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Celebrate The Ways It Pays To Discover This Holiday Season

November 16, 2009
Discover cardmembers can earn extra Cashback Bonus® for all online purchases

RIVERWOODS, Ill.--(BUSINESS WIRE)--Nov. 16, 2009-- Discover® card today announced a variety of ways Discover Cardmembers can take advantage of extra cash rewards when shopping this holiday season, including the opportunity to earn Double Cashback Bonus on all online purchases, as well as at department stores, jewelry and apparel retailers.

“Rather than rewards points that don’t offer the same redemption value, Discover cardmembers can redeem their Cashback Bonus dollar for dollar,” said Julie Loeger, senior vice president of rewards and brand management at Discover. “With the Cashback Bonus program, redemption is simple and Discover cardmembers always know the true value of what they are redeeming.”

Additionally, Discover is offering cardmembers the following:

Greater Cashback Bonus: Discover More cardmembers can earn 5% Cashback Bonus on up to $400 in restaurant, movie and grocery store purchases through December 31.

Increased Online Rewards: Holiday shoppers who use Discover card’s exclusive online shopping mall, ShopDiscover, for their online purchases can:

  • Earn 5% to 20% Cashback Bonus or Double Miles
  • Shop at over 150 top online retailers
  • For a limited time receive additional holiday Cashback Bonus at over 35 retailers such as Macy’s, Kohls, and Best Buy
  • Enjoy weekly specials, including free shipping, must-have gifts, discounts, exclusive offers and more, through ShopDiscover's Hot Deals page

Enhanced Redemption Options: Discover Cardmembers always have benefited from a cash rewards program that allows them to redeem their Cashback Bonus for even bigger rewards with more than 100 brand-name partners. In addition to partner gift cards, Discover Cardmembers can redeem their Cashback Bonus for popular merchandise such as the Nintendo Wii, Playstation 3 and Apple iPod.

“Discover is currently the only issuer to offer its cardmembers the entire online category as an opportunity for additional cash rewards,” said Loeger. “That, coupled with department, jewelry and apparel retailers, should help many of our cardmembers make their money worth more this holiday, which we know is critically important.”

To enroll in the Double Cashback Bonus Program or 5% Cashback Bonus Program, cardmembers should log into the Account Center at www.Discover.com.

To see how Discover Cardmembers are using their Cashback Bonus, visit our “I Love Cashback Bonus” blog at: http://cashbackconnection.wordpress.com/.

About Discover

Discover Financial Services (NYSE: DFS) is a leading credit card issuer and electronic payment services company with one of the most recognized brands in U.S. financial services. Since its inception in 1986, the company has become one of the largest card issuers in the United States. The company operates the Discover card, America's cash rewards pioneer, and offers student and personal loans, as well as savings products such as certificates of deposit and money market accounts. Its payments businesses consist of Discover Network, with millions of merchant and cash access locations; PULSE, one of the nation's leading ATM/debit networks; and Diners Club International, a global payments network with acceptance in 185 countries and territories. For more information, visit www.discoverfinancial.com.

Source: Discover

Media Contact
Mai Lee Ua
Discover
maileeua@discover.com
(224) 405-3082