The CFPB is suing Capital One for allegedly misleading consumers about its offerings for high-interest savings accounts.

Despite promoting 360 Savings as an account with a high interest rate, the CFPB alleges the bank kept it low for years.

The U.S. Consumer Financial Protection Bureau is suing Capital One, claiming the company cheated customers out of $2 billion ...

Capital One (COF) , one of the largest banks in the U.S. with over 100 million customers, recently saw a boost in profits.

Despite its relatively low interest rate, the CFPB alleged, the 360 Savings account was advertised as a high-interest savings ...

The government’s consumer watchdog sued Capital One on Tuesday for “cheating” customers out of billions in interest payments.

The Consumer Financial Protection Bureau alleged Tuesday the bank obscured an account from customers that paid a rate 14 ...

Capital One froze the interest rate on 360 Savings accounts at 0.3% — lower than rates for money market and regular savings ...

The federal government is suing Captial One, accusing the banking giant of deceiving consumers and withholding more than $2 ...

The agency accused Capital One of obscuring a new, higher-paying savings product from some legacy savings account holders.

The U.S. government’s consumer watchdog agency is suing Capital One, accusing it of cheating millions of consumers. The ...