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 ...
In response, Capital One said that it strongly disagreed with the CFPB’s allegations and plans to “vigorously defend” itself ...
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.
The lawsuit claims that Capital One misled consumers about the interest rates on its 360 Savings accounts from 2013 to 2019.
The Capital One 360 Performance Savings account offers a competitive 3.80% APY (annual percentage yield), while not charging maintenance fees or requiring a minimum account balance. The ...
"Capital One faces US CFPB lawsuit over $2bn in unpaid interest" was originally created and published by Retail Banker ...