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.
The Consumer Financial Protection Bureau has filed suit against Capital One for allegedly misleading customers about its high ...
The CFPB is suing Capital One for allegedly misleading consumers about its offerings for high-interest savings accounts.
The CFPB sued Capital One this week for "cheating" customers out of interest payments.
Despite promoting 360 Savings as an account with a high interest rate, the CFPB alleges the bank kept it low for years.
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 ...
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