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Clark Howard Warns Capital One Quietly Shifted Cheapest Customers to Discover

Original: 'It Won't Work': Clark Howard Warns Capital One Quietly Moved Its Cheapest Customers to Discover

Consumer finance expert Clark Howard is sounding the alarm that Capital One has quietly migrated its least profitable, low-interest cardholders over to Discover after its acquisition of the bank. Howard argues the move won't work, suggesting customers may face worse terms or leave rather than accept a downgrade of their card products.

Why now: The Capital One-Discover merger is reshaping credit card customers' terms, prompting concern about consumer impact.

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• 'It Won't Work': Clark Howard Warns Capital One Quietly Moved Its Cheapest Customers to Discover · 24/7 Wall St.

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