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.
The bank experienced a “technical issue” with a third-party vendor this week, impacting some account services like deposits ...
The CFPB is suing Capital One for allegedly misleading consumers about its offerings for high-interest savings accounts.
The CFPB sued Capital One this week, accusing it of "cheating" customers out of interest payments.
Despite promoting 360 Savings as an account with a high interest rate, the CFPB alleges the bank kept it low for years.
"Guess I'll be eating ramen again tonight," tweets one customer on third day of issues linked to a data-center power outage.
The Consumer Financial Protection Bureau alleged Tuesday the bank obscured an account from customers that paid a rate 14 ...
Capital One Financial Corp. misled customers when it rolled out a new savings account with a higher interest rate it didn’t ...
The Consumer Financial Protection Bureau says millions of customers lost out on $2 billion in interest payments.
1don MSN
The bank said it was experiencing a “technical issue” with a third-party vendor, impacting some account services like ...
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