I believe most of us have got the letter regarding a class-action lawsuit claiming that ” Visa, MasterCard, their member banks, and Diners Club, conspired to set and conceal markups and fees, typically 1-3%, on foreign transaction.” and “those persons who made a foreign transaction using a Visa-, MasterCard-, or Diners Club- branded credit, charge or debit card between February 1, 1996 and November 8, 2006 are members of the Settlement Damages Class.”

If you have made transactions outside the U.S. between Feb. 1, 1996 and Nov. 8, 2006,you are eligible to get the refund. You need to complete and submit a claim form prior to the deadline, either on-line at www.ccfsettlement.com/claim, or by mailing or faxing in the form. There are some options about the refund.

1. Easy refund of $25 which is recommended if you travel outside of the U.S. for less than one week or had foreign transactions of less than $2,500 using your eligible cards during the class period.

2. Total Estimation Refund which is based on typical spending during travel and answers to the few questions listed on the claim form. This option is recommended if you traveled outside the U. S. for more than one week or had foreign transactions of more than $2,500.

3. Annual Estimated Refund which is based on the information you provided and is recommended if you had extensive foreign travel and foreign transactions.

If you want to get the refund charged by the above mentioned credit card networks, you can fill in the claim form online and wait for the result. For more detailed information, you can refer to the official FAQs.