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Coverage dated January 13, 2025 to January 14, 2025

Capital One sued by US watchdog alleging bank cheated customers out of $2B

Headline from ABC 7 Los Angeles

A U.S. watchdog is suing Capital One for allegedly misleading consumers about its offerings for high-interest savings accounts.

ABC 7 Los Angeles's own description from its feed. We collect headlines and these descriptions, not full articles; read the original reporting below.

Read the reports

Reports & sources

17 articles, oldest first.

  1. WSVN Miami

    Capital One accused of ‘cheating millions of customers’ out of interest rate payments - WSVN 7News | Miami News, Weather, Sports (opens WSVN Miami)

    Published

    WSVN Miami's feed description

    New York (CNN) — Capital One is being sued by the US government’s consumer watchdog agency for “cheating millions of consumers” and not paying more than

  2. Winchester Star

    Capital One sued by US watchdog alleging bank cheated customers out of $2 billion (opens Winchester Star)

    Published

    Winchester Star's feed description

    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

  3. The Hill

    Consumer bureau sues Capital One for ‘cheating’ customers on savings account interest (opens The Hill)

    Published

    The Hill's feed description

    The government’s consumer watchdog sued Capital One on Tuesday for “cheating” customers out of billions in interest payments. The Consumer Financial Protection Bureau (CFPB) accused the banking giant of freezing interest rates for its 360 Savings account at low levels as rates rose, despite promisin…

  4. Quartz

    Capital One sued for 'cheating' customers out of billions in interest on savings accounts (opens Quartz)

    Published

    Quartz's feed description

    The CFPB accused Capital One of misleading customers about its "high interest" savings account

  5. KTVZ Bend

    Capital One accused of ‘cheating millions of customers’ out of interest rate payments (opens KTVZ Bend)

    Published

    KTVZ Bend's feed description

    By Jordan Valinsky, CNN New York (CNN) — Capital One is being sued by the US government’s consumer watchdog agency for “cheating millions of consumers” and not paying more than $2 billion in interest to holders of its high-interest savings accounts.

  6. New York Times

    Capital One Is Accused of Cheating Customers Out of $2 Billion (opens New York Times)

    Published

    New York Times's feed description

    Federal regulators said in a lawsuit on Tuesday that the giant bank deliberately underpaid savings account interest, even as rates rose.

  7. New York Post

    Capital One sued by feds for allegedly cheating customers out of billions in interest payments (opens New York Post)

    Published

    New York Post's feed description

    Capital One was sued on Tuesday by the US Consumer Financial Protection Bureau, which accused the bank of illegally cheating customers who held its flagship "high interest" savings account out of more than $2 billion in interest payments.

  8. ABC 7 Los Angeles

    Capital One sued by US watchdog alleging bank cheated customers out of $2B (opens ABC 7 Los Angeles)

    Published

    ABC 7 Los Angeles's feed description

    A U.S. watchdog is suing Capital One for allegedly misleading consumers about its offerings for high-interest savings accounts.

Identical headlines usually mean shared wire copy. They are counted as separate articles but are not independent confirmation.

Capital One sued by US watchdog alleging bank cheated customers out of $2B | Since Then