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According to disclosures on the Capital One's website, 360 Savings accounts currently carry an interest rate of just under 0.50%. 360 Performance Savings accounts have an interest rate of about 3.74%.
In 2019, Capital One created a separate 360 Performance Savings account that paid significantly more interest than the 360 Savings. But Capital One obscured the new product to prevent customers ...
Despite its relatively low interest rate, the CFPB alleged, the 360 Savings account was advertised as a high-interest savings account. The bureau said Capital One aimed to keep 360 Savings users ...
The Federal Deposit Insurance Corporation tracks monthly average interest rates paid on savings and other deposit accounts, like certificates of deposit, that offer insight into the interest you ...
Earn 1.75% APY on all account balances, automate your savings with regular transfers from your Capital One 360 Checking or external checking account, and opt into Free Savings Transfer to use the ...
At issue is Capital One’s marketing of the “360 Savings” account that used words as “one of the nation’s” “top,” “best,” and “highest” to describe the interest earned from it.
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