If you’re one of the many Americans affected by the Capital One data breach, you may be entitled to compensation under the Capital One Bank Settlement 2025. This payout is part of a $190 million class action settlement stemming from a massive cyberattack in 2019—considered one of the largest data breaches in U.S. banking history. Here’s everything you need to know about the eligibility requirements, payment schedule, and how to claim your settlement.
What Happened in the Capital One Data Breach?
In July 2019, Capital One was the target of a cyberattack that exposed the personal and financial information of around 98 million consumers. The leaked data included:
- Social Security Numbers (SSNs)
- Bank account numbers
- Credit card details
- Income and employment information
- Family-related data
Following the breach, Capital One faced a class action lawsuit and eventually agreed to a $190 million settlement to compensate affected users and provide extended identity protection services.
Capital One Bank Settlement 2025 Overview
| Settlement Details | Information |
|---|---|
| Program Name | Capital One Bank Data Breach Settlement 2025 |
| Settlement Fund | $190 million |
| Identity Protection Services | Through February 13, 2028 |
| Eligible Customers | U.S. residents with a Capital One account (Sep. 2015 – Jan. 2022) |
| Official Website | www.capitalonesettlement.com |
Payment Schedule and Rounds
The settlement is being disbursed in multiple payment rounds to ensure fair distribution and proper verification:
- First Round: Payments were issued on September 28, 2023 to applicants whose claims were verified early.
- Second Round: Closed on September 4, 2024, for individuals requiring additional documentation or validation.
Additional rounds may occur if funds remain after initial distributions. Claimants are advised to monitor the official website for future updates.
Who Is Eligible for the Settlement?
Not everyone affected by the breach will receive compensation automatically. You must meet these court-approved eligibility criteria:
- Held a Capital One account (credit card or banking) between September 2015 and January 2022
- Must be a U.S. resident with permanent legal status
- Must have experienced monetary harm, such as unauthorized charges, credit monitoring expenses, or time spent resolving issues
- Must have submitted a valid claim by the court-established deadline
How to File a Claim
If you haven’t filed a claim yet but believe you qualify, follow these steps:
- Check your eligibility on the official website.
- Visit www.capitalonesettlement.com.
- Complete the online claim form, providing your personal details and documentation of losses (if any).
- Submit the form online or mail it to the provided address.
- Track your claim status using the claim ID provided after submission.
What You Can Receive
Depending on your circumstances and documentation, eligible claimants may receive:
- Cash payments for documented out-of-pocket losses or time spent addressing the data breach
- Free identity restoration services
- Credit monitoring and fraud protection through early 2028
Exact payment amounts vary based on the number of valid claims and the documented financial impact.
Broader Impact of the Settlement
This landmark settlement has had far-reaching implications beyond Capital One. It:
- Set a precedent for how banks handle cybersecurity failures
- Reinforced the importance of data protection in the financial industry
- Triggered wider investment in fraud detection and prevention tools
- Highlighted consumer demand for greater accountability from financial institutions
As cyber threats grow more sophisticated, the Capital One breach is a powerful reminder that robust digital defenses are not optional—they’re essential.
FAQs
When will I receive my Capital One settlement payment?
If your claim was approved in the first or second round, you may have already received your payment. Additional disbursements may be issued if funds remain.
Is the settlement still accepting new claims?
No. The final deadline to file claims has passed. Only those who submitted valid claims before the cutoff will be considered.
What if I lost money but didn’t file proof?
Claimants without documentation may still receive a smaller payout based on estimated time spent resolving breach-related issues.