If you saw a deposit labeled “147” or heard about the 12.5M class action settlement tied to Cash App checks, this guide explains what that means and the practical steps to claim any payout.
What are 147 Cash App Checks?
147 Cash App checks refers to transactions or records flagged in a class action suit against Cash App. Plaintiffs alleged certain checks or deposits were misrepresented or processed in ways that led to fees, delays, or account restrictions.
The label “147” became shorthand for the specific set of transactions covered by the lawsuit and later used in settlement notices and claim forms.
Why the label 147 appears
Legal teams and settlement administrators often tag groups of claims with a number. In this case, 147 identifies the subset of checks and related behavior at issue. Seeing 147 in your account history does not automatically mean you will get a payment, but it signals potential relevance.
Overview of the 12.5M Class Action Settlement
The class action settled for a total fund of $12.5 million to resolve alleged harms tied to these labeled checks. The agreement sets rules for who is eligible and how money will be distributed.
The settlement covers a defined time period and specific transaction types. It also outlines claim deadlines, documentation needs, and how the settlement administrator will handle disputes.
Who qualifies for the 12.5M class action settlement?
- Individuals or accounts that received, sent, or attempted to cash checks flagged as part of the 147 group during the covered period.
- People who experienced specific harms outlined in the settlement notice, such as certain fees, blocked funds, or incorrect reporting tied to those checks.
- Anyone who did not opt out of the class and who files a timely claim before the deadline.
How payouts are calculated
Payouts come from the $12.5M pool after fees and administrative costs are deducted. The settlement typically defines categories of harm with corresponding formulas:
- Fixed payments for specific documented fees or losses.
- Pro rata shares for claimants without exact documented losses.
- Enhanced payments for verified, higher-dollar damages with supporting records.
How to file a claim for 147 Cash App checks
Follow the settlement administrator’s instructions exactly. Common steps include filling a claim form, attaching supporting documents, and submitting before the deadline.
Documents you may need
- Screenshots or bank statements showing the 147-labeled transaction.
- Receipts or records of fees charged or funds withheld.
- Any emails or messages from Cash App referencing the transaction.
Step-by-step claim process
- Find the official settlement website from your notice or a trusted source.
- Complete the online or paper claim form accurately.
- Upload or attach supporting documents and keep copies for your records.
- Submit before the stated deadline and save confirmation details.
Class action administrators often pay out pro rata shares when many claimants lack detailed receipts. That means you may get a smaller payment unless you can document specific losses.
Common issues and how to avoid them
Many claim denials come from missing or unclear documentation. Prepare clear screenshots and bank statements that show dates, amounts, and the 147 label when possible.
If your claim is denied, read the denial reason and confirm whether the settlement allows appeals or supplemental evidence submissions.
Typical denial reasons
- Late submission after the deadline.
- Insufficient proof tying the loss to a 147-labeled transaction.
- Claimant opted out of the settlement earlier.
Real-world example: Small case study
Maria noticed a $25 fee after a deposit labeled “147” cleared her Cash App account in the covered period. She saved a screenshot of the deposit, her bank statement, and an in-app message from Cash App.
She filed a claim with those documents, selected the category for documented fees, and submitted the form online. After review, the administrator approved a fixed payment that covered the fee plus a small pro rata supplement.
Moral: quick record-keeping and clear evidence often lead to faster approvals and higher payouts.
Timeline and what to expect next
Settlement timelines vary but typically include a claim period, a review window, and final distribution. Expect months between filing a claim and receiving any payout.
Watch for official emails or mail from the settlement administrator. Avoid third-party services that charge to file a claim — you can do it yourself for free.
Final tips for claimants
- Keep records: immediately save screenshots and statements for any suspect transaction.
- Use the official settlement site: verify URLs and notices before submitting personal data.
- Meet deadlines: late claims are rarely accepted.
- Check your spam folder: official notices can land there.
If you believe you were affected by the 147 Cash App checks, act quickly and follow the settlement instructions. Proper documentation and timely filing improve your chance of receiving a fair share of the 12.5M settlement.