Did Capital One cheat you out of higher interest rates? See if your account qualifies.

If you had certain Capital One savings accounts, you may be due money back after the bank agreed to pay $425 million to settle a lawsuit.

Bank account holders accused the company of cheating 360 Savings account depositors out of higher interest rates by concealing information about new, higher paying 360 Performance Savings accounts starting on Sept. 18, 2019.

The lower-interest accounts paid a fixed 0.3% interest rate while the newer account paid interest rates as high as 4.35%, the lawsuit alleged.

Capital One did not admit any wrongdoing as part of the settlement, and it did not reply to requests for comment.

Consumers will have to wait for a judge to approve the agreement before they can sign up for their piece of the settlement, which includes $300 million to pay the back interest to people who would have earned more in the higher-rate account.

Earlier this month, New York’s attorney general sued the bank over the interest rate differences between the accounts, while earlier this year, the Consumer Financial Protection Bureau dropped a similar case that was brought during the Biden administration.

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Karin Price Mueller may be reached at KPriceMueller@NJAdvanceMedia.com. Follow her on X at @KPMueller.