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Discover Spreads Holiday Cheer By Providing More Value To Cardmembers This Holiday Season

November 09, 2011

Cardmembers Enjoy 5% Cashback Bonus® on Fashion and Restaurants,
Increased Cashback Bonus Offers from Top Online Retailers,
and the Option to Pay with Cashback Bonus on Amazon.com

RIVERWOODS, Ill., Nov 09, 2011 (BUSINESS WIRE) -- It's that time of year again when Discover rewards its loyal cardmembers with more Cashback Bonus® opportunities to help save money during the holiday season.

Discover is starting its gift-giving early this year as the company recently announced a new program with Amazon.com that offers cardmembers Double (2%) Cashback Bonus on up to $250 in purchases each billing period through the end of 2011 at Amazon.com. Discover cardmembers can also pay with Cashback Bonus directly at check-out when they link their card to their Amazon account. This new option allows cardmembers to use their rewards - in a dollar-for-dollar exchange - to get millions of items, when they want them, without having to leave the Amazon site.

Other ways Discover is rewarding cardmembers with clear value this holiday season include:

"Since 1986, Discover has awarded more than $8 billion in Cashback Bonusto cardmembers, and the holiday season is a great time to thank them for their loyalty," said Dana Traci, vice president of rewards and product management at Discover. "Our cardmembers will receive more value from their holiday shopping when they use their Discover cards this season. They can take advantage of rewards by earning extra Cashback Bonus through ShopDiscover, paying with Cashback Bonus on Amazon.com, or redeeming it for high-value partner gifts cards."

To learn more about these Cashback Bonus opportunities, visit Discover.com/cashbackbonus.

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

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Laura Gingiss, (224) 405-0185
lauragingiss@discover.com
or
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Katie Henry, (224) 405-4437
kathrynhenry@discover.com