Capital One $425 Million Settlement: How Eligible Customers Can Receive Their Payout

Source: International Business Times

Eligible 360 Savings customers from 2019-2025 get automatic cash for missed interest rates A federal judge has finalised a $425 million (£314. 8 million) settlement with Capital One, meaning millions of current and former customers could soon receive cash payouts for missed interest on savings accounts. The ruling, handed down this week, allows automatic payments to begin for eligible holders of the bank's 360 Savings product in a class action settlement.

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