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.

In a complaint filed Tuesday, the Consumer Financial Protection Bureau took aim at Capital One’s promises and handling of its ...

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

The agency said in a statement Capital One deceived holders of its “360 Savings” account by conflating it with its newer and higher-yield savings account option, the “360 Performance Savings ...

The Consumer Financial Protection Bureau has filed suit against Capital One for allegedly misleading customers about its high ...

The federal government is suing Captial One, accusing the banking giant of deceiving consumers and withholding more than $2 ...

Capital One’s primary savings account, the Capital One 360 Performance Savings Account™, offers a highly competitive APY with no minimum deposit requirement and no monthly or maintenance fees.

Capital One’s regular savings account, 360 Performance Savings, is a high-yield savings account that currently earns 3.80% APY on any balance. The account has no monthly fees and no minimums.

Capital One Financial Corporation (NYSE:COF) is facing a lawsuit filed by the Consumer Financial Protection Bureau (CFPB), ...

The Capital One 360 Performance Savings account offers a competitive 3.80% APY (annual percentage yield), while not charging maintenance fees or requiring a minimum account balance. The benefit of ...