Millions of UK residents may be entitled to up to £70 in compensation from Mastercard after a major legal ruling over unfair interchange fees charged between the 1990s and 2008.
Though the fees were imposed on retailers, they were often passed down to shoppers through higher prices, prompting courts to rule that consumers suffered indirectly and should be compensated.
Who is eligible?
You may qualify if:
- You lived in the UK before 2008
- You made purchases from UK businesses (even without using a Mastercard)
- You used a Mastercard between the 1990s and 2008 (optional but strengthens claim)
Even non-Mastercard users may be eligible due to the widespread retail impact of the fees.
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How to claim?
An online claim form will soon be made available. The final payout amount depends on the number of applicants, but it could reach up to £70 per person.
This ruling sets a powerful precedent in consumer rights, with Mastercard now facing a multi-million-pound compensation bill.
Consumers are advised to watch for official updates and claim portal details in the coming weeks.
