Capital One allegedly swindled savings account holders out of billions in interest income
Capital One is under fire for offering paltry savings account rates to current customers. Here’s what you need to know.
Daily Voice Sullivan County NY on MSN15d
Capital One Kept $2B In Savings Account Interest From Banking Customers, Cfpb Suit Says
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 ...
NBC News15d
CFPB sues Capital One alleging it cheated customers out of over $2 billion in interest
The agency said in a statement Capital One deceived holders of its “360 Savings” account by conflating it with its newer and ...
JD Supra5d
Capital One Faces Lawsuit Over Savings Account Practices
On January 14, 2025, the federal government sued Capital One, accusing it of deceptive practices related to its “360 Savings” ...
SouthFlorida Reporter14d
Capital One Sued For ‘Cheating’ Customers Out Of Billions In Interest On Savings Accounts
The Consumer Financial Protection Bureau sued Capital One ( COF +1.89%) on Tuesday for allegedly “cheating” people out of ...
The Associated Press on MSN15d
Capital One sued by US watchdog alleging bank cheated customers out of $2 billion
In a complaint filed Tuesday, the Consumer Financial Protection Bureau took aim at Capital One’s promises and handling of its “360 Savings” accounts. Despite promoting 360 Savings as an account that ...
Capitol One sued by U.S. for allegedly 'cheating' customers out of billions in interest payments
The U.S. Consumer Financial Protection Bureau announced Tuesday a lawsuit alleging Capital One scammed billions of dollars ...
The Express Tribune14d
Capital One sued for misleading savings accounts, alleges $2 billion loss
The CFPB has filed a lawsuit against Capital One, alleging it misled consumers and caused over $2 billion in lost interest payments on 360 Savings accounts.
New inflation report gives most stocks a boost; Capital One sued by watchdog over savings accounts
Most U.S. stocks rose Jan. 14 following an encouraging update on inflation, but drops for pharmaceutical giant Eli Lilly and some other market heavyweights kept indexes in check. The S&P 500 edged up ...
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Capital One 360 Performance Savings – Is It Worth It?
When you open the Capital One 360 Performance Savings you’ll earn 4.00% APY and you’ll be eligible to earn a generous wecome bonus. The account has no fees or minimum balance requirements.
Crain's Chicago Business15d
Capital One accused of misleading customers on savings rates
The Consumer Financial Protection Bureau is suing Capital One for "cheating families out of billions of dollars on their savings accounts.” ...