It’s a New Era for Capital One. Amex and Chase Are in Its Sights. - WSJ
1. Capital One acquired Discover for $35 billion, expanding its card network. 2. New debit- and credit-cards can potentially increase revenue significantly. 3. Capital One is perceived as a premium brand, nearing Chase's status. 4. Discover's network may enhance Capital One's interchange revenue profitability. 5. Competitive fees could differentiate Capital One in the rewards market.