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.
Capital One is under fire for offering paltry savings account rates to current customers. Here’s what you need to know.
The CFPB sued Capital One this week, accusing it of "cheating" customers out of interest payments.
The Consumer Financial Protection Bureau alleged Tuesday the bank obscured an account from customers that paid a rate 14 ...
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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 ...
"Guess I'll be eating ramen again tonight," tweets one customer on third day of issues linked to a data-center power outage.
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