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REDDIT

AMEX worried about CapitalOne buying the Discover network

C
Jan 24, 2026 · 15:57

CapitalOne begins moving Discover business cards over to the CapitalOne banking and credit card app on Monday.


To be clear, ever since CapitalOne acquired Discover, AMEX has been sending out a massive number of invites to bolster the number of AMEX cards out there. They themselves are very concerned that CapitalOne has too many cardholders for Discover to be treated like a niche network for much longer.

I'm investing in CapitalOne.