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 is accusing the bank of illegally misleading millions of customers about its savings ...

The CFPB is suing Capital One for allegedly misleading consumers about its offerings for high-interest savings accounts.

Despite its relatively low interest rate, the CFPB alleged, the 360 Savings account was advertised as a high-interest savings ...

The Consumer Financial Protection Bureau is suing Capital One for allegedly misleading customers about its high-yield savings ...

Capital One is being sued by the US government’s consumer watchdog agency for “cheating millions of consumers” and not paying ...

The CFPB said Capital One lowered and froze its 360 Savings account’s APY to 0.30 percent from late 2019 to mid-2024, while ...

The Consumer Financial Protection Bureau accused the bank of “cheating” customers out of more than $2 billion by misleading ...

The agency accused Capital One of obscuring a new, higher-paying savings product from some legacy savings account holders.

Capital One is defending itself from the CFPB's claims that it cheated customers out of billions of dollars in interest ...

FOX Business reached out to Capital One for comment. It’s the latest blow to the financial institution, which is being sued ...

Despite promoting 360 Savings as an account with a high interest rate, the CFPB alleges the bank kept it low for years.