The deal was initiated in February 2024, when Capital One announced its plans to acquire Discover. Despite the deal closing last week, don't expect any changes to hit your cards right away.

Capital One has officially completed its $35 billion acquisition of Discover, but for now, no major changes are coming for ...

Discover has said accounts aren't linked to the new corporate owner, so Capital One branches and customer service can't help with Discover products.

But there’s also potential upside: Discover’s credit card network and products will remain in circulation, and Capital One says it will continue offering Discover-branded cards. In short ...

Capital One’s acquisition of Discover signals a new era in consumer finance, potentially reshaping competition and innovation across the credit card and payments landscape. Under the terms of ...

Through Friday, Capital One’s COF stock had returned 10.9% for 2025, while Discover shares had returned 16% as investors ...

Capital One acquired Discover in an all-stock transaction valued at $35.5 billion.

Capital One says customers shouldn't expect any immediate changes to accounts following its merger with Discover. In the coming months, Capital One account holders may get cashback debit cards and ...