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Capital One, Savings

Hosted on MSN · 11h

CFPB Sues Capital One Over Interest Payments. Why You Should Track Your Savings Account APY

The Consumer Financial Protection Bureau is suing Capital One for allegedly misleading customers about its high-yield savings account options and cheating them out of close to $2 billion in interest.

The Express Tribune · 40m

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.

CFPB sues Capital One alleging it cheated customers out of over $2 billion in interest

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

Boise State Public Radio31m

U.S. watchdog sues Capital One, alleging bank cheated customers out of $2 billion

The CFPB claims Capital One intentionally kept news of its higher-yield savings accounts from members with lower-yield ...

Hosted on MSN19h

Capital One Sued by CFPB Over Its Savings Accounts

In 2019, the lender introduced a new savings account called 360 Performance Savings. Existing customers were kept in ...

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