Capital One is being sued by the U.S. government맥스카지노�s consumer watchdog agency for 맥스카지노�cheating millions of consumers맥스카지노� and not paying more than $2 billion in interest to holders of its high-interest savings accounts.The Consumer Financial Protection Bureau (CFPB) accuses Capital One of freezing the interest rates of its flagship 맥스카지노�360 Savings맥스카지노� accounts at low levels despite rates rising nationwide and said the bank launched a new account that offered better interest rates without telling 맥스카지노�360 Savings맥스카지노� customers. As a result, that decision cost consumers more than $2 billion in lost interest payments.맥스카지노�The CFPB is suing Capital One for cheating families out of billions of dollars on their savings accounts,맥스카지노� said CFPB Director Rohit Chopra in a release. 맥스카지노�Banks should not be baiting people with promises they can맥스카지노�t live up to.맥스카지노�Capital One said in a statement that it맥스카지노�s 맥스카지노�deeply disappointed to see the CFPB continue its recent pattern of filing eleventh hour lawsuits ahead of a change in administration.맥스카지노�맥스카지노�We strongly disagree with their claims and will vigorously defend ourselves in court,맥스카지노� a Capital One spokesperson said, adding that the new account was 맥스카지노�marketed widely, including on national television, with the simplest and most transparent terms in the industry.맥스카지노�At issue is Capital One맥스카지노�s marketing of the 맥스카지노�360 Savings맥스카지노� account that used words as 맥스카지노�one of the nation맥스카지노�s맥스카지노� 맥스카지노�top,맥스카지노� 맥스카지노�best,맥스카지노� and 맥스카지노�highest맥스카지노� to describe the interest earned from it. However, the CFPB said that from 2019 to mid-2024 the bank 맥스카지노�lowered and then froze the 맥스카지노�360 Savings맥스카지노� account rate to just 0.30%, even as rates increased nationwide.맥스카지노�Around that time, a new, 맥스카지노�360 Performance Savings맥스카지노� account was launched that increased rates from 0.40% in 2022 to 4.35% in January 2024.The CFPB stated that Capital One 맥스카지노�schemed to keep 맥스카지노�360 Savings맥스카지노� accountholders in their lower-yielding accounts by obscuring 맥스카지노�360 Performance Savings맥스카지노�맥스카지노� existence as a distinct product with a higher rate from 맥스카지노�360 Savings맥스카지노� accountholders.맥스카지노�The agency said the lawsuit seeks to stop the bank맥스카지노�s 맥스카지노�unlawful conduct, provide redress for harmed consumers, and impose civil money penalties.맥스카지노�