A U.S. watchdog is suing Capital One for allegedly misleading consumers about its offerings for high-interest savings accounts — and "cheating" customers out of more than $2 billion in lost interest payments as a result.


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Originally Published: <time datetime="2025-01-14 16:24:48">January 14, 2025 at 4:24 PM EST</time>

A U.S. watchdog is suing Capital One for allegedly misleading consumers about its offerings for high-interest savings accounts — and “cheating” customers out of more than $2 billion in …{ai:summary}<p>A U.S. watchdog is suing Capital One, claiming the bank misled consumers regarding its high-interest savings accounts. The lawsuit alleges that customers lost over $2 billion in interest payments due to these misleading practices. #economy</p>

Ticker: Feds accuse Capital One of ‘cheating’ customers

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