Update 9/27/23: Payout email went out today of between $282 and $707. Wow! Email subject is: Capital One Settlement – Notice of Upcoming Settlement Payment. Email address is: [email protected]. (ht reader bullmeister)
Short Version
As previously reported, Capital One has agreed to $190 million class settlement over a data breach that affected around 98 million U.S. residents. The agreement provides Identity Defense Services and also Restoration Services to those whose data was breached. It also provides cash payments to those who had actual Out-of-Pocket Losses (e.g. paid for credit freeze) and for Lost Time.
If eligible you would have received a unique ID and PIN to file a claim.
Class Action main link | Submit A Claim | FAQ
Longer Version
In July 2019, Capital One announced that it had been the victim of a criminal cyberattack on its systems. The attacker gained unauthorized access to the personal information of approximately 98 million U.S. consumers. The specific information accessed for each person included some combination of people’s names, addresses, zip codes/postal codes, phone numbers, email addresses, dates of birth, self-reported income, credit scores, credit limits, balances, payment history, contact data, and/or fragments of transaction data from a total of 23 days during 2016, 2017 and 2018. In addition, about 120,000 Social Security numbers and 80,000 linked bank account numbers were accessed.
Our Verdict
Given that 98 million of us are eligible for this settlement, I’m surprised we haven’t heard more about it from people who got the ID and PIN number to file. In any case, there’s no cash offering here unless you lost actual time/money over a breach which hopefully does not apply to most people. You can get more identity protection services if that interests you.
Hat tip to reader RM
I recieved a check dated 12/112024 for 185.85 from capital one with the#67194282 in the memo area and the check says pay to the order of USbank Brian Smith from Credit one Bank NA pPO Box 98873 Las Vegas NV 89193-8873 us I have have problems with charges applied to my acct. For payments they said I owed and when I Paid them they said they didn’t recieve the payment then I would send it again and they both would show up yhat they had seurecieved both and I would dispute one charge and would not get the money back or my charge would not reflect that the payment was made and zero out my card for use again over and over and they would say your card id at its max and a paymrnt is required to continue and I would pay it again right at that time and they would say your card can now be used and i be would try to use it and the merchant would say thier is not enough to cover your perchase and we did this month after month and they krpt saying your payment went through or it was not approved by your bank snd I eouldnt use the card and it would show a balance needing to be paid. I could never get it to zero to close the account because when I told them to close it then a unpaid balance would appeap again and I would have to do this over again! I still cant close the acct.
Got a check in the mail for $34.22 today like the other commenters. Thanks Cap1! You can leak my data any time
Got a link to redeem the additional funds today.
Got my additional 34.22 via Venmo today.
Same here, this is because they had leftover money after paying all the lawyers and fees.
“Pursuant to the terms of the settlement in the matter entitled In re: Capital One Inc. Customer Data Security Breach Litigation, MDL No. 1:19-md-2915, you are eligible to receive a payment of $34.22 This payment is your share of the money remaining in the Settlement Fund, after all other expenses were paid, and based on your acceptance of the initial payment made to you in 2023.”.
I didn’t get a 1099-MISC in mail yet for this for some reason so to report on tax return I just see the amount capital one deposited and put it under other income on tax return?
No. The full amount is not considered taxable. You’ll need to call the settlement administrators.
Finally got my 1099-MISC in the mail today. Curiously, box 3 is listed as a few hundred less than the payout amount I received. ¯\\_(ツ)_/¯
Before you got the settlement payment did they ask you for your social security number? Did you have to fill out a W9? They didn’t ask me, although I assume they have the info from my credit card account.
Yes they did. I doubt the settlement ppl got our SSNs from cap1
Before you got the settlement payment did they ask you for your social security number or have you fill out a W9? I assume they have that info from our credit card accounts.
Yes they did. I doubt the settlement ppl got our SSNs from cap1
the amount related to expenses you claimed for reimbursment was deducted from the overall payment and the excess listed on the 1099-Misc. It’s not epiq’s first rodeo handling class action payouts.
That makes sense! Thanks for the explanation. This is why I wanted the form and not just throw a number in my tax filing.
I was not asked to fill out a W9. Still have not gotten a 1099MISC. I haven’t filed my taxes yet. I’ll wait another week or so.
same here nothing did you get anything
called cap 1 and a rep said that 1099s were sent out Jan 31 and to allow up to 3 weeks for delivery. Asked for a digital copy to hedge my bets as (their arbitrary deadline of) Feb 21 is only two days away. this whole operation is just ass 🙄
did you ever get it?
yes
https://www.doctorofcredit.com/capital-one-190-million-data-breach-class-action-settlement/#comment-1803771
Now that it’s almost the end of January, has anyone received a tax form for this settlement payment?
Came here to say the same. Since today is Jan 31 for us folks that were given the $707.31 (and we weren’t asked before payout to fill out a tax form, unlike those that got bigger amounts) it’s safe to say will not be getting a 1099.
They have until Feb 15 to mail out 1099-MISCs to us. I’d wait until the end of the month to be sure
Got mine yesterday.
can you tell me the payor’s name on the 1099-misc form? I didn’t get one but I plan to report it anyway and i just need that info. Not sure if it is the same as capital one or not
88-0657555. But the taxable amount is less than the full amount you were paid. Call the settlement administrators to find that out
Capitol one data breach qsf
Wow just got the check today for $707.31 Thank you for alerting us and glad justice was served and people made as whole as can be. @chuck
William Charles
Emailed administrator and was told check was mailed first class usps on Oct 31,2023 via Portland. I have not received the paper check nor informed delivery as of today. Ummm sending to EU is quicker than domestic??? Seems fishy for those with paper check distribution via USPS. We need a secure method as it looks like many of us are in the same boat . A batch seems to be “ floating somewhere between pacific NW and East Coast” 🙁
Did you ever get it?