Despite its relatively low interest rate, the CFPB alleged, the 360 Savings account was advertised as a high-interest savings ...

The Consumer Financial Protection Bureau alleged Tuesday the bank obscured an account from customers that paid a rate 14 ...

Capital One, the ninth largest bank in the US, marketed its 360 Savings account as having one of the highest annual ...

The government’s consumer watchdog sued Capital One on Tuesday for “cheating” customers out of billions in interest payments.

Capital One Financial Corp. misled customers when it rolled out a new savings account with a higher interest rate it didn’t ...

The Consumer Financial Protection Bureau accused the bank of “cheating” customers out of more than $2 billion by misleading ...

Capital One is being sued by the US government’s consumer watchdog agency for “cheating millions of consumers” and not paying ...

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 sues Capital One for allegedly deceiving consumers about interest rates, costing ...

The CFPB is suing Capital One for allegedly misleading consumers about its offerings for high-interest savings accounts.

The lawsuit claims that Capital One misled consumers about the interest rates on its 360 Savings accounts from 2013 to 2019.