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.
Tech issues affecting Capital 1 customers
The CFPB is suing Capital One for allegedly misleading consumers about its offerings for high-interest savings accounts.
1don MSN
The bank said it was experiencing a “technical issue” with a third-party vendor, impacting some account services like ...
The Consumer Financial Protection Bureau has filed suit against Capital One for allegedly misleading customers about its high ...
23hon MSN
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 ...
Despite its relatively low interest rate, the CFPB alleged, the 360 Savings account was advertised as a high-interest savings ...
Capital One officials are working to fix a website outage that has blocked customers from accessing their funds. The company ...
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