Capital One could soon become the country’s largest credit card company after the Federal Reserve’s Board of Governors and the Office of the Comptroller of the Currency approved an acquisition and merger with Discover Card Services in an all-stock deal.

This development would give Capital One more opportunity to compete against banks that issue credit cards, including JPMorgan Chase and Bank of America.

According to CNN, “In signing off on the deal, the Fed announced it entered into a consent order with Discover and charged Discover a $100 million penalty “for overcharging certain interchange fees from 2007 through 2023.”