Company Update (NYSE:COF): Capital One Bank Survey: More than Half of Americans Who Will Be Receiving a Tax Refund This Year Plan to Spend the Majority of It

March 06, 2014 at 09:31 AM EST

[PR Newswire] – According to the latest IRS statistics, the average federal tax refund this year will be $3,116, up 4.2 percent compared to 2013. Capital One’s survey found that most Americans (80 . . . → Read More: Company Update (NYSE:COF): Capital One Bank Survey: More than Half of Americans Who Will Be Receiving a Tax Refund This Year Plan to Spend the Majority of It Similar Articles: The Walt Disney Company (NYSE:DIS) ~ Yahoo Finance 2013 company of the year: Walt Disney Stock market seasonality mid-year update Memo from Washington: We’re going to borrow, print, and spend no matter what!

Capital One Financial Corporation (NYSE:COF) [PR Newswire] – According to the latest IRS statistics, the average federal tax refund this year will be $3,116, up 4.2 percent compared to 2013. Capital One’s survey found that most Americans (80 percent) expect to get a refund and more than half of those (52 percent) plan to spend the majority of their refund. Although 52 percent of Americans who will be receiving a tax refund this year are spending the majority of it (as opposed to saving), that … [visit site to read more]