Capital One Interest-Free Grace Period

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 that its credit card provides consumers with an interest-free grace period without disclosing that consumers who fail to pay their entire balance by the statement due date one time lose the grace period on all future purchases, meaning that interest begins to accrue on purchases from the time they are made. (Dress et al v. Capital One Bank (USA), N.A., Case No. 18-cv-40064, D. Mass.)

For more information about other class-action lawsuits filed against Capital One and TINA.org’s coverage of them, click here.

Class-Action Tracker

Capital One 360 Savings Accounts

Class Action

Capital One 360 Savings Accounts

Allegations: Misleadingly advertising accounts as “high interest” savings accounts without notifying accountholders that a higher interest rate account became available

Capital One

Class Action

Capital One

Allegations: Misrepresenting that it protects consumers’ personal information when it failed to do so and there was a data breach between 2022 and 2023

Capital One’s Cash Advance Fees

Class Action

Capital One’s Cash Advance Fees

Allegations: Representing that the credit card company charges Cash Advance Fees on cash loans or cash equivalents

Capital One’s ATM Fees

Class Action

Capital One’s ATM Fees

Allegations: Falsely promising not to charge fees for using in-network ATMs

Capital One Credit Cards

Class Action

Capital One Credit Cards

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…

Zelle Money Transfers at Capital One

Class Action

Zelle Money Transfers at Capital One

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

Capital One Credit Cards

Class Action

Capital One Credit Cards

Allegations: Misleadingly representing that it would help credit card customers during the COVID-19 pandemic when the company systematically denied customers’ requests for help

Cash Advances on Capital One Credit Cards