If you had a Capital One 360 Savings account between September 2019 and June 2025, listen up! Capital One is settling a class-action lawsuit for a whopping $425 million, and you might be entitled to some of that cash. The lawsuit alleged that Capital One didn't raise interest rates on their 360 Savings accounts as much as they did on their 360 Performance Savings accounts, and didn't properly inform customers.

The best part? You don't even have to file a claim! If you're eligible, Capital One will automatically send you a payment. The amount is still TBD, but keep an eye on your mailbox (or your email, since the initial settlement email may end up in spam). There is an option to select electronic payment by October 2, 2025.

Now, here's a little trick to potentially boost your payout: if you still have a 360 Savings account open, closing it before October 2, 2025, could net you an estimated 15% more. The payout is based on the amount of funds you had with Capital One, per the FAQ. So, check your old statements and see if it's worth it for you to close the account. It's free money just for having your savings in the wrong account. Not bad, right?