Visa Settles Cardholder Class Action Over Zipcar Policy

Law360, New York (March 9, 2015, 3:45 PM EDT) -- Visa Inc. has settled a proposed class action accusing it of unfairly refusing to provide a promised rental car damage waiver because it didn't recognize Zipcar Inc. as a rental car company, according to documents filed in California federal court Friday.

Under the terms of the settlement, Visa will pay more than $160,000 to cardholders whose claims for its auto rental collision damage waiver were denied due to Visa's internal policy that identified Zipcar as something other than a rental car company. The settlement said Visa began accepting Zipcar claims in November and is required to do so through March 2015....

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California Northern

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Contract: Other

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Date Filed

November 4, 2013

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