This week’s top story: The Capital One-Discover Deal and what cardholders can expect. In other news: What the Capital One-Discover deal could mean for bank accounts, The Capital One-Discover deal and Discover student loans, and prepare calling your student loan servicer.
If Capital One Buys Discover, What Can Cardholders Expect?
Even if the deal is approved, it’ll take a while before customers experience changes. But that doesn’t mean there won’t be any.
What the Capital One-Discover Deal Could Mean for Bank Accounts
If federal regulators approve the deal, the combined banks might have similar accounts, and debit cards would migrate onto Discover’s payment network.
Capital One Takeover Might Not Affect Your Discover Student Loans
If you have Discover private student loans, Nelnet should take over your loan servicing in the coming months — but it’s not because of the Capital One deal.
Calling Your Student Loan Servicer? It Pays to Prepare
Do your homework, gather key documents and be patient to get a helpful answer from your federal student loan servicer.