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Discover Financial Services. Discover Financial Services is an American financial services company that owns and operates Discover Bank, an online bank that offers checking and savings accounts, personal loans, home equity loans, student loans and credit cards.
Discover is the third largest credit card brand in the U.S., with 60.6 million cardholders or about 8% of cards in circulation, placing it well behind Visa (48%) and Mastercard (36%), but slightly ahead of American Express (7.5%).
Adam Rust, director of financial services at the nonprofit Consumer Federation of America, told Money that Capital One’s credit cards tend to have higher maximum APRs and fees than Discover’s.
Corporate Credit Cards. Small Business Credit Cards. Availability. For larger, established businesses often with revenue of $1 million+. For small companies, sole proprietors, freelance workers ...
Capital One-Discover merger could put a bigger squeeze on credit card users, experts warn. A Discover card is used to pay for gasoline at a Sam's Club in Madison, Miss., July 1, 2021. (Rogelio V ...
Discover Card, which today operates is the company's most widely held proprietary general-purpose credit card and generated a majority of Credit Services' revenues and net income in 1996. Prior to its merger, Dean Witter's credit cards business accounted for 52% and 47% of the company's net income in 1995 and 1996, respectively.
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