Originally Posted by
chicagorich
I imagine Cap1 is buying Discover so it can eventually field its own payment network and pull the Cap1 cards off of the Visa and Mastercard networks. I guess the Mastercard logo on my Savor card will get replaced with a Discover logo eventually.
"I'm sorry, your $400 annual fee VentureX premium travel card
does not actually work outside the United States. I'm sure that's not a problem and you can just panhandle change so you can buy things."
Seriously, if you think AMEX acceptance outside the US is a joke just try Discover...