Capital One $425 Million Settlement: Who Qualifies For Payouts And When Checks Arrive
A federal judge in Alexandria approved Capital One’s $425 million settlement over 360 Savings accounts. Payments to eligible customers are expected around July 27, 2026, if no appeal is filed. Account holders from September 2019 to June 2025 will receive payouts automatically, with amounts varying based on lost interest. The settlement also raises interest rates on legacy accounts.