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 is suing Capital One for allegedly misleading customers about its high-yield savings ...

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

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

Erin Bendig has extensive experience in various areas of personal finance. She previously worked as a staff writer for Kiplinger.com, focusing primarily on savings accounts and banking. In ...

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

Capital One was sued by the Consumer Financial Protection Bureau for allegedly misleading consumers about its offerings for high-interest savings accounts. As a result, customers lost more than $2 ...

The Consumer Financial Protection Bureau (CFPB) announced today it’s suing Capital One for “cheating millions of consumers” who held its flagship 360 Savings account out of more than $2 ...

alleging the bank misled some of its customers by not paying them the rate it advertises on its main savings account. The lawsuit relates to a change Capital One made in the era of low rates ...

The Consumer Financial Protection Bureau sued Capital One (COF) on Tuesday for allegedly “cheating” people out of billions of dollars in interest payments on savings accounts. The regulator ...

The CFPB lawsuit says Capital One was "cheating families" the last two years by paying savers on a dated product an interest rate of 0.3% — even as it paid 4.35% to others in newer savings accounts.