Capital One allegedly cheated customers out of $2 billion in interest, CFPB claims
The CFPB is suing Capital One for allegedly misleading consumers about its offerings for high-interest savings accounts.
Capital One sued by US watchdog alleging bank cheated customers out of $2 billion
A U.S. watchdog is suing Capital One for allegedly misleading consumers about its offerings for high-interest savings accounts — and “cheating” customers out of more than $2 billion in lost interest payments as a result.
Capital One accused of ‘cheating millions of customers’ out of interest rate payments
Capital One is being sued by the US government’s consumer watchdog agency for “cheating millions of consumers” and not paying more than $2 billion in interest to holders of its high-interest savings accounts.
Capital One Is Accused of Cheating Customers Out of $2 Billion
Federal regulators said in a lawsuit on Tuesday that the giant bank deliberately underpaid savings account interest, even as rates rose.
Feds accuse Capital One of withholding billions in interest from customers
Capital One froze the interest rate on 360 Savings accounts at 0.3% — lower than rates for money market and regular savings accounts.
Capital One Accused of Misleading Customers on Savings Rates
Capital One Financial Corp. misled customers when it rolled out a new savings account with a higher interest rate it didn’t also give to existing savings accounts, the Consumer Financial Protection Bureau said Tuesday in a lawsuit against the bank.
Capital One Sued By CFPB For Allegedly Cheating Customers Out Of Billions In Interest Payments
The Consumer Financial Protection Bureau (CFPB) has filed a lawsuit against Capital One, N.A., and its parent holding company,
Consumer bureau sues Capital One for ‘cheating’ customers on savings account interest
The government’s consumer watchdog on Tuesday sued Capital One for alleging “cheating” customers out of billions in interest payments. The Consumer Financial Protection Bureau (CFPB) accused the
Regulators accuse Capital One of ‘cheating’ customers on interest rates
The Consumer Financial Protection Bureau accused the bank of “cheating” customers out of more than $2 billion by misleading them about interest rates.
CFPB sues Capital One for 'cheating' customers out of over $2 billion in interest
The Consumer Financial Protection Bureau announced Tuesday that it was suing Capital One for misleading consumers about their savings account interest rates and “cheating” them out of more than $2 billion in interest.
Capital One sued over deceptive savings rates
The Consumer Financial Protection Bureau alleged Tuesday the bank "obscured" an account from customers that paid a rate 14 ...
CNET on MSN3h
CFPB Sues Capital One Over Interest Payments. Why You Should Track Your Savings Account APY
Capital One, the ninth largest bank in the US, marketed its 360 Savings account as having one of the highest annual ...
Capital One sued by US CFPB for avoiding billions in interest payments
Capital One was sued on Tuesday by the U.S. Consumer Financial Protection Bureau, which accused the bank of illegally ...
Lawsuit claims Capital One kept savings rates low while advertising 'top' and 'best' returns
The lawsuit claims that Capital One misled consumers about the interest rates on its 360 Savings accounts from 2013 to 2019.