Capital One is under fire for offering paltry savings account rates to current customers. Here’s what you need to know.
On January 14, 2025, the federal government sued Capital One, accusing it of deceptive practices related to its “360 Savings” ...
The CFPB claims that Capital One used two similarly named products, 360 Savings and 360 Performance Savings, to create a two-tier system where existing savings account customers were purposely ...
Commissions do not affect our editors' opinions or evaluations. The best high-yield savings account is Capital One 360 Performance Savings Account™, earning the top rating of 5.0 stars in our study.
The U.S. Consumer Financial Protection Bureau alleges that McLean, Virginia-based Capital One advertised its 360 Savings account as “high interest” from 2013 to 2019, but from December 2020 to ...
The federal government is suing Captial One, accusing the banking giant of deceiving consumers and withholding more than $2 ...
The CFPB has filed a lawsuit against Capital One, alleging it misled consumers and caused over $2 billion in lost interest payments on 360 Savings accounts.