Claim Form Login
If you are residing in the United States and opened a Direct Savings Account with HSBC Bank USA, N.A. between March 25, 2014, and February 20, 2021, and who made noncash deposits into the account using HSBC’s online portal on a Business Day for which HSBC did not begin to apply interest on the same Business Day the deposits were initiated on the portal or on the first Business Day after a deposit initiated on a Saturday, Sunday, or Federal holiday, you may be a Settlement Class Member and eligible for payment. Excluded from the Settlement Class are: (1) the Judge presiding over this Litigation, and members of the presiding Judge’s direct family; (2) the Defendants, its subsidiaries, parent companies, successors, predecessors, and any entity in which the Defendants or its parents have a controlling interest, and their respective current and former officers and directors; and (3) Settlement Class Members who submit a valid Request for Exclusion prior to the Opt-Out Deadline.
If you are a Settlement Class Member and wish to receive Settlement payment then you must submit a Claim Form by August 20, 2026.
It is anticipated that every Settlement Class Member who submits an approved claim will receive a payment of at least $10.00 (“Minimum Payment”). If your pro rata share of the Net Settlement Fund would otherwise be less than $10.00, it is anticipated that you will instead receive a payment of $10.00. However, if the total amount of approved claims submitted by all Settlement Class Members is greater than the Net Settlement Fund after adjusting for all approved claims that would receive the Minimum Payment, the Minimum Payment shall be reduced, on a pro rata basis, to the largest amount that can be paid to each Settlement Class Member with an Approved Claim without exceeding the Net Settlement Fund, and each Settlement Class Member with an Approved Claim shall instead receive that reduced amount instead of the Minimum Payment.
To start your online claim form, you must login with your Unique ID and PIN. You can find your ID and PIN on the Notice that was sent to you. If you are unable to locate your ID & PIN, please contact the Settlement Administrator by emailing info@HSBCDirectSavingsAccountSettlement.com. Please request your ID & PIN by providing your full name and mailing address.
You may also download a Claim Form here and submit it by U.S. mail to:
Cheng v. HSBC Bank USA, N.A.
c/o Settlement Administrator
P.O. Box 25226
Santa Ana, CA 92799
The deadline to submit a Claim Form online is August 20, 2026. If you are mailing your Claim Form, it must be mailed with a postmark date no later than August 20, 2026.