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Capital 1 cheated customers out of billions, says lawsuit
Capital One accused of ‘cheating millions of customers’ out of interest rate payments
Capital One is being sued by the US government’s consumer watchdog agency for “cheating millions of consumers” and not paying more than $2 billion in interest to holders of its high-interest savings accounts.
Capital One allegedly cheated customers out of $2 billion in interest, CFPB claims
The CFPB is suing Capital One for allegedly misleading consumers about its offerings for high-interest 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.
1d
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 ...
Forbes
13d
Capital One Savings Account Interest Rates Of January 2025
Capital
One
’s
savings
account
interest
rates
are among the best
savings
rates
available. The
360
Performance
Savings
Account offers a solid combination of a high APY and low fees.
Courthouse News Service
1d
Feds accuse Capital One of withholding billions in interest from customers
Capital One froze the interest rate on 360 Savings accounts at 0.3% — lower than rates for money market and regular savings ...
13h
Capital One faces US CFPB lawsuit over $2bn in unpaid interest
"Capital One faces US CFPB lawsuit over $2bn in unpaid interest" was originally created and published by Retail Banker ...
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Consumer Financial Protection Bureau
CFPB
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