Capital One has agreed to pay $425 million to settle a class-action lawsuit over allegations it withheld higher interest rates from certain savings account customers, according to federal court, What is the Capital One 360 savings account settlement? In early 2025, the Consumer Financial Protection Bureau (CFPB) filed a lawsuit against Capital One and its parent company, Capital One , Capital One agreed to pay a total of $425 million to customers who filed a class action lawsuit against the bank in 2024, according to a notice filed in the U.S. federal court in Alexandria,, Capital One agreed to pay $425 million to resolve claims it failed to raise interest rates on its 360 Savings accounts. The Capital One 360 Savings account class action settlement benefits anyone who maintained a Capital One 360 Savings account between Sept. 18, 2019, and June 16, 2025., Customers who had a Capital One 360 Savings account between Sept. 18, 2019, and June 16, 2025, may qualify to receive a payment from a class action settlement., A class action settlement resolves litigation that alleged that Capital One deceptively marketed its 360 Savings accounts as high-interest savings products..