The Consumer Financial Protection Bureau alleged Tuesday the bank obscured an account from customers that paid a rate 14 ...
Capital One is under fire for offering paltry savings account rates to current customers. Here’s what you need to know.
CNET on MSN14d
CFPB Sues Capital One Over Interest Payments. Why You Should Track Your Savings Account APYCapital One, the ninth largest bank in the US, marketed its 360 Savings account as having one of the highest annual ...
The Washington Post on MSN14d
U.S. regulator accuses Capital One of ‘cheating’ customers on interest ratesThe Consumer Financial Protection Bureau accused the bank of “cheating” customers out of more than $2 billion by misleading ...
CBS News on MSN14d
Capital One allegedly cheated customers out of $2 billion in interest, CFPB claimsThe CFPB is suing Capital One for allegedly misleading consumers about its offerings for high-interest savings accounts.
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 also give to existing savings accounts, the Consumer Financial Protection ...
The Consumer Financial Protection Bureau sues Capital One for allegedly deceiving consumers about interest rates, costing them over $2B in lost interest.
The Associated Press on MSN14d
Capital One kept interest payments low on ‘high-interest’ savings accounts, regulators claimIn a complaint filed Tuesday, the Consumer Financial Protection Bureau took aim at Capital One’s promises and handling of its ...
However, the interest rates of the two options were substantially different, according to the CFPB. Capital One increased the ...
On January 14, 2025, the federal government sued Capital One, accusing it of deceptive practices related to its “360 Savings” ...
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