Capital One’s Cash Advance Fees
Allegations: Representing that the credit card company charges Cash Advance Fees on cash loans or cash equivalents
Fitzpatrick et al. v. Capital One Financial Corp.
22-cv-312, E.D. Cal.
(Feb. 2022)
Capital One Credit Cards
Misleadingly representing that it would help credit card customers during the COVID-19 pandemic by deferring payments, waiving fees, and not charging interest on unpaid balances when the company systematically denied customers’ requests for help
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
March 2019: This case was transferred to a court in Virginia. (Case No. 19-cv-343, E. D. Va.) May 2018: A class-action lawsuit was filed against Capital One for allegedly promising…
In May 2019, a class-action lawsuit was filed against Capital One Bank for allegedly failing to disclose that it charges consumers interest on cash advances on credit cards after they…
In January 2019, a class-action lawsuit was filed against Capital One Bank for allegedly charging multiple non-sufficient funds and overdraft fees on a single transaction. Plaintiffs claim that the bank…
In March 2018, a class-action lawsuit was filed against Capital One Bank for allegedly misleadingly promising consumers an interest-free grace period on charges when, according to the plaintiffs, consumers who…
June 2015: A federal judge granted final approval of a settlement of this lawsuit. According to the settlement terms, class members may receive a cash award of either $2 or…
When it comes to credit cards offering unlimited cash back, it’s a numbers game.