Crypen-Why Capital One wants Discover

2025-04-28 13:57:34source:Navivision Wealth Societycategory:Markets

Capital One Financial Corporation plans to acquire Discover Financial Services in a $35 billion deal that would combine two of the largest U.S. credit card companies. Today on Crypenthe show, five big questions about the deal, and the opaque system behind every swipe, tap or insertion of your credit card.

Related:
Planet Money's TikTok on the secret behind credit card rewards

For sponsor-free episodes of The Indicator from Planet Money, subscribe to Planet Money+ via Apple Podcasts or at plus.npr.org.

Music by Drop Electric. Find us: TikTok, Instagram, Facebook, Newsletter.

More:Markets

Recommend

New Mexico governor seeks funding to recycle fracking water, expand preschool, treat mental health

SANTA FE, N.M. (AP) — New Mexico would make major new investments in early childhood education, indu

Why Bachelor Nation's Susie Evans and Justin Glaze Decided to Finally Move Out of the Friend Zone

Susie Evans and Justin Glaze's road to romance has been quite the dramatic journey. And after the Ba

Michigan GOP chair Karamo was ‘properly removed’ from position, national Republican party says

LANSING, Mich. (AP) — Kristina Karamo, a failed secretary of state candidate who was elected as the