Capital One Goes Down, Users' Deposits Go AWOL

Bank suffers some sort of outage 2 days after CFPB sued it for stiffing customers
By Polly Davis Doig,  Newser Staff
Posted Jan 16, 2025 9:45 AM CST
Capital One Users Complain Their Deposits Are Missing
A man walks across the street from a Capital One location in San Francisco.   (AP Photo/Jeff Chiu, File)

Capital One isn't having such a hot couple of days: As USA Today reports, the banking behemoth was besieged Thursday morning by customers complaining that their deposits weren't showing up. Downdetector showed a bit north of 2,000 customers clocking outages around 8am, and the @AskCapitalOne handle on X was being asked plenty along the lines of: "Is anyone else having an issue with @CapitalOne? Can't reach anyone, online & app not working, this is insane."

Capital One's response to some of these consumers—"We know it's important to have your money when you need it, so we apologize for any inconvenience this is causing"—wasn't exactly placating those looking for their paychecks. Referencing the lawsuit the CFPB filed Tuesday against the bank, one customer said: "1 day Capital One gets exposed for deliberately underpaying interest rates on savings accounts & today people can't access their direct deposits?" (Capital One has had bigger problems than this.)

Get the news faster.
Tap to install our app.
X
Install the Newser News app
in two easy steps:
1. Tap in your navigation bar.
2. Tap to Add to Home Screen.

X