If you use Cash App, a recent $12.5 million settlement may affect you. This guide explains who can get the $147 payments, how eligibility is determined, and the distribution process in clear steps.
What is the 12.5M Cash App class action?
The 12.5M Cash App class action is a settlement resolving claims that certain Cash App practices harmed users. The settlement fund is $12.5 million and eligible class members may receive a pro rata distribution, estimated at about $147 each.
This section summarizes the settlement purpose and the basic payout figure so you know what to expect from the case.
Who is eligible for the 147 payments?
Eligibility is based on who was in the certified class and the time period covered by the lawsuit. Read the settlement notice or claims form carefully to confirm dates and requirements.
Common eligibility criteria
- Made or received certain Cash App transactions during the specified period.
- Are a U.S. resident (or meet the geographic limits listed in the notice).
- Did not opt out of the class action.
How to check if you are included
Look for these items on the settlement website or notice:
- Exact date range covered by the settlement.
- Types of transactions that qualify (for example, ATM fees, specific transfers).
- Steps required to file a claim and any supporting documents you may need.
How are 147 payments calculated?
The $147 is an estimated figure based on dividing the net settlement amount among eligible claimants. The actual payment may vary depending on claim rates and administrative costs.
Factors that affect payment size
- Number of approved claims — more claimants means smaller individual shares.
- Authorized deductions — fees for administrators and attorneys reduce the net amount available.
- Late or incomplete claims may be denied, which can increase payments for approved claimants.
How to submit a claim and distribution timeline
Follow the official claims process posted on the settlement website. Deadlines are strict, so act promptly if you believe you are eligible.
Step-by-step claim process
- Find the official settlement website from the notice or court docket.
- Read the frequently asked questions and the claims form instructions.
- Complete the claims form online or by mail before the deadline.
- Attach required proof, if requested (transaction records, account statements).
- Track confirmation and wait for the administrator’s approval.
Typical distribution timeline
- Claims deadline: fixed date posted in the notice.
- Claims review and verification: several weeks to months after the deadline.
- Distribution: once claims are approved and payments are calculated, distributions usually occur by check or direct deposit.
What to do if you disagree or missed the deadline
If you disagree with the settlement or believe you were wrongly excluded, the notice will explain how to object or exclude yourself. Objection deadlines are strict and usually require filing paperwork with the court.
Missing the claim deadline often means losing the right to share in the settlement. Contact the settlement administrator quickly if you think you missed the deadline due to error; they will explain any possible remedies.
Common questions and quick answers
- Will everyone get exactly $147? No. The $147 is an estimate; final amounts depend on approved claims and fees.
- How will payments be delivered? Payments may be checks or electronic transfers, depending on the administrator’s setup.
- Do I need a lawyer? Not typically. The settlement administrator handles claims; a lawyer can help if you object or opt out.
Small real-world example
Example: Maria used Cash App to send money to friends and occasionally paid small fees for certain services during the covered period. She found the settlement notice in her email, submitted the claim form with two transaction screenshots, and received an approval notice. When distributions were made, she received a $150 payment by direct deposit — slightly above the $147 estimate due to fewer approved claims than expected.
Settlement funds are usually paid after all claims are verified. That process can take several months, so estimated payments like $147 often change before final distribution.
Checklist before you file
- Confirm you fall within the settlement dates and transaction types.
- Gather transaction records or screenshots as proof.
- Submit the claim online if available — online is faster and usually confirms receipt immediately.
- Keep a copy of your claim confirmation and any communication from the administrator.
Following the steps above will give you the best chance to receive your share of the 12.5M Cash App settlement. If you need legal advice about objections, exclusion, or interpretation of the notice, consider contacting a consumer law attorney for a consultation.
