Capital One is under fire for offering paltry savings account rates to current customers. Here’s what you need to know.
The Consumer Financial Protection Bureau alleged Tuesday the bank obscured an account from customers that paid a rate 14 ...
The CFPB said Capital One lowered and froze its 360 Savings account’s APY to 0.30 percent from late 2019 to mid-2024, while ...
Capital One, the ninth largest bank in the US, marketed its 360 Savings account as having one of the highest annual ...
On January 14, 2025, the federal government sued Capital One, accusing it of deceptive practices related to its “360 Savings” ...
Capital One Financial Corp. misled customers when it rolled out a new savings account with a higher interest rate it didn’t ...
The government’s consumer watchdog sued Capital One on Tuesday for “cheating” customers out of billions in interest payments.
The CFPB claims that Capital One used two similarly named products, 360 Savings and 360 Performance Savings, to create a two-tier system where existing savings account customers were purposely ...
In a complaint filed Tuesday, the Consumer Financial Protection Bureau took aim at Capital One’s promises and handling of its ...
The CFPB has filed a lawsuit against Capital One, alleging it misled consumers and caused over $2 billion in lost interest ...