Capital One is under fire for offering paltry savings account rates to current customers. Here’s what you need to know.

A federal watchdog agency sued Capital One Financial Corp. Tuesday, alleging it cheated millions of consumers out of more than $2 billion in interest payments. The U.S. Consumer Financial ...

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 ...

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

The Consumer Financial Protection Bureau sued Capital One Financial in federal court on Tuesday, accusing the bank of “cheating” customers out of more than $2 billion by misleading them about ...

The Capital One 360 Performance Savings account offers a competitive 3.80% APY (annual percentage yield), while not charging maintenance fees or requiring a minimum account balance. The benefit of ...

Capital One’s savings account interest rates are among the best savings rates available. The 360 Performance Savings Account offers a solid combination of a high APY and low fees. Taking time to ...

The Consumer Financial Protection Bureau (CFPB) accused the banking giant of freezing interest rates for its 360 Savings account at low levels as rates rose, despite promising the nation’s ...

The regulator alleged that Capital One advertised its 360 Savings account as a “high interest” account with a variable rate that it claimed was one of the best in the country. The bank then ...

Capital One introduced the 360 Performance Savings Account in 2019, with an interest rate that eventually rose to 4.25%, according to the complaint. That was far higher than the 0.3% offered on ...

Capital One is being sued by the US government’s consumer watchdog agency for “cheating millions of consumers” and not paying more than $2 billion in interest to holders of its high-interest savings ...