In Re: Capital One 360 Savings Account Interest Rate Litigation

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Case overview

Case Number:

1:24-md-03111

Court:

Virginia Eastern

Nature of Suit:

Contract: Other

Multi Party Litigation:

Multi-district Litigation, Class Action

Judge:

David J. Novak

Firms

Companies

Sectors & Industries:

  1. May 16, 2025

    Capital One Inks $425M Deal In Savers' 'High-Interest' Suit

    Capital One has agreed to pay $425 million to put to rest a proposed class action alleging that it deceptively advertised its 360 Savings accounts as high-interest savings products, according to a joint notice filed Friday in Virginia federal court.

  2. November 14, 2024

    Capital One Must Face Savers' Suit Over 'High-Interest' Claims

    A Virginia federal judge has slightly trimmed a consolidated litigation accusing Capital One NA of deceptively advertising its 360 Savings accounts as high-interest savings products and separately denied the bank its bid for a bench trial instead of a jury trial on the remaining claims.