The Consumer Financial Protection Bureau (CFPB) is suing Capital One, alleging the bank illegally misled customers by not notifying them of account options that paid higher interest rates.The federal government's consumer watchdog claims Capital One's practices meant millions of customers missed out on a collective $2 billion they could have made in interest payments.

On January 14, 2025, the federal government sued Capital One, accusing it of deceptive practices related to its “360 Savings” accounts.

The Consumer Financial Protection Bureau has filed suit against Capital One for allegedly misleading customers about its high-interest savings accounts.

Capital One is under fire for offering paltry savings account rates to current customers. Here’s what you need to know.

"Guess I'll be eating ramen again tonight," tweets one customer on third day of issues linked to a data-center power outage.

The CFPB sued Capital One this week, accusing it of "cheating" customers out of interest payments.

A power outage and hardware failure at fintech FIS last week delayed deposits and payments at 27 banks, including Capital One.

Capital One had a major service outage last week that left many without access to their accounts. Now, it also faces a lawsuit from CFPB.

Frustrated Capital One customers flooded social media Thursday morning with complaints about account access issues.

Capital One officials are working to fix a website outage that has blocked customers from accessing their funds.

FOX Business reached out to Capital One for comment. It’s the latest blow to the financial institution, which is being sued by the Consumer Financial Protection Bureau (CFPB) for allegedly misleading customers by not notifying them of account options that paid higher interest rates.

Here’s how the central bank’s interest rate stance influences car loans, credit cards, mortgages, savings and student loans.