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

US-based bank Capital One is facing legal proceedings from the US Consumer Financial Protection Bureau (CFPB) for ‘cheating’ consumers of more than $2bn in interest payments on savings accounts. The ...

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

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

The Consumer Financial Protection Bureau says millions of customers lost out on $2 billion in interest payments.

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

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

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

Capital One messed with certain saving accounts to confuse customers, costing them $2 billion, according to federal investigators.

The banking giant added that it was “deeply disappointed to see the CFPB continue its recent pattern of filing eleventh-hour ...

The Consumer Financial Protection Bureau has filed suit against Capital One for allegedly misleading customers about its high ...

Capital One Financial Corporation (NYSE:COF) is facing a lawsuit filed by the Consumer Financial Protection Bureau (CFPB), which accuses the bank of cheating millions of consumers out of more than $2 ...