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Total settlement: $60 million. Deadline to file claim: May 18, 2023. Requirements: Must have been an unlimited data customer between Oct. 1, 2011 and June 30, 2015.
Simultaneously, Capital One introduced the “360 Performance Savings” account, which paid a substantially higher rate—at one point, more than 14 times the rate of 360 Savings. Don't Miss:
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.
In March 2024, a settlement in the injunctive relief portion of the payment card interchange fee case was announced to reduce what are known as "swipe fees" for merchants in the U.S. This change, set to last five years, was expected to save retailers about $30 billion and mark the end of a long-standing legal battle over antitrust issues ...
Despite the drama-filled week, Capital One's stock has managed to climb. Shares rose by 2% on Friday, bringing their weekly surge to almost 10%. The stock was trading at about $192 a share on ...
What issues are Capital One customers having? Users began reporting issues Thursday. Just after 9 a.m. Friday, nearly 4,000 customers had reported issues over the past 24 hours, according to Down ...
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 ...
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 ...