CFPB sues Capital One, alleges it misled consumers on savings rates

1. CFPB sues Capital One over misleading savings account interest rates. 2. Capital One allegedly cheated customers out of $2 billion in interest. 3. 360 Savings advertised as high-interest, but significantly lower than 360 Performance Savings. 4. CFPB claims Capital One obscured information about higher-yield savings options. 5. Capital One denies allegations, asserting transparent marketing practices.