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Now that Discovercard was pawned by Capital One, what is a lesser of evils option? (beehaw.org)

submitted 1 week ago* (last edited 1 week ago) by debanqued@beehaw.org to c/finance@beehaw.org

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Recall my previous post when the threat was emerging a couple years ago. Now that shit has played out. Now Discovercard customers are served by a much bigger scumbag.

It’s also a practical problem. The hand-off was apparently incompetently executed so now I have suppliers harassing me because the Discovercard they have on file quit working. And it looks like Cap One wants to stuff their app and shit down our throats. Fuck me if that’s true.

Around a decade prior the Japanese network (JCB) pulled out of the US. So no quasi-ethical refuge.

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[–] HubertManne@piefed.social 4 points 1 week ago (1 children)

isn't that just visa and mastercard. they always worked through banks.

[–] debanqued@beehaw.org 2 points 1 week ago

Exactly. Most local banks outsource to bigger evil corps (visa and m/c) for the network. American Express is smaller but it’s a hard-right corp ethically worse than visa and m/c.

A long time ago there was a scarce handful of small banks (like <10 nationwide) who used the Discover/Diner's club network but that has shrunk to like 1 or 2 banks IIRC.