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

Capital One's five-day interruption, President Trump's planned dismantling of the Consumer Financial Protection Bureau and more this month.

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 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 is accusing the bank of illegally misleading millions of customers about its savings ...

“The CFPB is suing Capital One for cheating families out of billions of dollars on their savings accounts,” said CFPB Director Rohit Chopra in a release. “Banks should not be baiting people ...

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 Consumer Financial Protection Bureau (CFPB) announced today it’s suing Capital One for “cheating millions of consumers” who held its flagship 360 Savings account out of more than $2 ...

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