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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 ...
Capital One QuicksilverOne Cash Rewards Credit Card This card for fair credit earns above-average rewards but doesn’t offer a sign-up bonus, has an annual fee and charges a high APR.
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.
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.
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.
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.
Merger of Capital One and Discover, Two Credit Card Giants, Wins Approval Two regulators signed off on the $35 billion deal, which the banks say will create a competitor to Visa and Mastercard.
The Capital One Platinum Secured Credit Card* lets consumers with poor credit or no credit history start to build or rebuild their credit scores, with responsible use.
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’s acquisition of Discover signals a new era in consumer finance, potentially reshaping competition and innovation across the credit card and payments landscape.
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