Despite promoting 360 Savings as an account that provides one of nation’s ... In response, Capital One said that it strongly ...

Commissions do not affect our editors' opinions or evaluations. The best high-yield savings account is Capital One 360 Performance Savings Account™, earning the top rating of 5.0 stars in our study.

"Capital One did not specifically notify 360 Savings account holders about the ... it strongly disagreed with the CFPB's allegations and plans to "vigorously defend" itself in court.

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

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 CFPB claims that Capital One used two similarly named products, 360 Savings and 360 Performance Savings, to create a two-tier system where existing savings account customers were purposely ...

Capital One lowered and froze interest rates on its popular "360 Savings" account while raising interest rates on the similarly-named "360 Performance Savings" account, the Consumer Financial ...

The U.S. Consumer Financial Protection Bureau alleges that McLean, Virginia-based Capital One advertised its 360 Savings account as “high interest” from 2013 to 2019, but from December 2020 to ...

Despite promoting 360 Savings as an account that provides one ... Capital One said that it strongly disagreed with the CFPB's allegations and plans to "vigorously defend" itself in court.