Capital One to buy Discover

[disneysteve]

Its unclear to me how this would impact the finances of Joe and Jane average.

I don’t think it will have any impact at all.

[QuarterMillionMan]

Progressive Sen. Elizabeth Warren, D, Mass., a member of the Senate Banking Committee, took to X to call for regulators to stop the deal.

"The merger of @CapitalOne and @Discover threatens our financial stability, reduces competition, and would increase fees and credit costs for American families," Warren wrote. "This Wall street deal is dangerous and will harm working people. Regulators must block it immediately."

[LivingAlmostLarge]

I believe discover or amex were my first CC in college. Got it on the campus, exactly how people say it happens.

[disneysteve]

I believe discover or amex were my first CC in college. Got it on the campus, exactly how people say it happens.

Yep. Discover was big in the college market because they would approve people who Visa and Mastercard would turn down. Their requirements were a lot looser. You didn’t need as good a credit history (or any history) to get approved.

[bjl584]

I believe discover or amex were my first CC in college. Got it on the campus, exactly how people say it happens.

I remember the credit card companies setting up at the Union hall and giving out T shirts and other gifts if you signed up.
I think those practices may have stopped or have been cut back considerably.

[LivingAlmostLarge]

I remember the credit card companies setting up at the Union hall and giving out T shirts and other gifts if you signed up.
I think those practices may have stopped or have been cut back considerably.

is this even a thing still? And yep that happened to me. My discover is from 1997!