Class Action

TD Bank’s Debit Card Transactions

Class Action

TD Bank’s Debit Card Transactions

In December 2017, a class-action lawsuit was filed against TD Bank for allegedly misleadingly promising customers who do not opt into its Debit Card Advance program that the bank will decline transactions that will make the balance of the account fall below zero and will not charge overdraft fees for such transactions when, according to plaintiffs, such claims are not true for transactions involving ride-sharing apps, such as Uber and Lyft. The named plaintiff claims that the bank charged her an unauthorized overdraft fee when she overdrew her account paying for a one-time ride-share transaction. (According to the complaint, overdraft fees are only authorized for recurring debit card transactions.) (Lawrence et al v. TD Bank, N.A., Case No. 17-cv-1283, D.N.J.)


Class-Action Tracker

TD Bank’s Secured Credit Cards

Class Action

TD Bank’s Secured Credit Cards

Allegations: Falsely representing that customers who keep their secured credit cards in good standing for seven months can graduate to an unsecured credit card, which would let them control the…

TD Bank’s Fees at ATMs

Class Action

TD Bank’s Fees at ATMs

In May 2020, a class-action lawsuit was filed against TD Bank for allegedly failing to disclose that the bank charges customers fees for using an ATM that is not owned…

TD Bank’s Debit Card Transactions

Class Action

TD Bank’s Debit Card Transactions

January 2020: A federal judge granted final approval of a settlement agreement that would provide class members with monetary compensation. In addition, the bank agreed to forgive or reduce the…


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