Savings Accounts news and trends

Capital One Reportedly Settling Savings Account Suit for $425 Million
Banking // May 18, 2025

Capital One will reportedly pay $425 million to settle a lawsuit accusing it of cheating savings account depositors. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to...

Santander Pitches Savings Plan to Verizon Customers
Digital Banking // March 18, 2025

Verizon has launched a long-term partnership with Santander’s U.S. digital banking platform. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By...

CFPB Drops ‘Savings 360’ Lawsuit Against Capital One
CFPB // February 27, 2025

The Consumer Financial Protection Bureau (CFPB) dropped a lawsuit against Capital One on Thursday (Feb. 27). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

Capital One Discloses CFPB Investigation of New High-Interest Savings Accounts
Bank Regulation // November 01, 2024

Capital One disclosed Thursday (Oct. 31) that it could face an enforcement action by the Consumer Financial Protection Bureau (CFPB) regarding its introduction of a new savings account product with a higher interest rate than its existing savings account products. Get the Full Story Complete...

Interviews & Exclusives
As Klarna Eyes Banking, BNPL Becomes Onramp to NextGen Neobank

August 19, 2024
For Klarna, buy now, pay later (BNPL) may serve as an onramp toward building a wider financial ecosystem tied to its app — and perhaps, will give banks a run for their money (literally). Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — […]

Consumers Face Financial Crunch From Rising Emergency Expense Costs

June 26, 2023
Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter,...

Savings Accounts Play Larger Role in Bank vs Neobank Battle

January 05, 2023
Banks risk losing customers to neobanks — and a key battleground may lie with savings accounts.  Get the Full Story Complete the form to unlock this article and enjoy unlimited...

Canada’s Twist On The Digital Banking Model

August 13, 2018
Oh, Canada?  A good market to be in for FIs seeking to create digital only banks, if you get the rates right, the timing right and do the fine tuning...

Quick Reads
Revolut Expands US Banking Efforts With High-Yield Savings

September 29, 2025
UK FinTech Revolut has launched a high-yield savings account for American customers. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all PYMNTS content — no additional logins required. yesSubscribe to our daily newsletter, PYMNTS Today. By completing this form, you agree to receive marketing communications from […]

Capital One Reportedly Settling Savings Account Suit for $425 Million

May 18, 2025
Capital One will reportedly pay $425 million to settle a lawsuit accusing it of cheating savings account depositors. Get the Full Story Complete the form to unlock this article and...

Santander Pitches Savings Plan to Verizon Customers

March 18, 2025
Verizon has launched a long-term partnership with Santander’s U.S. digital banking platform. Get the Full Story Complete the form to unlock this article and enjoy unlimited free access to all...

CFPB Drops ‘Savings 360’ Lawsuit Against Capital One

February 27, 2025
The Consumer Financial Protection Bureau (CFPB) dropped a lawsuit against Capital One on Thursday (Feb. 27). Get the Full Story Complete the form to unlock this article and enjoy unlimited free...