Rapid Investments, Axiom Bank $4.2M Release Card Settlement

Rapid Investments, Axiom Bank $4.2M Release Card SettlementIndividuals who received a release card between Jan. 16, 2024, and June 30, 2026, may be eligible to claim $15 plus other benefits from a class action.Rapid Investments, Axiom Bank $4.2M Release Card SettlementWeekly NewsletterClass actions settlements delivered to your inbox.Thank you! Check your inbox for a welcome email.Oops! Something went wrong while submitting the form.William C. GendronEditor in ChiefPublishedAugust 20, 2026 12:23 PMUpdatedAugust 24, 2026Join the DiscussionIndividuals who received a prepaid debit card, often referred to as a release card, when a jail, correctional facility, detention center or other law enforcement facility released them between Jan. 16, 2024, and June 30, 2026, may be eligible to claim at least $15, plus additional compensation, from a class action settlement.Rapid Financial Solutions and Release Pay and Axiom Bank NA agreed to pay $4.2 million to settle a class action lawsuit. The lawsuit alleges these companies issued release cards with fees to individuals upon release from custody instead of returning funds by cash or check, violating federal and Washington state law.Who can file a claim?Individuals are considered class members if:Law enforcement took them into custody at a jail, correctional facility, detention center or any other law enforcement facility in the United States.They were entitled to the return of money that was either confiscated from them or left in their inmate accounts at the time of release.Rapid Financial Solutions and/or Axiom Bank issued them a prepaid debit card between Jan. 16, 2024, and June 30, 2026.There are two groups within the class:Nationwide class: All eligible individuals across the United States who meet the above criteriaWashington subclass: All eligible individuals eleased from a facility located in Washington state who meet the same criteriaHow much can class members get?