Capital One Settles $425M Savings Interest Lawsuit

About this episode

Capital One has settled a lawsuit for $425 million regarding low-interest rates on savings accounts.

Capital One settles for $425 million in savings interest case. Eligible Washington state three sixty Savings account holders from September 2019 to June 2025 receive automatic payouts. The settlement addresses Capital Ones low-interest rates on old accounts, while new accounts offered higher yields. Payouts based on account balance and duration, with direct deposit or check. Minimum payout $5, deadline March 31st. Support the show: Get a discount at https://solipillow.com/discount/dnn. Advertise on DNN: advertise@thednn.ai This is an automated, high-level news summary based on public reporting. Report issues to feedback@thednn.ai. View sources & latest updates: https://sources.thednn.ai/fc56b859b34d05e1

Topics covered

• lawsuit
• savings account
• settlement
• interest rates
• financial news

Keywords

• Capital One
• savings interest lawsuit
• settlement
• Washington state
• payouts

Sponsors

Solipillow

Mentioned in this episode

Organizations: Capital One

Places: Washington

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