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

Capital One (COF) , one of the largest banks in the U.S. with over 100 million customers, recently saw a boost in profits.

Despite its relatively low interest rate, the CFPB alleged, the 360 Savings account was advertised as a high-interest savings ...

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

The Consumer Financial Protection Bureau accused the bank of “cheating” customers out of more than $2 billion by misleading ...

The government’s consumer watchdog sued Capital One on Tuesday for “cheating” customers out of billions in interest payments.

Capital One is being sued by the US government’s consumer watchdog agency for “cheating millions of consumers” and not paying ...

The Consumer Financial Protection Bureau sues Capital One for allegedly deceiving consumers about interest rates, costing ...

In response, Capital One said that it strongly disagreed with the CFPB’s allegations and plans to “vigorously defend” itself ...

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

Capital One froze the interest rate on 360 Savings accounts at 0.3% — lower than rates for money market and regular savings ...

The lawsuit claims that Capital One misled consumers about the interest rates on its 360 Savings accounts from 2013 to 2019.