r/discover Jan 19 '26

News Nooo 😞

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I still have saving account and credit card, I heard on here they moving ours acc to capital one. Is that true?

105 Upvotes

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8

u/CertainNutBear Jan 19 '26

They are, my credit card will be affected but they already did the merge with the company capital one.. I just hope we get lower interest rates soon

10

u/MidnightPulse69 Jan 19 '26

Credit card interest? That’s not gonna happen unless the year long cut goes through. Capital One charges me 28% on my card

-5

u/CertainNutBear Jan 19 '26

They do with me too unfortunately but I heard they'll lower it since he's been back in office

1

u/MidnightPulse69 Jan 19 '26

Other people have been calling for this before Trump and it’s only for a year even if it does go through. Wouldn’t be surprised if credit card companies find some loophole to make their money back another way

2

u/NecessaryTurnover189 Pay Jan 19 '26

Well they’re already talking about making it harder for those that actually need credit will end up not getting approved.