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.
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 ...
Capital One kept interest payments low on ‘high-interest’ savings accounts, regulators claim
In response, Capital One said that it strongly disagreed with the CFPB’s allegations and plans to “vigorously defend” itself ...
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Capital One Sued by CFPB Over Its Savings Accounts
In 2019, the lender introduced a new savings account called 360 Performance Savings. Existing customers were kept in ...
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.