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 CFPB is suing Capital One for allegedly misleading consumers about its offerings for high-interest savings accounts.
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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 ...
The Consumer Financial Protection Bureau has filed suit against Capital One for allegedly misleading customers about its high ...
"Guess I'll be eating ramen again tonight," tweets one customer on third day of issues linked to a data-center power outage.
The Consumer Financial Protection Bureau alleged Tuesday the bank obscured an account from customers that paid a rate 14 ...
The CFPB sued Capital One this week, accusing it of "cheating" customers out of interest payments.
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In response, Capital One said that it strongly disagreed with the CFPB’s allegations and plans to “vigorously defend” itself ...
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The bank said it was experiencing a “technical issue” with a third-party vendor, impacting some account services like ...
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