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A now-dropped lawsuit against Capital One alleged the company didn't pay interest as promised on savings account.
The attorney general accuses Capital One of creating two identical types of savings accounts called “360 Savings” and “360 Performance Savings.” In 2022 when interest rates began rising ...
A new survey from Empower finds that Americans spend nearly four hours each day thinking about money. Gen-Z leads the pack, ...
Capital One Financial, which announced the closing of its Discover Financial Services acquisition over the weekend, has agreed to pay $425 million to settle a class-action lawsuit involving the rates ...
Under the deal, Capital One will pay $300 million to a class of people who opened a 360 Savings account since Sept. 18, 2019 to cover the interest they would have earned had they instead opened a ...
Capital One reached a $425 million settlement in order to end a nationwide class-action lawsuit. Capital One allegedly deceived its savings account clients by failing to disclose more profitable ...
As interest rates rose nationwide beginning in 2022, Capital One froze its 360 Savings rate at 0.3 percent and increased its 360 Performance Savings rate to as high as 4.35 percent, leaving 360 ...
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 bank also agreed to pay the plaintiffs’ attorneys’ fees and other expenses out of the settlement, and Capital One will not admit wrongdoing in the settlement. Last week, New York’s attorney ...
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 ...
In 2022 when interest rates began rising nationwide, Capital One allegedly froze its 360 Savings rate at 0.3 percent and increased its 360 Performance rate to as high as 4.35 percent.
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