TD Bank Sued for Overdraft Charges for Uber, Lyft Services
TD Bank is facing a lawsuit accusing it of improperly assessing overdraft fees for debit card transactions with ride-hailing services Uber and Lyft.
December 06, 2017 at 03:36 PM
4 minute read
TD Bank is facing a lawsuit accusing it of improperly assessing overdraft fees for debit card transactions with ride-hailing services Uber and Lyft.
The suit, filed Tuesday in Camden federal court, was brought by Connecticut resident Britney Lawrence on behalf of national and Connecticut classes of TD Bank debit card holders.
According to the suit, consumers who decline TD Bank's overdraft protection for debit card transactions exceeding their account balance are advised that any such purchases will be declined, with the exception of recurring expenses such as phone and utility bills. But the bank authorized transactions by those customers using Uber or Lyft, and then charges a $35 overdraft fee.
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