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Discover Rolls Out New Shopdiscover Website Design Featuring Merchant Coupons And Increased User Functionality

November 16, 2011

RIVERWOODS, Ill., Nov 16, 2011 (BUSINESS WIRE) -- Discover today unveiled its newly redesigned ShopDiscover website, an online shopping portal that rewards cardmembers 5% to 20% Cashback Bonus year-round on purchases at top online retailers such as Dell, Lowe's, BestBuy.com and Macy's. These rewards are in addition to the up to 1% Cashback Bonus Discover cardmembers automatically receive on every purchase.

As part of the redesign, Discover cardmembers now have the ability to search for and use merchant coupons, taking advantage of additional savings on top of their Cashback Bonus rewards earned through ShopDiscover. Additional innovative features include enhanced product search functionality, new merchant landing pages, travel deals, a homepage that will host local Groupon deals, and much more.

"We've added new features and functionality to ShopDiscover to streamline the online shopping experience so Discover cardmembers can find the best deals on the web, whether they prefer to shop by merchant or product," said Brian Meier, marketing director for Discover. "From providing the opportunity to couple coupons with Cashback Bonus, to having the ability to mark a favorite retailer on the site, we're confident our cardmembers' shopping experience will be worth the visit for making online purchases."

Since its launch in 2006, ShopDiscover has grown to more than 200 participating merchant retailers, offering an easy way for Discover cardmembers to accelerate the rewards they earn on their purchases. The popular online shopping destination site continues to experience dynamic growth reporting a 30% annual increase in visitors that has led to a significant gain in year-over-year sales.

Discover cardmembers interested in visiting the site simply need to log into the Account Center at http://www.discover.com, link to a retailer's site through ShopDiscover and make a purchase. There is no spending limit, and the additional Cashback Bonus will be applied automatically to their Cashback Bonus account.

About Discover

Discover Financial Services (NYSE: DFS) is a direct banking and 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 personal and student loans, online savings accounts, certificates of deposit and money market accounts through its Discover Bank subsidiary. Its payment 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 more than 185 countries and territories. For more information, visit http://www.discoverfinancial.com.

SOURCE: Discover Financial Services

Discover Financial Services
Laura Gingiss, 224-405-0185
lauragingiss@discover.com
or
Katie Henry, 224-405-4437
kathrynhenry@discoverfinancial.com