Open for claimsBankingSunTrust $240 Million Overdraft Fee Settlement: Who Qualifies & How to Claim
Last updated: July 10, 2026
SunTrust Bank, now operating as Truist, agreed to a $240 million settlement to resolve claims that it charged improper overdraft fees on ATM and debit card transactions — one of the largest bank overdraft settlements in U.S. history. Eligible Georgia customers are estimated to receive between $5 and $1,000, and no proof is required. The claim form is not yet available; it opens after the court grants final approval, and the claim deadline is expected in late August 2026.
The settlement covers Georgia residents who paid an overdraft fee — including an insufficient-funds (NSF) fee or an extended-overdraft fee — that was not refunded, on a SunTrust account between July 12, 2006 and April 15, 2014. The opt-out and objection deadline was April 20, 2026, and the court held a final approval hearing in May 2026. If the settlement is approved, payments are expected around November 2026.
Key facts
- Settlement fund
- $240,000,000
- Estimated payout
- $5 – $1,000
- Claim deadline
- Expected late Aug 2026 (form not yet live)
- Proof required
- No
- Eligibility window
- July 12, 2006 – April 15, 2014
- Who qualifies
- Georgia residents charged an unrefunded overdraft fee
- Expected payout timing
- Around November 2026
- Defendant
- SunTrust Bank (now Truist Bank)
Official settlement administrator: suntrustoverdraftclassaction.com
Who qualifies
- You were a Georgia resident with a SunTrust deposit account.
- You paid an overdraft fee — including an NSF fee or an extended-overdraft fee — on an ATM or debit card transaction, and it was not refunded.
- The fee was charged between July 12, 2006 and April 15, 2014.
How to claim the SunTrust overdraft settlement
- 1
Confirm you fit the class
You must have been a Georgia resident who paid an unrefunded SunTrust overdraft fee on an ATM or debit card transaction between July 12, 2006 and April 15, 2014. The opt-out and objection deadline was April 20, 2026.
- 2
Wait for the claim form to open
The claim form is not yet available — it opens after the court grants final approval, following the May 2026 hearing. The claim deadline is expected in late August 2026. You will be able to file online or by mail, with one claim per eligible account.
- 3
File before the deadline — no proof needed
No documentation is required to receive a payment. Have your SunTrust account details ready, submit a claim form for each eligible account, and payments are estimated at $5 to $1,000, expected around November 2026.
- 4
Let ClaimBee track the deadline for you
Because the claim form opens later in 2026, it is easy to forget. ClaimBee monitors 2,000+ settlements, matches them to your profile, and alerts you the moment this claim window opens — and before it closes.
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Frequently asked questions
Who qualifies for the SunTrust overdraft settlement?
Georgia residents who paid an overdraft fee — including an NSF or extended-overdraft fee — on an ATM or debit card transaction at SunTrust between July 12, 2006 and April 15, 2014 that was not refunded.
How much is the SunTrust overdraft settlement payout?
Class members are estimated to receive between $5 and $1,000, depending on the overdraft fees they paid. No proof is required to claim.
What is the SunTrust settlement claim deadline?
The claim deadline is not set yet. The claim form opens after the court grants final approval, and the deadline is expected in late August 2026.
Do I need proof to file the SunTrust overdraft claim?
No proof is required. To receive a payment you submit a claim form for each eligible account, online or by mail, once the form is posted.
When will SunTrust settlement payments go out?
Payments are expected around November 2026, after the court grants final approval and the administrator processes claims.
Is SunTrust the same as Truist now?
Yes. SunTrust merged with BB&T to form Truist Bank in 2019. This settlement covers overdraft fees charged on legacy SunTrust accounts between 2006 and 2014.
How do I file the SunTrust overdraft settlement claim?
File through the official settlement administrator, suntrustoverdraftclassaction.com, once the claim form is posted. You can file online or by mail, with one claim per eligible account.
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