The Consumer Financial Protection Bureau (CFPB) accuses Capital One of freezing the interest rates of its flagship “360 Savings” accounts at low levels despite rates rising nationwide and said ...
In July, for example, the CFPB alleges, the Performance Savings rate was more than 14 times that of the original 360 Savings accounts. But Capital One kept existing customers in the original ...
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.