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ALEXANDRIA, Va., July 31, 2025 /PRNewswire/ -- A class action settlement has been proposed that, if approved by the Court, would resolve the lawsuit titled In re: Capital One 360 Savings Account ...
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If you’ve had a Capital One 360 Savings account since September 2019, you may be eligible for a payment.
Here's what we know about the settlement, and whether you may be eligible for cash back in New Jersey. Capital One lawsuit details Capital One first launched its 360 Savings Account in February ...
Who Is Eligible for a Payout? The settlement covers customers who held a Capital One 360 Savings account since September 18, 2019, when the bank launched its 360 Performance Savings product.
In accordance with the settlement, Capital One will reimburse $300 million to 360 Savings depositors for interest that they could have been entitled to on 360 Performance Savings accounts.
Capital One pays $425 million in savings account lawsuit The lawsuit claims that Capital One promoted competitive interest rates for its 360 Savings accounts.
COF agrees to pay a fine to settle a lawsuit accusing the company of deceiving savings account depositors.
Under the settlement, Capital One will pay $300 million to 360 Savings account holders to cover missed interest they could have earned in 360 Performance Savings accounts.
Settlement class members who continued to maintain 360 Savings accounts will receive $125 million, the document says. According to the lawsuit, plaintiffs said that 360 Savings accounts were capped at ...
Capital One froze its 360 Savings rate at 0.3% at that time, but increased its 360 Performance Savings rate to as high as 4.35%, plaintiffs have noted. That has spurred legal action from regulators, ...