A U.S. watchdog is suing Capital One for allegedly misleading consumers about its offerings for high-interest savings accounts — and “cheating” customers out of more than $2 billion in lost interest payments as a result.
Capital One customers have been unable to access their direct debits, leaving them unsure how they will be able to pay their bills and other essential expenses.
Capital One said in a statement that the disruption, which has impacted the processing of some deposits, payments and transfers, began on Wednesday and is due to a technical issue with one of its service providers.
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A U.S. watchdog is suing Capital One for allegedly misleading consumers about its offerings for high-interest savings accounts - and "cheating" customers out of more than $2 billion in lost ...
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Capital One's support account on X also has been flooded with complaints, several using explicit language, from people not being able to pay bills or access money.
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