So, your Capital One credit cards may one day run on the Discover network, but it likely won't happen anytime soon. If this happens, your card's acceptance rates, perks and rewards may change.

Capital One Financial Corp. agreed to buy credit-card lender Discover Financial Services in a $35-billion all-stock deal to create the largest U.S. credit card company by loan volume.

The deal joins two of the largest credit card companies that aren’t banks first, ... Capital One gets green light to buy Discover for $35B and form credit card giant By . Associated Press.

Capital One announced on Monday that it would acquire Discover Financial Services in an all-stock transaction valued at $35.3 billion, a deal that would merge two of the largest credit card ...