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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 ...
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 interest.
Capital One Shopping is a browser plugin, website and mobile app that offers e-commerce comparison shopping and cash back at online retailers (more than 30,000) that participate in its programs. It is operated by Wikibuy, LLC of Plano, Texas , [ 1 ] and is primarily aimed at consumers in the United States.
Per CFBP, Capital One marketed its 360 Savings as a “high-interest” account with one of the nation’s best rates, only to mislead customers by freezing the rate at 0.30%.
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Nina Kollars of the Naval War College explains an Internet fraud scheme that she stumbled upon while shopping on eBay.. Internet fraud is a type of cybercrime fraud or deception which makes use of the Internet and could involve hiding of information or providing incorrect information for the purpose of tricking victims out of money, property, and inheritance.
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.
A cashback app is a mobile application that offers users a percentage of cashback or rewards for making purchases through the app. These apps provide users with savings on various transactions, including online shopping, bill payments, groceries, and services like insurance.