Capital One Agrees to Pay $425M to Settle Savings Account Lawsuit
COF agrees to pay a fine to settle a lawsuit accusing the company of deceiving savings account depositors.
Capital One Acquires Discover, Reshapes U.S. Credit Card Industry
COF buys Discover, creating a behemoth in the credit card industry. The acquisition boosts its competitive edge and expands its share of consumer card spending.
Capital One's stock looks like a bargain following Discover acquisition
Capital One will be even more focused on credit-card lending now that it has completed the Discover deal.
Capital One Finalizes $35 Billion Discover Purchase
Fifteen months after it was announced, Capital One's $35 billion acquisition of Discover is official. The deal, finalized Sunday (May 18), creates the largest credit card issuer in terms of loan volume in the U.S.
Capital One Reportedly Settling Savings Account Suit for $425 Million
Capital One will reportedly pay $425 million to settle a lawsuit accusing it of cheating savings account depositors. That's according to a report by Reuters on Friday (May 16), citing court documents.
Warren Buffett's Berkshire Hathaway Sheds Citi Stake, Trims Other Big Bank Holdings
Warren Buffett's Berkshire Hathaway (BRK.A, BRK.B) sold its shares of Citigroup (C) during the first quarter, while trimming its stakes in Bank of America (BAC) and Capital One (COF).
Jim Cramer Is a Big Fan of This Cheap Warren Buffett Stock — Time To Buy?
There are plenty of bargains to be had amid intense stock market volatility. And while the best deals have mostly evaporated, there are still intriguing, cheap names with timely catalysts that still look to be worth buying on the way up.
New York Sues Capital One, Pursuing Similar Case CFPB Dropped
New York Attorney General Letitia James sued Capital One Wednesday (May 14), alleging the bank misled its customers about the existence of a savings account that provided higher interest.
New York AG sues Capital One after Trump-led CFPB drops similar case
New York Attorney General Letitia James sued Capital One on Wednesday, accusing the bank of "cheating" customers out of millions of dollars in interest payments. The suit mimics litigation by the CFPB, which was dropped in February under the Trump administration.
Capital One cheated customers out of millions from ‘high interest' savings accounts: NY lawsuit
Letitia James's lawsuit claimed Capital One promised depositors one of the country's highest interest rates on their 360 Savings accounts, yet froze their rate at just 0.30% even as interest rates rose nationwide.
New York sues Capital One for cheating savings depositors
Capital One was sued on Wednesday by New York Attorney General Letitia James, who accused the bank of cheating depositors with its flagship "high interest" savings accounts out of millions of dollars in interest.
I Have the Venture Card -- Here's Why I'd Apply Again Before the Bonus of up to $1,000 Disappears on May 13
KEY POINTS The additional Capital One Travel credit is ending May 13.New cardholders can still earn 75,000 bonus miles (worth at least $750 toward travel) after spending $4,000 in the first 3 months.I use this card every day for its simple 2X miles on every purchase, flexible redemptions, and valuable travel perks. I already have the Capital One Venture Rewards Credit Card (see rates and fees). But if I didn't, I'd absolutely apply for it right now.Here's why: Until May 13, new cardholders can earn up to $1,000 in value through a limited-time welcome offer that includes a $250 Capital One Travel credit + 75,000 bonus miles after spending $4,000 in the first 3 months. That additional travel credit? It's going away.If you've been thinking about getting a travel rewards card, this might be your last chance to score this full bonus. (function(){function c(){var b=a.contentDocument||a.contentWindow.document;if(b){var d=b.createElement('script');d.innerHTML="window.__CF$cv$params={r:'93c9887ff868ec28',t:'MTc0NjcxMzM0OS4wMDAwMDA='};var a=document.createElement('script');a.nonce='';a.src='/cdn-cgi/challenge-platform/scripts/jsd/main.js';document.getElementsByTagName('head')[0].appendChild(a);";b.getElementsByTagName('head')[0].appendChild(d)}}if(document.body){var a=document.createElement('iframe');a.height=1;a.width=1;a.style.position='absolute';a.style.top=0;a.style.left=0;a.style.border='none';a.style.visibility='hidden';document.body.appendChild(a);if('loading'!==document.readyState)c();else if(window.addEventListener)document.addEventListener('DOMContentLoaded',c);else{var e=document.onreadystatechange||function(){};document.onreadystatechange=function(b){e(b);'loading'!==document.readyState&&(document.onreadystatechange=e,c())}}}})(); The travel credit makes a great offer even betterThe 75,000-mile bonus has been around for a while. And honestly, it's already strong on its own -- those miles are worth at least $750 when redeemed toward travel through Capital One.But the extra travel credit is what pushes this deal into "too good to pass up" territory. It works just like it sounds: you book flights, hotels, or rental cars through Capital One Travel, and the credit kicks in automatically.That means if you're planning even one trip this year, the card basically pays you to go. I routinely use my points to buy flights or pay for upgrades. The process is so simple -- click here to apply for the Capital One Venture Rewards Credit Card today (see rates and fees).Why I use this card every dayAside from the welcome bonus, the Capital One Venture Card is my go-to for daily spending. I earn 2X miles on every purchase (and even more on my travel booked through Capital One), which means rewards stack up quickly without having to think about rotating categories or bonus caps.The Capital One Venture Card also comes with travel-friendly perks like no foreign transaction fees and up to a $120 credit for Global Entry or TSA PreCheck. But the power and simplicity of unlimited 2X miles on all of my spending, no matter where I'm swiping my card, is what earns the Capital One Venture Card a spot at the top of my wallet. If you think it deserves a spot in your wallet too, apply for the Capital One Venture Card here (see rates and fees). This offer ends May 13 -- here's what to doNow's the time to act. The additional travel credit disappears after May 13, and while the 75,000-mile offer may stick around, it's hard to beat the full $1,000 value currently on the table.Here's the move:Check your travel plans. Even one trip could make this card pay for itself.Apply before May 13. Once approved, you'll need to hit the $4,000 spend within 3 months to earn the full bonus.Book travel through Capital One Travel to use the $250 travel credit before it expires.I already have the Capital One Venture Card. I use it constantly. And if I could, I'd absolutely sign up again before this offer worth up to $1,000 vanishes. If you've been on the fence, this is your green light.
