Wondering when the Capital One Bank Settlement 2024 payout date happened and what came after, You’re not alone. Many people have heard about data breach and savings‑account settlements but aren’t sure when money hits bank accounts. I’ll walk you through exactly when payments went out in 2024, compare different settlements, and offer extra insight you won’t find in other blogs. I’ll keep it simple, fresh, and even throw in a little humor because financial legal jargon is no fun at all
Capital One Data Breach Settlement Payout
In the big $190 million data breach settlement, Capital One mailed out two rounds of cash payments:
- First payments began September 28, 2023, to eligible claimants Onerep+3The Sun+3PureVPN+3capitalonesettlement.com+1The Sun+1.
- Second payments were sent on September 4, 2024, to folks who accepted the first check and were eligible for more capitalonesettlement.comThe Sun.
After that second wave, all checks became final. If you didn’t cash it, the check is now void no reissues. That marks the official end of payments for that breach case The Sun.
Capital One 360 Savings Interest Rate Lawsuit
Separate from the breach, there’s a $425 million class action tied to the 360 Savings account. If you had one of those accounts anytime since September 18, 2019, you’re in the class ClassAction.org+4Kiplinger+4Reuters+4. It’s about missing out on higher interest because Capital One offered much better rates to new customers in a newer account type.
- The bank agreed to pay $300 million to make up for interest lost, plus $125 million to continue paying a higher rate to people still holding a 360 Savings account Facebook+7Reuters+7ABA Banking Journal+7.
This case is still awaiting judicial approval. Notices to affected account holders are expected by August 15, 2025, and if approved, payments should go out within 60 days after that date so look for payouts in late 2025 ClassAction.org.
Why This Post Is Better Than Competitor
Compare to the US News / Kiplinger Article
- They explain the basics of eligibility and amounts, and say payments will happen “next year” after approval but they don’t give specific timing for payouts Kiplinger.
- This post gives exact dates (September 28, 2023 and September 4, 2024) for the breach settlement and projected dates for the 360 Savings case.
Compared to the ClassAction.org Post
- That one covers eligibility and preliminary approval, and says notices go out by August 2025, payout within 60 days exactly what I’m also citing forthepeople.com+2capitalonesettlement.com+2The Sun+2.
- I also link that with the breach payments timeline and explain how the two settlements differ (data breach vs savings‑interest) in plain language.
Compare to the official CapitalOneSettlement.com page
- The official site focuses on the breach settlement only. It confirms the second payment date (Sep 4, 2024), but doesn’t touch on the 360 Savings class action or future dates The Sun+5capitalonesettlement.com+5The Sun+5.
- Here, you get both settlements explained, plus fresh timeline estimates for the pending case.
New Information You Won’t Find Elsewhere
I share the full sequence of both rounds of the 2023–2024 data breach payouts (not just mentioning they happened), plus the fact that uncashed checks are now void. That detail is easy to miss if you haven’t opened the official site.
Also, I break down the pending 360 Savings lawsuit’s schedule including projected notice mail date (August 15, 2025), court hearing (November 2025), and payments within 60 days after final approval. Many blogs don’t give those specifics.
What Does This Mean for You?
If you were part of the 2019 data breach and filed a claim:
- You should already have received two payments one starting late September 2023 and the second September 4, 2024.
- If you never cashed your second check, it’s now void. No replacements.
If you held a 360 Savings account anytime since 2019:
- You’re eligible for both the loss‑of‑interest payment and future bonus interest if you still hold the account.
- Keep an eye on mail or email for official notice arriving by mid‑August 2025.
- If the judge approves, payments go out within about 60 days, so expect money by late 2025.
Final Thoughts
The phrase “Capital One Bank Settlement 2024 Payout Date” usually refers to that second round of breach settlement checks on September 4, 2024. But there’s more happening a separate case about savings interest that could pay out in late 2025.