CBS News on MSN14d
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.
The Washington Post on MSN14d
U.S. regulator accuses Capital One of ‘cheating’ customers on interest rates
The Consumer Financial Protection Bureau accused the bank of “cheating” customers out of more than $2 billion by misleading ...
Capital One Accused of Misleading Customers on Savings Rates
Capital One Financial Corp. misled customers when it rolled out a new savings account with a higher interest rate it didn’t also give to existing savings accounts, the Consumer Financial Protection ...
CNET on MSN14d
CFPB Sues Capital One Over Interest Payments. Why You Should Track Your Savings Account APY
Capital One, the ninth largest bank in the US, marketed its 360 Savings account as having one of the highest annual ...
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 ...
Consumer bureau sues Capital One for ‘cheating’ customers on savings account interest
The government’s consumer watchdog sued Capital One on Tuesday for “cheating” customers out of billions in interest payments.
Capital One sued by CFPB over alleged deception on savings account interest rates
The Consumer Financial Protection Bureau sued Capital One Financial (NYSE:COF) and its operating bank unit, Capital One, N.A.
JD Supra4d
Capital One Faces Lawsuit Over Savings Account Practices
On January 14, 2025, the federal government sued Capital One, accusing it of deceptive practices related to its “360 Savings” ...
NBC News14d
CFPB sues Capital One alleging it cheated customers out of over $2 billion in interest
However, the interest rates of the two options were substantially different, according to the CFPB. Capital One increased the ...
Capital One allegedly swindled savings account holders out of billions in interest income
Capital One is under fire for offering paltry savings account rates to current customers. Here’s what you need to know.
The Associated Press on MSN14d
Capital One kept interest payments low on ‘high-interest’ savings accounts, regulators claim
In a complaint filed Tuesday, the Consumer Financial Protection Bureau took aim at Capital One’s promises and handling of its ...
Daily Voice Sullivan County NY on MSN14d
Capital One Kept $2B In Savings Account Interest From Banking Customers, Cfpb Suit Says
The 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 ...