HSBC Overdraft Fee Class Action Lawsuit

For HSBC customers in the U.S. who incurred one or more overdraft fees on your HSBC account as a result of posting transactions that included, at least, one debit card or point-of-sale transactions from highest to lowest dollar amount. You are eligible for a potential award from the HSBC Overdraft Fee Class Action Settlement! According to the lawsuit, the banking giant intentionally posted debit card transactions to customers accounts in highest-to-lowest dollar amount in order to charge an overdraft fee.

HSBC maintains that there was nothing wrong with the posting order used and that it has not violated any laws but agreed to the terms of the settlement to avoid the cost of further litigation. If you are eligible for this class action lawsuit, then you must file a claim by 6/06/2016 to receive a potential award!

Table of Contents

HSBC Overdraft Fee Class Action Lawsuit:

HSBC Overdraft Fee Claim Form
Claim Form Deadline: 6/06/2016
Who’s Eligible: HSBC class action settlement Class Members include all HSBC customers in the U.S. who incurred one or more overdraft fees on your HSBC account(s) as a result of posting transactions that included at least one debit card or point-of-sale transaction from highest to lowest dollar amount.
Estimated Amount: Varies
Proof of Purchase: HSBC overdraft fee class action lawsuit settlement Class Members who were charged an overdraft fee after June 30, 2007 do not have to do anything to receive a payout. Once the court approves the final settlement, you will automatically receive a payment or account credit.
Case Name & Number: In re: HSBC Bank USA NA Checking Account Overdraft Litigation, Case No. 650562/2011, in the Supreme Court of the State of New York, County of New York

How to File a Claim:

Head on over to the HSBS Overdraft Fee Class Action Lawsuit.
Read over the HSBS Claim Form and read over it to see if you qualify.
File a claim by providing your information.
You must submit a claim by 6/06/2016.

Bottom Line:

For Class Members include all HSBC customers in the U.S. who incurred one or more overdraft fees on your HSBC account(s) as a result of posting transactions that included, at least, one debit card or point-of-sale transaction from highest to lowest dollar amount, you are eligible for a potential award from the HSBC Overdraft Fee Class Action Lawsuit. If you are eligible for then you must file a claim by 6/06/2016 to receive a portion of the class action settlement! Don’t forget to take a look at our full list of Class Action Lawsuit Settlements!