Capital One is under fire for offering paltry savings account rates to current customers. Here’s what you need to know.
The federal government is suing Captial One, accusing the banking giant of deceiving consumers and withholding more than $2 billion in interest payments on savings accounts. The Consumer Financial ...
In response, Capital One said that it strongly disagreed with the CFPB’s allegations and plans to “vigorously defend” itself ...
The Consumer Financial Protection Bureau alleged Tuesday the bank obscured an account from customers that paid a rate 14 ...
Capital One Financial Corp. misled customers when it rolled out a new savings account with a higher interest rate it didn’t ...
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 ...
The government’s consumer watchdog sued Capital One on Tuesday for “cheating” customers out of billions in interest payments.
The lawsuit claims that Capital One misled consumers about the interest rates on its 360 Savings accounts from 2013 to 2019.
Commissions do not affect our editors' opinions or evaluations. The best high-yield savings account is Capital One 360 Performance Savings Account™, earning the top rating of 5.0 stars in our study.
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 ...