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 ...

More than 2,100 customers reported issues just before 9 a.m. EST ... and the agency later alleged Capital One froze the interest rate for the bank’s “360 Savings accounts” even as deposit ...

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 ...

The lawsuit alleges that Capital One marketed its “360 Savings” accounts as “high interest” accounts with “one of the nation’s best savings rates” that would earn its customers more ...

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 ...

Capital One 360 CDs have multiple terms, all with higher-than-average interest rate annual percentage yields (APYs). Keep reading to learn more about Capital One 360 certificates of deposit to see ...

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.

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 ...