Capital One Class Action Lawsuit: Why Is the Bank Being Sued Again?
Capital One faces a new class action lawsuit over the cancellation of credit card rewards for customers whose accounts were closed.Summary
Capital One is facing a new class action lawsuit filed in May 2025 in the US District Court for the Eastern District of Virginia. The lawsuit, brought by Nikhil Navkal and NTech Consulting LLC, alleges that the bank canceled credit card rewards belonging to customers whose accounts were shut down, even when the closure was due to fraud or unauthorized use that had nothing to do with the cardholder. The plaintiffs argue that Capital One had no contractual right to reclaim these rewards, claiming violations of the Equal Credit Opportunity Act, breach of contract, and unjust enrichment. The lawsuit covers three groups: a national class of cardholders not in default who lost rewards after an account closure they did not cause, a New York subclass, and holders of the Spark Cash Plus business card. This legal action follows a separate lawsuit from January 2025 regarding service outages.
(Source：Times Now)