# HSBC Direct Savings Account Interest Class Action Settlement

> HSBC Bank — Banking class action settlement.

## Key facts
- Company: HSBC Bank
- Category: Banking
- Estimated payout: $10 minimum (pro rata of $495K fund)
- Proof required: No proof
- Claim deadline: Aug 20, 2026
- Coverage: Nationwide
- Case: Cheng v. HSBC Bank USA, N.A.
- Official claim form: only available with the notice ID mailed to class members
- ClaimSensor page: https://www.claimsensor.com/hsbc-settlement

## Who qualifies
People who opened an HSBC Direct Savings Account between March 25, 2014 and February 20, 2021 and made ACH deposits through HSBC's online portal where interest didn't start on the same business day the deposit was initiated. You need the Unique ID from your notice.

## How to file your claim
1. Open the official settlement website and file the Claim Form with your name, current email/address, and Unique ID.
2. Provide electronic payment info if you no longer have an open Direct Savings Account (current holders are paid by account credit).
3. Submit online by 11:59 p.m. EST or postmark by August 20, 2026.

## Disclaimer
ClaimSensor is not a law firm and does not provide legal advice or file claims on your behalf. Eligibility and payment amounts are not guaranteed. All claims are processed and paid by the official settlement administrator. Always verify details on the official settlement site before filing.