
Capital One’s Cash Advance Fees
Allegations: Representing that the credit card company charges Cash Advance Fees on cash loans or cash equivalents
Willoughby et al. v. Capital One Financial Corp. et al.
25-cv-302, E.D. Va.
(Feb. 2025)
Capital One
Misrepresenting that it protects consumers’ personal information when it failed to do so and there was a data breach between 2022 and 2023
Pending
Allegations: Representing that the credit card company charges Cash Advance Fees on cash loans or cash equivalents
Allegations: Misleadingly advertising accounts as “high interest” savings accounts without notifying accountholders that a higher interest rate account became available
Allegations: Falsely promising not to charge fees for using in-network ATMs
Allegations: Falsely advertising that consumers can get pre-approved for credit cards in a process that does not affect their credit score when the company runs a type of credit report…
Allegations: Marketing Zelle money transfers as fast, safe, and secure without disclosing that there is no protection for victims of fraud and no recourse for reimbursement of lost funds
Allegations: Misleadingly representing that it would help credit card customers during the COVID-19 pandemic when the company systematically denied customers’ requests for help
When it comes to credit cards offering unlimited cash back, it’s a numbers game.