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Capital One $425 million settlement details who qualifies and what customers get after judge approval
Business
Published on 4 May 2026
Your older 360 Savings rate may be reimbursed
Capital One has reached a $425 million settlement after claims that its 360 Savings accounts misled customers about interest rates. Customers who held these accounts from September 2019 to June 2025 may qualify for payouts calculated from the interest difference versus newer account rates. Estimated payments are due by July 2026, unless an appeal changes the outcome.
- Settlement totals $425 million over 360 Savings interest claims
- Eligibility covers account holders from Sep 2019 to Jun 2025
- Payouts depend on interest earned versus newer rates
- Estimated payouts by July 2026, subject to appeals
Read the full story at The Economic Times
This summarization was done by Beige for a story published on 
The Economic Times