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Capital One sued for 'cheating' customers out of billions in interest on savings accountsThe Consumer Financial Protection Bureau sued Capital One (COF) on Tuesday for allegedly “cheating” people out of billions of dollars in interest payments on savings accounts. The regulator ...
They have no fiduciary duty in many cases and can profit from customers’ confusion. But where’s the line between unsavory and ...
The best high-yield savings account is Capital One 360 Performance Savings Account ... fee or require a minimum balance to earn interest. This account also offers the ability to bank in ...
Capital One was sued by the Consumer Financial Protection Bureau for allegedly misleading consumers about its offerings for high-interest savings accounts. As a result, customers lost more than $2 ...
Despite its relatively low interest rate, the CFPB alleged, the 360 Savings account was advertised as a high-interest savings ...
A U.S. watchdog is suing Capital One for allegedly misleading consumers about its offerings for high-interest savings accounts — and “cheating” customers out of more than $2 billion in lost ...
Capital One's 360 Performance Savings account currently offers 3.80% APY, on par with competitors' interest-earning savings accounts. Ally Bank currently offers 3.80% APY, Marcus by Goldman Sachs ...
On January 14, 2025, the federal government sued Capital One, accusing it of deceptive practices related to its “360 Savings” ...
A U.S. watchdog is suing Capital One for allegedly misleading consumers about its offerings for high-interest savings ...
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