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 1 acknowledges 'outage'
Capital One is under fire for offering paltry savings account rates to current customers. Here’s what you need to know.
"Guess I'll be eating ramen again tonight," tweets one customer on third day of issues linked to a data-center power outage.
The CFPB sued Capital One this week, accusing it of "cheating" customers out of interest payments.
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CFPB Sues Capital One Over Interest Payments. Why You Should Track Your Savings Account APYThe Consumer Financial Protection Bureau is suing Capital One for allegedly misleading customers about its high-yield savings ...
Capital One Financial Corp. misled customers when it rolled out a new savings account with a higher interest rate it didn’t ...
A new lawsuit alleging that Capital One cheated savers out of larger yields is a wake-up call for people who want to wise up ...
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