1, 2007 and December 31, 2023.