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Between late 2019 and mid-2024, Capital One kept the interest rate on its 360 Savings account at just 0.30%, even as market rates soared. Simultaneously, Capital One introduced the “360 ...
Savings interest rates today: Get in front of the Fed's next move at up to 4.75% APY right now — Jan. 28, 2025 Kelly Suzan Waggoner Updated January 28, 2025 at 8:14 AM
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 ...
At the conclusion of its eighth and final rate-setting policy meeting of the year on December 18, 2024, the Federal Reserve announced it was lowering the federal funds target interest rate by 25 ...
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.
At the conclusion of its eighth and final rate-setting policy meeting of the year on December 18, 2024, the Federal Reserve announced it was lowering the federal funds target interest rate by 25 ...
The CFPB alleges that Capital One kept interest rates low on 360 Savings accounts while offering significantly higher rates on the newer 360 Performance Savings accounts without adequately ...
These digital accounts and online-only banks may not be familiar as American Express, Capital One or Discover, though each partners with an FDIC-insured bank to offer deposit accounts that are ...