Public case information

Capital One 360 Savings Account Settlement

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Capital One · Capital One 360 Savings accounts · Settlement Reached

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About this case

A class action alleged that Capital One used deception to discourage customers from switching from 360 Savings accounts, affecting certain account holders. The settlement was approved on April 20 and provides for $425 million in payments.

Case overview

Defendant company
Capital One
Product or service
Capital One 360 Savings accounts
Case status
Settlement Reached
Lawsuit type
Consumer
Reported harm
Misrepresentation

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Sources

Public reporting associated with this case.