Capital One is under fire for offering paltry savings account rates to current customers. Here’s what you need to know.

The federal government is suing Captial One, accusing the banking giant of deceiving consumers and withholding more than $2 billion in interest payments on savings accounts.The Consumer Financial ...

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.

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

The CFPB has filed a lawsuit against Capital One, alleging it misled consumers and caused over $2 billion in lost interest payments on 360 Savings accounts.

The U.S. Consumer Financial Protection Bureau alleges that McLean, Virginia-based Capital One advertised its 360 Savings account as “high interest” from 2013 to 2019, but from December 2020 to ...

Commissions do not affect our editors' opinions or evaluations. The best high-yield savings account is Capital One 360 Performance Savings Account™, earning the top rating of 5.0 stars in our study.

Commissions do not affect our editors' opinions or evaluations. Capital One’s primary savings account, the Capital One 360 Performance Savings Account™, offers a highly competitive APY with no ...

The Consumer Financial Protection Bureau is suing Capital One for "cheating families out of billions of dollars on their savings accounts.” ...

The CFPB claims that Capital One used two similarly named products, 360 Savings and 360 Performance Savings, to create a two-tier system where existing savings account customers were purposely ...