Parents frustrated that their kids racked up iTunes bills without their permission may be in luck. Apple is offering to pay up to many of those affected, reports "Gigaom" (http://tinyurl.com/bgmb9k2).

Under the terms of the settlement, Apple will offer a $5 iTunes credit to those who claim that a minor bought in-game items without their knowledge or permission. If the amount in question is more than $5, Apple will offer a credit for that amount. If the amount in question is over $30, an Apple user can claim a cash refund.

The proposed settlement comes after parents sued Apple in 2011 upon discovering that their minor children had racked up credit card charges in supposedly free games.