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Discover Helps Make The Holidays More Rewarding For Cardmembers

November 10, 2010

Cardmembers Will Enjoy Double Cashback® Bonus for All Online Purchases, Opportunities to Redeem for Merchandise and Experiences, and Increased Cashback Bonus Offers from Top Online Retailers

RIVERWOODS, Ill., Nov 10, 2010 (BUSINESS WIRE) -- With the holidays just weeks away and in time for Black Friday and Cyber Monday, Discover is announcing extra cardmember benefits to provide gift buyers with greater value when they use their Discover cards this season.

Starting November 15, Discover cardmembers will earn Double Cashback® Bonus (2 percent) on up to $1,000 in holiday purchases on any online shopping through December 31. And because Discover Cardmembers are always earning Cashback Bonus on every purchase they make, once they reach the $1,000 spending limit, they will still automatically earn up to 1% Cashback Bonus. Discover cardmembers can quickly and easily enroll in the Double Cashback Bonus program at Discover.com or by calling 1-800-DISCOVER (347-2683).

Other ways Discover is rewarding cardmembers and helping them to maximize their holiday spending include:

  • 5% Cashback Bonus: Discover Cardmembers have the opportunity to earn 5% Cashback Bonus in rotating categories throughout the year. From October through December, cardmembers can earn 5% Cashback Bonus on up to $300 in purchases at restaurants, department stores and clothing stores. Cardmembers can enroll at Discover.com or by calling 1-800-DISCOVER (347-2683).
  • Increased Cashback Bonus at ShopDiscover: Discover cardmembers already enjoy earning 5%-20% Cashback Bonus on purchases made through ShopDiscover, Discover's exclusive online shopping mall featuring more than 150 top retailers. Starting November 11, more than 65 ShopDiscover retailers will increase the Cashback Bonus amount they offer by 5%, with partners such as Dell, Sears and Lands' End offering 10% Cashback Bonus for a limited time. Many others will offer free shipping on merchandise purchased through the site.
  • Expanded Redemption Options: Discover recently announced an expansion to its rewards program to include more ways for cardmembers to redeem their Cashback Bonus, including the ability to redeem for brand-name merchandise. During the holidays, Discover cardmembers will experience the addition of even more merchandise, including popular consumer electronics such as Wii Bundles, iPods, Blu-ray Disc Players and HD Camcorders - all delivered with no shipping fees. Cardmembers also will be able to redeem their Cashback Bonus rewards for exclusive experiences, including the ability to purchase 2011 Discover Orange Bowl tickets that include exclusive cardmember experiences surrounding the game.

"Discover has a rich tradition of rewarding our cardmembers and helping them to do more with their holiday gift budgets," said Julie Loeger, senior vice president of rewards and brand management at Discover. "Whether cardmembers want to use their Cashback Bonus for merchandise, partner gift cards, a unique experience or a charitable donation, Discover is offering incredible value and choice for everyone's holiday wish list."

To learn more about the many ways Discover Cardmembers can increase their Cashback Bonus rewards this holiday season, visit www.ItPaystoDiscover.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
Laura Gingiss
Discover
lauragingiss@discover.com
(224) 405-0185