The issue boiled down to Capital One purportedly not informing those ... A high-yield savings account offers above-average interest rates and APY, and typically fewer fees. Online banks are ...

The Consumer Financial Protection Bureau (CFPB) accuses Capital One of freezing the interest rates of its flagship ... terms ...

More than 2,100 customers reported issues just before 9 a.m. EST ... and the agency later alleged Capital One froze the interest rate for the bank’s “360 Savings accounts” even as deposit ...

The settlement covers nationwide litigation brought by depositors who said they missed out on higher earnings due to the bank ...

According to Downdetector, Capital One customers reported issues with deposits and account ... for allegedly misleading customers about high-interest savings accounts. The Consumer Financial ...

Sarah Sharkey contributed to the reporting for this article. *Capital One interest rates accurate as of 4/16/2025. See website for all current rates.

Yet this doesn’t mean that Capital One is necessarily offering the best interest rate available. Typically, the rates Capital One offers in its high-yield accounts are competitive but not the ...