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Capital One to acquire Discover: What it means for your money - MSNCurrently, Capital One relies on the Visa and MasterCard networks for payment processing, but it plans to move all of its debit cards and some of its credit cards to Discover’s network starting ...
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Capital One and Discover’s $35.3B Merger Approved - MSNTypically, debit cards don’t come with rewards, but with Discover’s Cashback Debit card, you can earn 1% cash back on up to $3,000 in debit card purchases each month.The checking account is ...
The acquisition of Discover added some $160 billion to Capital One’s asset under management, vaulting it to the sixth largest ...
Capital One debit cards, private label retail credit cards and co-brand partner cards are also not eligible. Here are three of Capital One’s most popular credit cards: ...
One of Capital One’s first moves following the merger will likely be to shift its debit cards to Discover’s payment network, which would lift the caps on its swipe fees and generate extra ...
Capital One’s debit network transactions are built into Mastercard’s best estimates, Miebach said in January. In addition to Discover’s credit card portfolio, Capital One also will gain access to the ...
Capital One, the McLean financial services company, announced yesterday that it will purchase NetSpend Holdings, a retail seller of prepaid debit cards, for $700 million. The acquisition would ...
With Capital One transitioning its debit card to the Discover credit card network, consumers can earn 1% cash back on up to $3,000 in debit card purchases per month.
Already, Capital One has announced plans to migrate its existing debit card customers onto Discover's Plus network. Merchants accepting Capital One debit cards would immediately pay higher fees than ...
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