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Capital One, CFPB

Hosted on MSN · 4d

Capital One allegedly cheated customers out of $2 billion, CFPB says

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

The New York Times · 4d

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.

Investopedia on MSN · 4d

What's In Your Wallet? Suit Alleges It May Be Less Than Capital One Suggested

If you had a savings account at Capital One between 2019 and mid-2024, you may have been misled into accepting a lower return on your deposits than the marketing suggested, according to a lawsuit filed Tuesday by the government's consumer watchdog agency.

3dOpinion

Capital One High-Yield Account Wasn’t

Matt Levine is a Bloomberg Opinion columnist. A former investment banker at Goldman Sachs, he was a mergers and acquisitions ...

Lawyer Monthly4d

Capital One Accused of Defrauding Customers of $2B in Interest

Capital One faces a lawsuit for deceiving consumers on savings account rates, causing $2B in potential losses.

1don MSN

Capital One lawsuit reveals how bank customers can get smart and get their money’s worth

A new lawsuit alleging that Capital One cheated savers out of larger yields is a wake-up call for people who want to wise up ...

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