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Published 5 months ago

Americans' reliance on credit cards is the key to Capital One's bid for Discover

  • Capital One Financial and Discover Financial are merging, creating a major credit card company in the US.
  • The deal is expected to face heavy scrutiny from consumer groups and regulators.
  • After the merger, customers may see increased perks and wider merchant acceptance of Discover cards.
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Associated Press NewsAssociated Press News

US's reliance on credit is key to Capital One's bid for Discover

NEW YORK — Americans have become increasingly reliant on their credit cards since the pandemic. So much so that Capital One is willing to bet more than $30 billion that

5 months ago·United States
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USA TodayUSA Today

Capital One plans to buy Discover. Graphics show what that could mean for your credit card

If regulators approve, the $35 billion deal would combine two of the largest credit card companies in the United States.

5 months ago·United States
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abc Newsabc News

Americans' reliance on credit cards is the key to Capital One's bid for Discover

Americans have become increasingly reliant on their credit cards since the pandemic

5 months ago·United States
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KIFIKIFI

Americans' reliance on credit cards is the key to Capital One's bid for Discover

By KEN SWEET AP Business Writer NEW YORK (AP) — Americans have become increasingly reliant on their credit cards since the pandemic. So much so that Capital One is willing to bet more than $30 billion that they won’t break the habit. The combination could potentially shake up the payments industry, which is largely dominated by Visa and Mastercard. For customers of the companies, it might mean bigger perks and more merchant acceptance of Discove…

5 months ago·Idaho Falls, United States
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KVIAKVIA

Americans' reliance on credit cards is the key to Capital One's bid for Discover

By KEN SWEET AP Business Writer NEW YORK (AP) — Americans have become increasingly reliant on their credit cards since the pandemic. So much so that Capital One is willing to bet more than $30 billion that they won’t break the habit. The combination could potentially shake up the payments industry, which is largely dominated by Visa and Mastercard. For customers of the companies, it might mean bigger perks and more merchant acceptance of Discove…

5 months ago·Panama City, United States
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National PostNational Post

Americans' reliance on credit cards is the key to Capital One's bid for Discover

NEW YORK (AP) -- Americans have become increasingly reliant on their credit cards since the pandemic. So much so that Capital One is willing to bet more than $30 billion that they won't break the habit.

5 months ago·Canada
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