The CFPB accused Capital One of marketing its "360 Savings" accounts as offering some of the nation's highest interest rates but froze those rates while competitors' rates climbed. Simultaneously ...

Like Capital One, all Bread Savings CD interest rates are highly competitive. But while Capital One 360 doesn’t have a minimum balance requirement, Bread Savings requires a $1,500 minimum ...

Despite its relatively low interest rate, the CFPB alleged, the 360 Savings account was advertised as a high-interest savings ...

Capital One's 360 Performance Savings offers a competitive APY and the rare perk of in-person support at its branches. Learn ...

After the Federal Reserve started raising interest rates in 2022, Capital One adjusted rates only for the Performance accounts, federal regulators allege. The bank kept the 360 Savings rate fixed ...

The lawsuit, filed on January 14, 2024, claims that Capital One misled consumers about the interest rates on its 360 Savings accounts from 2013 to 2019. The bank allegedly marketed these accounts ...

Capital One has 27 branches on Long Island, from Valley Stream to Mattituck. The CFPB said the bank saved more than $2 billion by not increasing the interest rate of the 360 Savings account.

On January 14, 2025, the federal government sued Capital One, accusing it of deceptive practices related to its “360 Savings” ...

Capital One lowered and froze the account's savings APY, the CFPB said. The similarly named savings accounts were identical, except for their interest rates. At one point, the 360 Performance ...