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

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 it increased the new 360 Performance Savings account’s APY from 0.40 percent ...

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

Capital One Financial Corporation (NYSE:COF) is facing a lawsuit filed by the Consumer Financial Protection Bureau (CFPB), ...

The CFPB sued Capital One this week, accusing it of "cheating" customers out of interest payments.

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

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 ...

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

The Consumer Financial Protection Bureau alleged the bank misled some of its customers by not paying them the rate it ...

But instead, the CFPB alleges, Capital One froze its rate at a low level for at least several years, even as rates rose nationally. At the same time, the CFPB adds, the bank created "360 Performance ...

The bank didn't give some existing customers the higher rates it was offering new customers, the agency alleged. The bank said it would fight the suit, which comes just days before the Trump ...