However, the interest rates of the two options were substantially different, according to the CFPB. Capital One increased the ...

The Consumer Financial Protection Bureau announced Tuesday that it was suing Capital One for misleading consumers about their savings account interest rates and “cheating” them out of more ...

The U.S. Consumer Financial Protection Bureau is suing Capital One, claiming the company cheated customers out of $2 billion ...

The Consumer Financial Protection Bureau (CFPB) is suing Capital One, alleging the bank illegally misled customers by not notifying them of account options that paid higher interest rates.

"The CFPB is suing Capital One for cheating families out of billions of dollars on their savings accounts," Rohit Chopra, the agency's director, said in a statement. "Banks should not be baiting ...

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

According to the CFPB, Capital One deliberately kept existing 360 Savings customers unaware of the new, higher-yielding account to maintain a “two-tier” system, leaving millions of account ...

MCLEAN (dpa-AFX) - The Consumer Financial Protection Bureau (CFPB) has filed a lawsuit against Capital One, N.A., and its parent holding company, Capital One Financial Corp., alleging that the ...