GREENSBORO, N.C. — Check or electronic payment. Does it really matter how you get your settlement money from Capital One?

Actually, it does. And you need to make that decision before midnight.

Capital One is paying out $425 million to customers who had a 360 Savings Account from September 2019 to June of this year. The class action lawsuit claims Capital One failed to pay savings account customers the right amount of interest on their money.

Three things to know about this Capital One settlement:

The amount you get depends on how much money you had in the account and the amount of interest you missed out on.

You don't have to fill out any claim form to get the money.

The payment is automatically coming to you (sort of)

Here's the "sort of" part. Right now, the system defaults to

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