The lawsuit claims that Capital One misled consumers about the interest rates on its 360 Savings accounts from 2013 ... the Consumer Financial Protection Act of 2010 and the Truth in Savings Act.

The agency said Capital One’s conduct violates the federal Consumer Financial Protection Act by engaging in deceptive acts and practices as well as the federal Truth in Savings Act, which ...

Capital One was sued on Tuesday by the US Consumer Financial Protection Bureau, which accused the bank of illegally cheating customers who held its flagship "high interest" savings account out of ...

Those banks could hardly pay lower than 0.01 percent: The Truth in Savings Act requires them to disclose interest rates to the nearest two decimal points, so they can’t name a rate lower than 0. ...