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

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

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

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.

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

Capital One is probably best known for its pithy commercials featuring Jennifer Garner asking, "What's in your wallet." ...

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

CFPB says Capital One cheated account holders out of $2.0 billion in interest. The bank holding company denies its ...

On January 14, 2025, the federal government sued Capital One, accusing it of deceptive practices related to its “360 Savings” ...

The federal government is suing Captial One, accusing the banking giant of deceiving consumers and withholding more than $2 ...

Despite promoting 360 Savings as an account that provides one of nation’s highest interest rates, the CFPB alleges that ...