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 ...

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.

Capital One Financial was sued Wednesday by New York Attorney General Letitia James for allegedly misleading savings-account customers and hiding higher interest rates from them. In filing the lawsuit ...

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 ...

As interest rates began to rise in 2022, Capital One froze its 360 Savings rate at 0.3%, which was below the average interest rate, James claimed.

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 ...

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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.

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 ...