The Discover Card is was owned by Morgan Stanley; it is now an independent financial company.
Who owns Discover Financial Services?
Morgan Stanley
1997–2007
Where is Discover card located?
Chicago
Is Discover card a Visa or Mastercard?
Discover is both a credit card issuer and a card network. Visa and Mastercard are networks only. Visa and Mastercard are accepted in more than 200 countries and territories, compared to 185 for Discover.
Is discover owned by Visa?
Discover is the fourth largest credit card brand in the U.S., behind Visa, MasterCard and American Express, with nearly 44 million cardholders.
Discover Card.
| Type | Subsidiary |
|---|---|
| Owner | Discover Financial |
| Parent | Dean Witter Reynolds (1985–1997) Morgan Stanley (1997–2007) Discover Financial (2007–present) |
| Divisions | Discover Bank |