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With the deal completion, Capital One is well-placed to capture a bigger share of spending on cards and compete with well-known card issuers – Visa V and Mastercard MA. Further, the company now ...
If you want to downgrade your Capital One credit card, you'll need to call customer service and ask what your options are.
Capital One’s $35.3 billion acquisition of Discover could close as early as February. It has the potential to reshape the credit card business.
Keep in mind, you must use an eligible Capital One Visa or Mastercard credit or debit card to complete your purchase, which excludes Capital One issued private label retail cards.
Progressives Against Credit-Card Competition A Capital One tie with Discover Financial would help retailers by offering an alternative to Visa, Mastercard and the big banks.
Capital One's acquisition of Discover would make it one of the largest credit card issuers in the U.S. The deal could help boost Discover's payment network and better compete with Visa and Mastercard.
If you're a Capital One cardholder, experts don't expect major changes right away, but if the merger goes through, your card will likely be shifted to the Discover payment network eventually.
Capital One said Monday it will buy Discover for more than $35 billion, combining two of the largest U.S. credit card companies. Capital One expects to close the deal by early 2025.
Capital One Financial is betting that Americans will keep shopping and use a credit card to pay for their purchases at stores and on the internet.
Capital One’s acquisition of Discover signals a new era in consumer finance, potentially reshaping competition and innovation across the credit card and payments landscape.
A proposed merger between Capital One and Discover raises antitrust concerns and questions about how it will affect customers. Here's what we know.
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