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 is under fire for offering paltry savings account rates to current customers. Here’s what you need to know.
Capital One messed with certain saving accounts to confuse customers, costing them $2 billion, according to federal ...
Federal regulators said in a lawsuit on Tuesday that the giant bank deliberately underpaid savings account interest, even as ...
"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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