Capital 1 Accused of Misleading Customers on Savings Rates

CFPB Sues Capital One Over Interest Payments. Why You Should Track Your Savings Account APY
The Consumer Financial Protection Bureau is suing Capital One for allegedly misleading customers about its high-yield savings account options and cheating them out of close to $2 billion in interest.
U.S. Accuses Capital One Of ‘Cheating’ Savings Account Holders Out Of $2 Billion In Interests
The bank misled its customers after promising a new savings account with a higher interest rate not already provided to existing accounts, regulators said.
Capital One Accused of Misleading Customers on Savings Rates
Capital One Financial Corp. misled customers when it rolled out a new savings account with a higher interest rate it didn’t also give to existing savings accounts, the Consumer Financial Protection Bureau said Tuesday in a lawsuit against the bank.
Capital One Kept $2B In Savings Account Interest From Banking Customers, Cfpb Suit Says
The federal government is suing Captial One, accusing the banking giant of deceiving consumers and withholding more than $2 billion in interest payments on savings accounts.The Consumer Financial Protection Bureau (CFPB) filed a
Capital One sued over deceptive savings rates
The Consumer Financial Protection Bureau alleged Tuesday the bank obscured an account from customers that paid a rate 14 times higher than one of its other products.
Capital One cheated customers out of $2 billion by keeping deposits in lower-yield accounts, CFPB says
The Consumer Financial Protection Bureau is suing Capital One, which it says kept customers in the dark about higher-yielding savings accounts.
Capital One Sued by CFPB Over Its Savings Accounts
The Consumer Financial Protection Bureau alleged the bank misled some of its customers by not paying them the rate it advertises on its main savings account.
French central bank recommends cut in popular savings account interest rate
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This savings account still promises 10% — plus 9 more of the highest APYs of January 2025
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Highest Savings Account Interest Rates -- Here's How You Could Earn $1,000 This Year
The Federal Reserve has begun decreasing rates, but there are still competitive APYs to be had. Check out these accounts to find the best place for your cash.
Want to Earn the Highest Savings Rate? This Money Market Account Is Now the National Leader
Since summer 2023, you could earn more with a high-yield savings account than the best money market account. But that changed ...
Add this $6,000 bonus to your account — plus 9 more of the biggest sign-up bonuses of January 2025
If you don’t qualify for the very best offers, and most will not, we’ve also included the 5 most accessible sign-up bonuses ...
What should you know about high-yield savings accounts before you open one?
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Maximizing savings account interest for Indian savers
Indian banks use different methods to calculate interest on savings accounts, which can impact how much you earn. Most banks ...