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 Consumer Financial Protection Bureau has filed suit against Capital One for allegedly misleading customers about its high ...
A federal watchdog has sued Capital One. The watchdog has accused the major bank of fraud, thus cheating customers out of ...
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CFPB: Capital One Cheated 360 Savings Customers On InterestThe 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 ...
The CFPB is suing Capital One for allegedly misleading consumers about its offerings for high-interest savings accounts.
Despite its relatively low interest rate, the CFPB alleged, the 360 Savings account was advertised as a high-interest savings ...
The CFPB sued Capital One this week, accusing it of "cheating" customers out of interest payments.
"Capital One faces US CFPB lawsuit over $2bn in unpaid interest" was originally created and published by Retail Banker ...
Capital One has been sued by the Consumer Financial Protection Bureau for allegedly purposefully misguiding customers on its ...
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