What are 147 Cash App Checks and the 12.5M Class Action Settlement
This guide explains the 147 Cash App checks tied to a class action settlement totaling 12.5 million dollars. It covers who is eligible, how payments are calculated, deadlines, and practical steps to claim or cash a check.
Summary of the 12.5M Class Action Settlement
The settlement resolved claims against the payment company related to specific transaction practices and alleged improper fees or disclosures. The settlement fund is 12.5 million dollars and will be distributed to qualifying class members as fixed or proportional payments.
Some class members will receive a single payment of 147 dollars. Others may receive a different amount depending on claim type and proof submitted.
Who Qualifies for 147 Cash App Checks
Qualification depends on date ranges, transaction types, and whether you were part of the defined class in the court filings. Typical eligibility includes users who had certain accounts or transactions between the stated dates in the settlement notice.
Check the official settlement notice for precise definitions, but common qualifiers are:
- Account owners in the class definition time window
- Users who experienced specific fee or transfer issues listed in the complaint
- People who did not timely opt out of the class
How Payments Were Calculated
The settlement administrator calculated payments using a fixed base amount for some claim types and prorated shares for others. 147 dollars is a common fixed payment amount for a subset of eligible claimants.
Factors affecting amounts include the number of valid claims, supporting documentation, and administrative costs deducted from the fund.
Key distribution rules
- Valid claims verified by the administrator receive a check or electronic payment
- Uncashed checks may be redistributed or donated as specified in the settlement
- Payment amounts are final unless successfully appealed in court
How to Claim or Cash a 147 Cash App Check
If you received a mailed check, follow the instructions printed on it. If you received notice about an electronic claim, use the claim portal listed in the settlement materials.
Standard steps to claim or cash a check:
- Confirm the check issuer and settlement administrator name
- Sign the back of the physical check and deposit it at your bank or via mobile deposit
- If directed to a claims portal, create an account, submit required documents, and track status
- Keep copies of all communications and the check stub for records
What documents may be required
- Proof of account ownership (screenshots, statements)
- Identification, such as a driver license or passport
- Proof of disputed transactions, if requested
Timeline and Deadlines
Settlements include set deadlines for filing claims, cashing checks, and objecting or opting out. Missed deadlines usually forfeit your right to receive a payment from this settlement.
Typical dates to watch for include:
- Claim filing deadline
- Objection or opt-out deadline
- Check issue date and check cash-by date
Class action settlements often include a claims administrator who maintains a public case website listing deadlines, frequently asked questions, and a searchable database of mailed check recipients.
Real-World Example
Case study: Maria, a casual Cash App user, received a mailed check for 147 dollars after the settlement administrator verified her account activity within the eligible period. She endorsed the check, deposited it via her bank’s mobile app, and the funds cleared within three business days. Maria kept a scanned copy of the front and back of the check in case of a bank inquiry.
What to Do if You Never Received a Check
If you believe you were eligible but did not receive a check, take these steps:
- Visit the settlement website and search the recipient list
- Contact the claims administrator using the published phone or email
- Verify your mailing address and provide proof of eligibility if requested
- If necessary, file a claim through the portal before the deadline
Common FAQs about 147 Cash App Checks
Are these checks taxable?
Generally, class action payments can be taxable depending on what the payment compensates. Consult a tax professional and retain settlement notices for your tax records.
Can I cash the check at any bank?
Most banks will accept a properly endorsed check. Check deposit rules vary by bank, especially for mobile deposit limits and holds.
What if I lost the check?
Contact the claims administrator immediately to request a stop payment and reissue. There may be a fee or verification process.
Contacting the Claims Administrator and Next Steps
All official contact details are in the settlement notice. Use the claims portal for secure uploads and tracking. Keep a record of all communications and confirmation numbers.
Final checklist:
- Confirm eligibility from the official notice
- Submit any required claim forms before the deadline
- Deposit or cash checks promptly and save copies
- Contact the claims administrator for missing or damaged checks
Following these steps will help ensure you receive and safely deposit any 147 Cash App check you are eligible to receive under the 12.5 million class action settlement.