Capital One customers in Georgia could be eligible for a payment as part of a $425 million class action settlement .

The class action lawsuit was filed by customers in 2024, USA TODAY reported. The Consumer Financial Protection Bureau also sued the bank in mid-January, claiming it froze the interest rate for its 360 Savings accounts at a low level, even as rates increased nationwide.

The CFPB lawsuit was dropped in February, but the bank agreed to pay the $425 million as part of a settlement for the original class action lawsuit.

Who qualifies for the Capital One settlement?

Current and former Capital One customers who held a 360 Savings account between Sept. 18, 2019, and June 16, 2025, qualify for a payment.

How much will eligible customers receive from the settlement?

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