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The Consumer Financial Protection Bureau (CFPB) accuses Capital One of freezing the interest rates of its flagship ... terms in the industry.” At issue is Capital One’s marketing of the ...
The issue boiled down to Capital One purportedly not informing those ... A high-yield savings account offers above-average interest rates and APY, and typically fewer fees. Online banks are ...
The settlement covers nationwide litigation brought by depositors who said they missed out on higher earnings due to the bank ...
Those accounts will yield an interest that is “at least two times” the national average rate, according to the notice. Representatives for Capital One and the account holders did not ...
In a complaint filed in Manhattan federal court, James said Capital One promised depositors one of the country’s highest interest rates on their 360 Savings accounts, yet froze their rate at ...
If you had certain Capital One savings accounts, you may be due money back after the bank agreed to pay $425 million to settle a lawsuit. Bank account holders accused the company of cheating 360 ...
Sarah Sharkey contributed to the reporting for this article. *Capital One interest rates accurate as of 4/16/2025. See website for all current rates.
Yet this doesn’t mean that Capital One is necessarily offering the best interest rate available. Typically, the rates Capital One offers in its high-yield accounts are competitive but not the ...