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Capital One 360 is currently offering a savings account promotion — and it’s a big one. If you open a 360 Performance Savings account, you have the opportunity to earn up to $500 in bonus cash ...
The CFPB claims that Capital One used two similarly named products, 360 Savings and 360 Performance Savings, to create a two-tier system where existing savings account customers were purposely ...
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This page was last edited on 30 December 2020, at 23:21 (UTC).; Text is available under the Creative Commons Attribution-ShareAlike 4.0 License; additional terms may apply.
In January 2025, the Consumer Financial Protection Bureau accused Capital One of cheating savings account holders out of $2 billion, by "deceptive, abusive and illegal" practices which obscured the difference between the high-interest "360 Performance Savings" accounts vs. low-interest "360 Savings" accounts. [136]
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 ...
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