$425M Capital One 360 Savings account class action settlement

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Max Payout

TBD

Filing Deadline

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Proof Required?

Capital One has agreed to pay $425 million to settle a class action lawsuit over its 360 Savings accounts. The lawsuit claimed that Capital One failed to raise interest rates on these accounts when it should have, potentially costing customers money on their savings. If you had a Capital One 360 Savings account during the relevant time period, you may be entitled to compensation from this settlement. This is one of the larger banking settlements in recent years, and affected customers could receive meaningful payouts.

Who Is Eligible?

You may be eligible to file a claim if you:

You had a Capital One 360 Savings account during the class period (specific dates to be determined)
Your account may have been affected by Capital One's interest rate practices
You don't need to have closed your account to be eligible
Both current and former Capital One 360 Savings account holders may qualify

How Much Can You Get?

The total settlement fund is $425 million, which will be distributed among eligible class members. The exact amount each person receives will depend on factors like how long you held your account, your account balance, and how many people file valid claims. While specific payout amounts haven't been announced yet, the large settlement size suggests that many account holders could receive substantial compensation for the interest they may have missed out on.

How to File Your Claim

Filing your claim is quick and easy:

Gather your Capital One 360 Savings account information and statements
Wait for the official claim form to become available
Fill out the claim form with accurate account details
Submit any required documentation
Download the Class Action Buddy app to get notified when the claim period opens and to help file your claim quickly and easily

Frequently Asked Questions

Who is eligible for the Capital One 360 Savings settlement?

Account holders who had Capital One 360 Savings accounts during the class period and were potentially affected by the interest rate practices described in the lawsuit may be eligible for compensation.

How much money can I get from the Capital One settlement?

Individual payout amounts haven't been determined yet, but the $425 million total settlement suggests meaningful compensation for eligible account holders. The exact amount will depend on factors like your account history and the total number of claims filed.

When is the deadline to file a Capital One 360 Savings claim?

The claim deadline has not been announced yet. Settlement details including filing deadlines are still being finalized. Using Class Action Buddy can help ensure you don't miss important deadlines when they're announced.

Ready to File Your Claim?

We're adding new settlements regularly. Download the app to get notified when this one is available.

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