ANZ class action

Email came..

The data provided by ANZ shows that the retrospective interest charged to you was less than $5.00. Due to the costs of administering distribution of payments, under the proposed settlement distribution scheme, it is proposed that where registered group members were charged less than $5.00 of retrospective interest, there will be no settlement payment
 
Email came..

The data provided by ANZ shows that the retrospective interest charged to you was less than $5.00. Due to the costs of administering distribution of payments, under the proposed settlement distribution scheme, it is proposed that where registered group members were charged less than $5.00 of retrospective interest, there will be no settlement payment
same here :(
 
How is it supposed to work in terms of calculating the amount we get? I just signed up in case I got something but can’t recall ever paying interest on an ANZ credit card. Maybe 20 years ago I might have had a small amount but nothing recently. Yet they’re telling me I get $224. :confused:
 
How is it supposed to work in terms of calculating the amount we get? I just signed up in case I got something but can’t recall ever paying interest on an ANZ credit card. Maybe 20 years ago I might have had a small amount but nothing recently. Yet they’re telling me I get $224. :confused:
Write back to them and tell them they’re in error and that you probably shouldn’t be receiving the $224.
 
How is it supposed to work in terms of calculating the amount we get? I just signed up in case I got something but can’t recall ever paying interest on an ANZ credit card. Maybe 20 years ago I might have had a small amount but nothing recently. Yet they’re telling me I get $224. :confused:

Some things are better left unsaid
 
I pay lots of interest on 2 credit cards. My payout is <$5 and I owe the lawsuit money.

Gross waste of time and the only real winners are the lawyers.
 
I pay lots of interest on 2 credit cards. My payout is <$5 and I owe the lawsuit money.

Gross waste of time and the only real winners are the lawyers.
how do you owe the lawsuit money? I thought it was no win, not fee?
 
Has anyone else received class action details from Phi Finney McDonald regarding interest being charged on interest free credit cards? First I have heard about it and I'm sure I only had the card to churn. Don't recall any issue at the time.
Don’t bother, they haven’t contacted people and I think that they lost at court !! but haven’t heard a thing from them , its over 2 years since I registered. You will be lucky to receive 30c, after all legal fees have been paid, as it was mentioned on today tonight.
 

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