Big Changes to Capital One, Aeroplan & U.S. Bank

Big Changes to Capital One, Aeroplan & U.S. Bank

Financial Services
Aug 16, 2026

Capital One’s Discover takeover is starting to have real consequences for cardholders, from new perks and account integrations to potential shutdown risk for people already on Capital One’s bad side. We also break down Aeroplan’s $2.5 billion minority investment from Blackstone, why I’m not panicking about another devaluation yet, U.S. Bank finally adding airline and hotel transfer partners, plus Bilt’s latest collections mess and a few worthwhile travel deals. Overall, there are a lot of moving pieces in the points and credit card world right now, and some of them could materially change how you use your cards and points.

Timeline
0:00 Start Here
0:17 Bilt Collections
1:53 Capital One x Discover
5:48 Lightning Round
11:01 Aeroplan x Blackstone
14:50 US Bank Adds Transfer Partners