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Capital One, savings account and CFPB
Capital One allegedly swindled savings account holders out of billions in interest income
Capital One is under fire for offering paltry savings account rates to current customers. Here’s what you need to know.
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 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 1 direct deposit issue hits thousands of customers
Capital One's technical woes worsen, with more bank accounts hit with deposit delays
"Guess I'll be eating ramen again tonight," tweets one customer on third day of issues linked to a data-center power outage.
Capital One direct deposit issue hits thousands of customers: reports
A technical glitch at Capital One bank has thousands of customers reporting problems with missing direct deposits, according to reports. More than 2,000 people had reported issues with Capital One banking as of Thursday morning,
Users report issues with deposits, payments during Capital One outage
Capital One users are reporting problems getting money from their accounts during a reported outage.
3d
on MSN
Capital One allegedly cheated customers out of $2 billion in interest, CFPB claims
The CFPB is suing Capital One for allegedly misleading consumers about its offerings for high-interest savings accounts.
1d
on MSN
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 ...
1d
on MSN
Capital One Outage Continues For Second Day As Thousands Report Deposit Issues—Here’s What To Know
The bank said it was experiencing a “technical issue” with a third-party vendor, impacting some account services like ...
3d
Capital One sued over deceptive savings rates
The Consumer Financial Protection Bureau alleged Tuesday the bank obscured an account from customers that paid a rate 14 ...
1d
on MSN
Capital One is having a tough week
The CFPB sued Capital One this week, accusing it of "cheating" customers out of interest payments.
6h
on MSN
Capital One lawsuit reveals how bank customers can get smart and get their money’s worth
A new lawsuit alleging that Capital One cheated savers out of larger yields is a wake-up call for people who want to wise up ...
23h
on MSN
Capital One outage drags into Friday afternoon, leaving some customers without deposit access
An outage affecting Capital One customers dragged into its second day Friday, further preventing some customers from ...
3d
Capital One faces US CFPB lawsuit over $2bn in unpaid interest
"Capital One faces US CFPB lawsuit over $2bn in unpaid interest" was originally created and published by Retail Banker ...
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CFPB
Consumer Financial Protection Bureau
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