Capital One, Savings

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.
Capital One sued over deceptive savings rates
The Consumer Financial Protection Bureau alleged Tuesday the bank "obscured" an account from customers that paid a rate 14 times higher than one of its other products.
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: Capital One Cheated 360 Savings Customers On Interest
The federal government is suing Captial One, accusing the banking giant of deceiving consumers and withholding more than $2 billion in interest payments on savings accounts. The Consumer Financial Protection Bureau (CFPB) filed a lawsuit against Capital One and its parent company,
Capital One sued by US watchdog alleging bank cheated customers out of $2 billion
A U.S. watchdog is suing Capital One for allegedly misleading consumers about its offerings for high-interest savings accounts — and "cheating" customers out of more than $2 billion in lost interest payments as a result.
Consumer bureau sues Capital One for ‘cheating’ customers on savings account interest
The government’s consumer watchdog on Tuesday sued Capital One for alleging “cheating” customers out of billions in interest payments. The Consumer Financial Protection Bureau (CFPB) accused the
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.
Capital One Is Accused of Cheating Customers Out of $2 Billion
Federal regulators said in a lawsuit on Tuesday that the giant bank deliberately underpaid savings account interest, even as rates rose.
Capital One sued for 'cheating' customers out of billions in interest on savings accounts
The Consumer Financial Protection Bureau sued Capital One (COF) on Tuesday for allegedly “cheating” people out of billions of dollars in interest payments on savings accounts.
Lawsuit claims Capital One kept savings rates low while advertising 'top' and 'best' returns
The lawsuit claims that Capital One misled consumers about the interest rates on its 360 Savings accounts from 2013 to 2019.
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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 ...