Capital One's purchase volume jumps 26%, while Discover's legacy volume grows under 2%.

Capital One experienced a significant 26% increase in purchase volume, highlighting strong growth in its recent franchise acquisition. In contrast, the legacy Discover card volume saw minimal growth, rising less than 2%. This disparity underscores the impact of Capital One's strategic moves and the relative stagnation of Discover's older portfolio. Investors may view this as a sign of Capital One's expanding market influence and the challenges facing Discover's legacy assets.