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CFPB Sues Capital One Over Interest Payments. Why You Should Track Your Savings Account APY
The Consumer Financial Protection Bureau is suing Capital One for allegedly misleading customers about its high-yield savings account options and cheating them out of close to $2 billion in interest.
Capital One accused of cheating customers out of $2 billion
Capital One messed with certain saving accounts to confuse customers, costing them $2 billion, according to federal ...
The Associated Press on MSN14d
Capital One sued by watchdog that says bank cheated customers out of $2 billion
In a complaint filed Tuesday, the Consumer Financial Protection Bureau took aim at Capital One’s promises and handling of its ...
NBC News15d
CFPB sues Capital One alleging it cheated customers out of over $2 billion in interest
The agency said in a statement Capital One deceived holders of its “360 Savings” account by conflating it with its newer and higher-yield savings account option, the “360 Performance Savings ...
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” ...
Capital One sued; Cheated customers out of $2 billion, feds said
The Consumer Financial Protection Bureau has filed suit against Capital One for allegedly misleading customers about its high ...
Daily Voice Sullivan County NY on MSN15d
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 ...
CFPB Sues Capital One Over Alleged $2 Billion In Lost Interest For Consumers
Capital One Financial Corporation (NYSE:COF) is facing a lawsuit filed by the Consumer Financial Protection Bureau (CFPB), ...
NBC News15d
CFPB sues Capital One for 'cheating' customers out of over $2 billion in interest
The agency said in a statement Capital One deceived holders of its “360 Savings” account by conflating it with its newer and higher-yield savings account option, the “360 Performance Savings” account.