The lawsuit alleges the bank deceptively marketed the older account as “high interest” and “one of the nation’s best,” while ...

Earning interest on the money in your savings account is a great way to pad your bank account. Some companies also offer more ...

Capital One agreed to a $425 million settlement, resolving the class-action claims without admitting wrongdoing.

Capital One is shelling out $425 million in a class action settlement, and if you had a Capital One 360 Savings account between September 18th, 2019, and June 16th, 2025, you may be eligible for a ...

The 360 Savings depositors said Capital One froze their rates at 0.3% while offering rates to 360 Performance Savings depositors that peaked at 4.35% early last year.

The suit also claims Capital One misled customers by claiming the 360 Savings account provided a "high interest" rate that was "one of the nation's best." From late 2019 to mid-2024, the 360 ...

First and foremost, determine which type of Capital One savings account you have. The lawsuit primarily concerns two accounts, the 360 Savings Account and the 360 Performance Savings Account.

Interest rates for 360 Performance Savings soared—at one point reaching 4.35%—as interest rates across the country rose, but Capital One held the 360 Savings rate at .3% and pocketed millions ...

Capital One is accused of even instructing its employees not to tell 360 Savings customers about the new Performance accounts unless they explicitly asked. “New York families work hard to save ...

On January 14, 2025, the federal government sued Capital One, accusing it of deceptive practices related to its “360 Savings” accounts. Consumer Financial Protection Bureau v. Capital One ...

The 360 Savings depositors said Capital One froze their rates at 0.3% while offering rates to 360 Performance Savings depositors that peaked at 4.35% early last year.