Capital One sued by CFPB over its high-yield savings accounts
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 it increased the new 360 Performance Savings account’s APY from 0.40 percent to 4.25 percent between April 2022 and January 2024.
Capital One Accused of Misleading Customers on Savings Rates
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 Bureau said Tuesday in a lawsuit against the bank.
The CFPB is suing Capital One for allegedly misleading consumers about its offerings for high-interest savings accounts.
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An outage affecting Capital One customers dragged into its second day Friday, further preventing some customers from ...
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The bank said it was experiencing a “technical issue” with a third-party vendor, impacting some account services like ...
The Consumer Financial Protection Bureau has filed suit against Capital One for allegedly misleading customers about its high ...
The CFPB sued Capital One this week, accusing it of "cheating" customers out of interest payments.
A new lawsuit alleging that Capital One cheated savers out of larger yields is a wake-up call for people who want to wise up ...
"Capital One faces US CFPB lawsuit over $2bn in unpaid interest" was originally created and published by Retail Banker ...
Capital One has been sued by the Consumer Financial Protection Bureau for allegedly purposefully misguiding customers on its ...
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