Visa Slapped With Class Action Over Zipcar Policy

Law360, Los Angeles (November 4, 2013, 6:21 PM EST) -- Visa Inc. was hit with a proposed class action in California federal court on Monday by a cardholder who says the company implemented a policy to refuse promised benefits to those who rented Zipcars because it is “not a car rental company.”

The lawsuit raises allegations that the policy resulted in a breach of Visa’s promise to provide Visa credit cardholders with a benefit known as the Auto Rental Collision Damage Waiver. With the Auto Rental CDW, Visa offers to reimburse cardholders for money owed for...
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