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

In a statement, Capital One denied the allegations and said it transparently marketed its 360 Performance Savings account.

“The CFPB is suing Capital One for cheating families out of billions ... CFPB continue its recent pattern of filing eleventh hour lawsuits ahead of a change in administration.

Capital One had a major service outage last week that left many without access to their accounts. Now, it also faces a ...

The Consumer Financial Protection Bureau (CFPB) has filed a $2 billion lawsuit against Capital One, alleging that the bank deceived millions of consumers with their savings account offerings.

Capital One is under fire for offering paltry savings account rates to current customers. Here’s what you need to know.

According to the lawsuit, Capital One prohibited employees from proactively telling 360 Savings account holders about 360 Performance Savings. The CFPB’s lawsuit alleges: Capital One violated ...

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

The lawsuit, which Capital One said it will contest, comes as other federal agencies deliberate on whether to allow Capital One to purchase its competitor Discover Financial. It also comes as the CFPB ...

The CFPB lawsuit, filed Tuesday in the U.S. District Court for the Eastern District of Virginia, comes some two months after the $486 billion-asset Capital One (NYSE: COF) disclosed that it had ...

The banking giant added that it was "deeply disappointed to see the CFPB continue its recent pattern of filing eleventh-hour lawsuits ahead of a change in administration." Capital One also ...