A new bill sponsored by Sens. Sanders and Hawley would cap credit card APRs, but that could reduce access to credit and ...

This card offers a high rewards rate in rotating categories, a good 0% APR offer and an unusual bonus that could become a windfall. If you don't mind keeping track of bonus categories that change ...

Discover Financial Services shows strong growth post-merger with Capital One, but faces risks from interest rate cuts. Read ...

"Despite a modest slowdown in US card sales, overall network volume increased driven by growth in our Pulse business," interim CEO Michael Shepherd said.

Efforts to conserve capital by suspending share buybacks in the initial stages of the pandemic paid off, and the company was able to navigate the uncertainty of 2020 and 2021 with ease. Discover is in ...

Discover Financial ... Average credit card loans of $101.1B vs. $100.3B in Q3 and $99.6B in Q4 2023. Credit card principal net charge-off rate of 5.03% dropped from 5.28% in the previous quarter ...

Discover Financial Services delivered a robust earnings report exceeding expectations, marked by significant revenue and income growth.

Our fair value estimate for Capital One is sensitive to expectations for net interest margins, credit card receivable growth, and how well the company manages its noninterest expenses. Additionally, ...

The Federal Reserve's decision to lower interest rates and hopes of a soft landing for the economy helped ease lenders' concerns about potential credit defaults in 2025. Discover's provision for ...

How will the changing political landscape affect the credit card industry and, thus, consumers? We’ll find out soon enough.

including whether the Fed will adjust interest rates again in 2025. 3. A major credit card merger Capital One announced its intention to acquire Discover in February 2024, which would make it the ...

During the presidential campaign, Trump said he would cap credit card interest rates at 10%. Sen. Bernie Sanders, independent of Vermont, said he supported Trump's campaign pledge ...