A mega-deal between Capital One and Discover Financial Services could be one of the largest acquisitions of the year.
  • Capital One is readying an acquisition of Discover Financial Services, according to The Wall Street Journal.
  • The deal would merge two of the largest credit-card issuers in the US.
  • Discover is coming off a difficult year after compliance lapses led to a CEO resignation.
  • Stupidmanager@lemmy.worldEnglish
    41·
    5 months ago

    It’s not just you. I’m well into adulthood when I applied for a discover card. Got approved for a $800 credit limit. Yes, not a typo, $800. Today, that limit is $1200. but my capital one card which I acquired around the same time, $12000 to start and now it’s over 32k.

    I never use my discover card and don’t care that this merger is happening.