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

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

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 ...

Capital One, the ninth largest bank in the US, marketed its 360 Savings account as having one of the highest annual ...

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 sued Capital One (COF) on Tuesday for allegedly “cheating” people out of billions of ...

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

The lawsuit claims that Capital One misled consumers about the interest rates on its 360 Savings accounts from 2013 to 2019.

In response, Capital One said that it strongly disagreed with the CFPB’s allegations and plans to “vigorously defend” itself ...

The federal government is suing Captial One, accusing the banking giant of deceiving consumers and withholding more than $2 ...