The CFPB is suing Capital One for allegedly misleading consumers about its offerings for high-interest savings accounts.

We strongly disagree with their claims and will vigorously defend ourselves in court.”Capital One stock rose 1.7% on ...

Despite its relatively low interest rate, the CFPB alleged, the 360 Savings account was advertised as a high-interest savings ...

Capital One is being sued by the US government’s consumer watchdog agency for “cheating millions of consumers” and not paying ...

The Consumer Financial Protection Bureau alleged Tuesday the bank obscured an account from customers that paid a rate 14 ...

"Capital One faces US CFPB lawsuit over $2bn in unpaid interest" was originally created and published by Retail Banker ...

The Consumer Financial Protection Bureau took aim at Capital One's promises and handling of its '360 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 ...

The CFPB claims Capital One intentionally kept news of its higher-yield savings accounts from members with lower-yield ...

Capital One Financial Corp. misled customers when it rolled out a new savings account with a higher interest rate it didn’t ...

The Consumer Financial Protection Bureau accused the bank of “cheating” customers out of more than $2 billion by misleading ...

The government’s consumer watchdog sued Capital One on Tuesday for “cheating” customers out of billions in interest payments.