Nov 1 (Reuters) - A top federal agency may pursue enforcement action against Capital One COF.N over alleged misrepresentations related to its savings accounts, the consumer lender disclosed in a ...

Capital One's 360 Performance Savings offers a competitive APY and the rare perk of in-person support at its branches. Learn more about why it's a top choice.

Capital One has agreed to pay $425 million in compensation to its customers who have held a 360 savings account since September 18, 2019, after hiding important information regarding competitive ...

When the Federal Reserve began a rapid series of rate hikes in 2022, the Capital One 360 Performance Savings account saw its APY soar to 4.3%, while the older 360 Savings accounts were frozen at ...

The settlement covers depositors with 360 Savings accounts at any time since September 18, 2019. Legal fees will be paid by the settlement. Capital One’s Price Performance & Zacks Rank ...

Capital One NA and 360 Savings account holders agreed to settle for $425 million federal litigation over the advertising of interest rates, according to a Friday court filing. Account holders accused ...

On Wednesday, Letitia James, the New York attorney general, sued Capital One on behalf of depositors in her state for failing to notify 360 Savings account customers, who faced “artificially low ...

The 360 Savings depositors said Capital One froze their rates at 0.3% while offering rates to 360 Performance Savings depositors that peaked at 4.35% early last year.

Capital One has agreed to pay $425 million to settle nationwide litigation accusing it of cheating savings account depositors out of much higher interest rates by not telling them they could move ...

According to the lawsuit, Capital One marketed its “360 Savings” account as a high-interest option with “one of the nation’s best savings rates.” However, beginning in 2019, the bank introduced a new ...

In 2019, Capital One launched a new version of the account, called 360 Performance Savings, that offered rates up to 4.35%, but didn’t tell existing customers about it.