Consumer

Cheng v. HSBC Bank USA, N.A. Direct Savings Account Interest Settlement

HSBC Bank USA, N.A.

Total fund

$495,000

Estimated payout

Account credit (current customers) or electronic payment/check (former customers) for unpaid Direct Savings Account interest.

Deadline

Aug 20, 2026

Administrator

Simpluris

Proof required

Who may qualify

Opened an HSBC Direct Savings Account and initiated ACH transfers via HSBC's web portal.

CONFIRMED via direct browse 2026-08-14 — claim deadline genuinely still open (8/20/2026); the earlier flag conflated it with an unrelated opt-out date.

How to claim

This claim is publicly available and free to file yourself directly with the settlement administrator. Read the official eligibility rules and deadline before filing - they are the source of truth. PendingMoney can find, fill, and track it for you, but you can always do it on your own.

View official requirements on hsbcdirectsavingsaccountsettlement.com

Not sure if this one - or others - may be waiting in your name? Run a free 2-minute check.

Find My Pending Money

Eligibility and payouts are not guaranteed and are decided by the settlement administrator, not PendingMoney. PendingMoney is not a law firm and does not provide legal advice. Available to U.S. residents only.

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