Discount and interchange fees, net
Capital One Financial Discount and interchange fees, net increased by 1.8% to $1.96B in Q1 2026 compared to the prior quarter. Year-over-year, this metric grew by 60.6%, from $1.22B to $1.96B. Over 4 years (FY 2021 to FY 2025), Discount and interchange fees, net shows an upward trend with a 13.7% CAGR. This is a positive signal — higher values indicate stronger performance for this metric.
Analysis
How to read this metric
An increase indicates higher transaction volumes or improved pricing power in payment processing, while a decrease suggests lower consumer spending or increased network costs.
Detailed definition
This represents the net revenue earned from processing payment transactions, primarily through credit and debit card net...
Peer comparison
Common for credit card issuers and payment processors; benchmarks against peers depend on card portfolio size and transaction volume.
other_interchange_fees_netHistorical Data
| Q2 '21 | Q3 '21 | Q4 '21 | Q1 '22 | Q2 '22 | Q3 '22 | Q4 '22 | Q1 '23 | Q2 '23 | Q3 '23 | Q4 '23 | Q1 '24 | Q2 '24 | Q3 '24 | Q4 '24 | Q1 '25 | Q2 '25 | Q3 '25 | Q4 '25 | Q1 '26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Value | $1.02B | $1.02B | $1.01B | $1.03B | $1.20B | $1.20B | $1.18B | $1.14B | $1.21B | $1.23B | $1.21B | $1.15B | $1.25B | $1.23B | $1.26B | $1.22B | $1.48B | $1.81B | $1.93B | $1.96B |
| QoQ Change | — | +0.6% | -1.7% | +2.8% | +16.3% | -0.5% | -1.5% | -3.2% | +6.5% | +1.7% | -2.2% | -5.1% | +9.1% | -1.7% | +2.6% | -2.9% | +20.9% | +22.6% | +6.5% | +1.8% |
| YoY Change | — | — | — | — | +18.2% | +16.9% | +17.1% | +10.3% | +1.0% | +3.3% | +2.5% | +0.5% | +3.0% | -0.5% | +4.4% | +6.8% | +18.3% | +47.6% | +53.2% | +60.6% |
Discount and interchange fees, net at Other Companies
Frequently Asked Questions
- What is Capital One Financial's discount and interchange fees, net?
- Capital One Financial (COF) reported discount and interchange fees, net of $1.96B in Q1 2026.
- How has Capital One Financial's discount and interchange fees, net changed year-over-year?
- Capital One Financial's discount and interchange fees, net increased by 60.6% year-over-year, from $1.22B to $1.96B.
- What is the long-term trend for Capital One Financial's discount and interchange fees, net?
- Over 4 years (2021 to 2025), Capital One Financial's discount and interchange fees, net has grown at a 13.7% compound annual growth rate (CAGR), from $3.86B to $6.44B.
- What does discount and interchange fees, net mean?
- Net revenue generated from processing card transactions after accounting for network and interchange costs.