u/ircsmith

Capital one still pulling APR stunts they just got fined for

I opened an ING account that was bought by Capital One years ago. Capital One pulled some stunts with existing customers APR and just lost a $425 million lawsuit. I read they were not to advertise a rate and not honor that rate for existing customers. I was curious and looked at what my rate was for my 360 account. Capital One was paying 1.00% on my high yield account. Called and was told I had a regular savings. Now why would I open a high yield account and be fine with them changing that account when it was purchased from ING? My rate is now 3.10%. I will get some comp from the lawsuit, but this crap annoys me. Think I will be looking for a new bank.

If you have an existing Capital One savings check what your APR is.

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u/ircsmith — 1 day ago