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Settlement Reached
Settlement Reached

Capital One Savings Account Settlement

Capital One · Savings accounts

Customers alleged that Capital One paid higher interest rates on its 360 Performance Savings Accounts than on its otherwise similar 360 Savings Accounts without adequately disclosing the difference or the availability of the higher-interest account. The matter reached a $425 million class-action settlement that a judge approved, with payments expected to be distributed subject to potential appeals.

Case updates and reports

Settlement information
Last updated at

How to participate

Capital One 360 Savings Settlement Payment

The settlement class includes people who maintained a Capital One 360 Savings account at any time from September 18, 2019, through June 16, 2025.

Type
Settlement Claim
Claim status
Deadline passed
Total settlement amount
$425,000,000
Payout
Payments are individualized and are calculated based on the interest the account holder would have earned if the account had received the same interest rate as a 360 Performance Savings account.
Reported proof requirement
Unclear

Automatic settlement payment process

The article states that consumers who had a Capital One 360 Savings account at any time from mid-September 2019 through mid-June 2025 are eligible for settlement funds.

Type
Other
Availability
No action required
Total settlement amount
$425,000,000
Payout
Each payment will be individualized based on the interest the account holder would have received if the account had earned the 360 Performance Savings rate, less settlement costs and expenses.
Reported proof requirement
No

Sources and links

Official settlement informationSettlement · Capital One 360 Savings Settlement Payment
Capital One Savings Account Practices SettlementWLTX.com · Published
Capital One 360 Savings Account Interest Rate SettlementMarket Realist · Published
Capital One 360 Savings Interest Rate SettlementMoney Talks News · Published
Capital One Account Holder SettlementUSA TODAY · Published
Capital One 360 Savings Interest Rate Class Action SettlementYahoo! Finance · Published
Capital One 360 Savings Interest Rate SettlementThe Columbian · Published
Capital One Savings Account Class Action SettlementsTheStreet · Published
Capital One 360 Savings Account Interest-Rate SettlementFast Company · Published
Capital One Account Holder SettlementTODAY · Published
Capital One Savings Account SettlementThe Arizona Republic · Published
Capital One 360 Savings Interest Rate SettlementThe Clarion-Ledger · Published
Capital One Savings Account Interest-Rate SettlementLansing State Journal · Published
Capital One 360 Savings Interest-Rate SettlementDetroit Free Press · Published
Capital One 360 Savings Interest Rate SettlementGreenville News · Published
Capital One 360 Savings Account SettlementAL.com · Published
Capital One 360 Savings Interest Rate SettlementBlueridgenow · Published
Capital One 360 Savings Interest Rate SettlementAsheville Citizen-Times · Published
Capital One 360 Savings Interest-Rate SettlementDaily Voice · Published
Capital One Account Holders $425 Million Class Action SettlementUSA TODAY · Published
Capital One 360 Savings Interest-Rate Class Action Settlement96.5 KVKI · Published
Capital One 360 Savings Account SettlementThe Mercury News · Published
Capital One 360 Savings Interest-Rate Settlementphl17 · Published
Capital One 360 Savings Interest Rate Class Action SettlementWPIX · Published
Capital One Savings Account Interest SettlementInternational Business Times · Published