Why Capital One wants Discover : The Indicator from Planet Money 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 the 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.

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

Why Capital One wants Discover

Why Capital One wants Discover

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Joe Raedle/Getty Images
MIAMI, FLORIDA - FEBRUARY 19: Customers make a transaction at a Capital One ATM on February 19, 2024, in Miami, Florida.  (Photo by Joe Raedle/Getty Images)
Joe Raedle/Getty Images

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 the 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.