Capital One Settlement: Claim Your Payout Before Today's Deadline

Capital One Settlement Overview

• 💰 Capital One has agreed to a $425 million settlement with regulators.
• ⚠️ The settlement addresses allegations that the bank cheated savers by freezing interest rates on older accounts.

Eligibility for Payouts

• 🎯 Individuals who held a Capital One 360 Savings account between September 2019 and June 2025 may be eligible.
• 💡 Eligibility extends even to those who later switched to a performance savings account.
• 📉 Regulators claim customers lost over $2 billion in interest due to low rates on older accounts compared to new ones.

Claiming Your Payout

• ⏰ Today, October 2nd, is the final deadline to claim your payout.
• 💻 To receive payment, you must log into the official settlement website using an ID and PIN from your mailed notice.
• 🔑 You need to choose your payment option by the deadline, even though the settlement awaits final court approval in November.
• ⚡ Do not wait until the last minute to complete the process.