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America’s Next Top Credit Card Company: What It Means for You

Capital One's potential acquisition of Discover cards could threaten Mastercard's market share, creating the largest US credit card company by loan volume.

by Terry Bingman
Wed, Feb 21, 2024 3:45am
in Business
• 2 mins read
14.4k
America's Next Top Credit Card Company: What It Means for You | FinOracle

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America’s Largest Credit Card Company: Capital One’s Acquisition of Discover Financial Services

**America is on the cusp of witnessing the birth of the largest credit card company in the country**. Capital One’s acquisition of Discover Financial Services in a monumental $35.3 billion all-stock deal, pending regulatory and shareholder approval, is set to create the biggest credit card giant in the United States **based on loan volume**.

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