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The CFPB stated that Capital One “schemed to keep ’360 Savings’ accountholders in their lower-yielding accounts by obscuring ‘360 Performance Savings’’ existence as a distinct product ...
Capital One increased the 360 Performance Savings interest rate from 0.4% in April 2022 to 4.35% in January 2024, while it lowered and then froze the 360 Savings rate at 0.3% between late 2019 and ...
Between late 2019 and mid-2024, Capital One kept the interest rate on its 360 Savings account at just 0.30%, even as market rates soared. Simultaneously, Capital One introduced the “360 ...
The CFPB alleges that Capital One kept interest rates low on 360 Savings accounts while offering significantly higher rates on the newer 360 Performance Savings accounts without adequately ...
For those looking to grow their savings, Capital One 360 Performance Savings offers a competitive 3.80% APY with no minimum balance requirement. This high-yield savings account has a $0 monthly ...
Savings interest rates today: Fatten your bank balance with today's highest APYs — June 4, 2024. ... Compounding and crediting disclosure for Capital One 360 Performance Savings (Capital One)
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