How Bank Customers Expecting 4.35% in Interest Got Close to 0%

WSJ Your Money Briefing

Some Capital One savings customers thought the interest rate paid on their accounts had risen over the past several years as the Federal Reserve raised rates. Wall Street Journal reporter Rachel Louise Ensign joins host J.R. Whalen to discuss how account holders discovered they’ve been receiving far less than the savings rate the bank is advertising.


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Some Capital One savings customers thought the interest rate paid on their accounts had risen over the past several years as the Federal Reserve raised rates. Wall Street Journal reporter Rachel Louise Ensign joins host J.R. Whalen to discuss how account holders discovered they’ve been receiving far less than the savings rate the bank is advertising.


Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.


Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.

2024-01-26 9 min
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