# Is Chase Owned by Capital One? The Relationship Explained
No — Chase is not owned by Capital One. They are completely separate, competing banks. In fact, they're rivals for the same credit card and banking customers. Here's why the confusion exists, who actually owns each bank, and how the two compare.
Direct Answer: No Affiliation Whatsoever
| Chase | Capital One | |
|---|---|---|
| Parent company | JPMorgan Chase & Co. | Capital One Financial Corporation |
| Founded | 1799 (as Bank of the Manhattan Company) | 1994 |
| Ownership | Publicly traded (NYSE: JPM) | Publicly traded (NYSE: COF) |
| Assets (2025) | ~$3.9 trillion | ~$480 billion |
| Headquarters | New York, NY | McLean, VA |
Chase is the consumer and commercial banking division of JPMorgan Chase & Co., one of the largest financial institutions in the world. Capital One Financial Corporation is an entirely independent company — a Fortune 500 company traded separately on the New York Stock Exchange.
Neither company owns, controls, or has any corporate affiliation with the other.
Why Do People Think They're Related?
A few reasons create this misconception:
1. Similar product names
Both offer credit cards with tiered rewards programs. Seeing "Chase Sapphire" and "Capital One Venture" in the same credit card comparison article can blur into a sense they're from the same family.
2. Both are major credit card issuers
Chase and Capital One are two of the top five credit card issuers in the US by purchase volume. They appear side-by-side in every "best credit cards" list, creating a mental association.
3. Customer service routing confusion
People who have accounts at both banks occasionally mix up which phone number belongs to which bank — both have similar 1-800 numbers and IVR systems.
4. Capital One's aggressive marketing
Capital One's "What's in Your Wallet?" campaigns have made it one of the most recognized banking brands in the US. That visibility sometimes creates the impression it's a bigger or more established institution than it is — leading to false assumptions about ownership.
Who Actually Owns Chase?
Chase is the retail and commercial banking brand of JPMorgan Chase & Co. (NYSE: JPM).
JPMorgan Chase is the result of multiple bank mergers over two centuries:
- Chase Manhattan Bank + J.P. Morgan & Co. merged in 2000
- Bank One was acquired in 2004
- Washington Mutual was acquired in 2008 (during the financial crisis)
Today, JPMorgan Chase is the largest US bank by assets, serving over 80 million customers. "Chase" is the consumer-facing brand; "J.P. Morgan" is the investment banking and wealth management brand.
Who Owns Capital One?
Capital One Financial Corporation is an independent, publicly traded company (NYSE: COF). It was founded in 1994 by Richard Fairbank and Nigel Morris, originally as a division of Signet Banking Corporation, which they spun out and took public.
Capital One grew rapidly by pioneering data-driven credit card marketing. It's now the 10th-largest US bank by assets and one of the top credit card issuers, but it remains entirely independent — not a subsidiary of any other financial institution.
Note: As of 2024, Capital One has a pending acquisition of Discover Financial Services pending regulatory approval. Even if completed, this would make Capital One larger — it would not result in Capital One being acquired by or affiliated with Chase.
How Do Chase and Capital One Actually Compare?
Since people searching "is Chase owned by Capital One" are often trying to choose between the two, here's the fast comparison:
Credit Cards
| Chase | Capital One | |
|---|---|---|
| Best rewards card | Chase Sapphire Reserve (3x travel, 1x other) | Venture X (2x on everything) |
| Annual fee | $550 (Sapphire Reserve) | $395 (Venture X) |
| Transfer partners | United, Hyatt, Southwest, BA, etc. | Air Canada, Turkish Airlines, TAP, etc. |
| Flat-rate cash back | Chase Freedom Unlimited (1.5%) | Quicksilver (1.5%) |
| Best for beginners | Chase Freedom Flex (rotating 5%) | Quicksilver (no annual fee) |
Chase wins for: Travel rewards, especially if you fly United or stay at Hyatt
Capital One wins for: Simplicity, flat-rate earn, and good transfer partners for international travel
Banking
| Chase | Capital One | |
|---|---|---|
| Checking accounts | Chase Total Checking (monthly fee unless waived) | 360 Checking (no fee, no minimum) |
| Savings APY | ~0.01% standard | ~4.35% (360 Performance Savings, online) |
| ATM network | 15,000+ Chase ATMs | 70,000+ fee-free ATMs (Allpoint + MoneyPass) |
| Physical branches | 4,700+ nationwide | ~300 Capital One Cafés + traditional branches |
| Best for | Day-to-day banking with branch access | High-yield savings, fee-free accounts |
Who Should Choose Which?
- Choose Chase if: You want a full-service bank with widespread branch access, strong credit card rewards through the Chase Ultimate Rewards ecosystem, or you fly United Airlines.
- Choose Capital One if: You want a higher savings rate, no-fee checking, or a simpler flat-rate credit card without the complexity of transfer partner ecosystems.
FAQ
Are Chase and Capital One affiliated in any way?
No. They are separate, competing public companies with different parent corporations and no shared ownership, management, or corporate structure.
Did Capital One buy Chase?
No. Capital One has never acquired Chase, and there are no pending or historical acquisition attempts between the two companies.
Is J.P. Morgan the same as Chase?
J.P. Morgan and Chase are both brands owned by JPMorgan Chase & Co. Chase is the consumer/retail banking brand; J.P. Morgan is the wealth management and investment banking brand.
Which bank is bigger, Chase or Capital One?
Chase (JPMorgan Chase & Co.) is significantly larger — approximately $3.9 trillion in assets vs. Capital One's ~$480 billion.
Can I have accounts at both Chase and Capital One?
Yes. Many customers hold accounts at both — common example: a Chase checking account for day-to-day banking and a Capital One 360 Performance Savings account for its higher interest rate.
Bottom Line
Chase and Capital One are independent, competing banks — not affiliated in any way. Chase is the consumer brand of JPMorgan Chase & Co., the largest US bank. Capital One is its own publicly traded company, the 10th-largest US bank by assets.
For a full side-by-side breakdown — credit card rewards, banking fees, APYs, and which is better for your situation — see our Capital One vs Chase comparison.
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