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Feb 16, 2024 · By May 2023, the interest rate on Capital One’s 360 Performance Savings account hit 3.75 percent, while the company decreased the once-1.00 percent rate on 360 Savings accounts to only 0.30 percent, the lawsuit claims.
- Editorial-News
Nov 6, 2023 · The lawsuit was filed by Capital One customers who previously had online high-yield savings accounts with ING Direct USA, which Capital One bought in 2012. Those accounts became 360 Savings accounts in 2013. As of Sept. 16, 2019, Capital One was paying 1.00% on the 360 Savings account, according to the complaint.
- Kevin Wack
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Feb 26, 2024 · The current rate on the bank's 360 Savings account is 0.10% while the rate on the Performance 360 Savings account is 4.35%, according to Capital One's website. Capital One faces the trio of class ...
- amurillo@bizjournals.com
- Washington Business Journal
- Staff Reporter
Capital One stands out with one of the best combinations of online bank perks — no checking or savings fees, a competitive savings rate and some high CD rates — and a brick-and-mortar presence.
- Capital One
2 days ago · Capital One 360 $250 Checking Account Bonus Summary. What you get: $250 cash bonus. Who qualifies: Valid for new 360 Checking account customers. If you had a 360 Checking account with Capital One on or after January 1, 2022, you are ineligible. Where to open: Online. Promotion code: REWARD250.
In the lawsuit, the plaintiffs' lawyers allege that Capital One didn't inform 360 Savings customers that these were two distinct accounts, or that 360 Performance Savings paid a higher rate.
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related to: was albany ny ever the us capital one 360Manage your savings online anytime, almost anywhere. Open in about 5 minutes. Easy account transfers, mobile check deposit, and automatic transfers.
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