Capital One Settles for $425M, Customers to Get Payouts

0:00A federal judge just signed off on a $425 million settlement with Capital One, paving the way for millions of customers, too. Get payouts after a two-year legal fight. The bank face claims it pushed people towards savings accounts with lower interest rates instead of better options. This hits folks who held Capital One 360 savings accounts from September 2019 through June 2025, potentially boosting. Their balance is soon. Earlier this year, the judge shot down an earlier deal last November, saying it didn't pay customers enough, but now this version clears the bar. If that timeframe matches your banking history, dig into eligibility details online and keep an eye on your account for incoming funds. That's your California News today update, AI-powered, and always on.