Back

Discover Jumps Into Spring With More Cashback Bonus® And Rewarding Experiences

April 09, 2012

Discover Cardmembers Earn an Extra 5% on Restaurants, Movies and Groceries

RIVERWOODS, Ill.--(BUSINESS WIRE)--Apr. 9, 2012-- Discover today announced it has introduced several new rewarding ways for cardmembers to earn Cashback Bonus® this spring that will help to cut costs on restaurant and movies purchases.

Starting April 1 through June 30, Discover Cardmembers visiting the online Account Center or calling 1-800-DISCOVER (347-2683), can sign up to earn 5% Cashback Bonus on up to $1500 in restaurant and movie purchases. As an added bonus, Discover Cardmembers also can sign up to earn 5% Cashback Bonus on up to $300 in grocery store purchases from May 1 through May 31. After reaching these spending limits, cardmembers will still automatically earn up to 1% Cashback Bonus on all purchases every time they use their cards.

On top of giving cardmembers the potential to earn up to $90 in additional Cashback Bonus during its second quarter of rotating categories, Discover is also leveraging its retail partnerships to increase the cardmember rewards experience, including:

  • Redeem for Hot Deals & Exclusives: As travel season starts to heat up, Discover is offering access to vacation getaway packages. From a two-night stay at Las Vegas’ Bellagio hotel, to an all-inclusive four-night stay in Cancun, the options for cardmembers to redeem their Cashback Bonus are hard to resist. Those wanting to plan a fun, family-friendly adventure can book travel for a four-night stay in Orlando that will give them access to theme park passes for area attractions such as Universal Studios, Disney Park Hopper or Sea World.
  • New Redemption Partners: Discover already boasts more than 150 brand name partner gift cards for which cardmembers can redeem their Cashback Bonus for increased value. This quarter, Discover plans to add Domino’s Pizza, QVC, Under Amour, Aerie and 77 Kids to the plethora of redemption partners for even greater savings.
  • ShopDiscover: Discover Cardmembers already enjoy earning 5% to 20% Cashback Bonus on purchases made through ShopDiscover, Discover’s exclusive online shopping portal featuring more than 200 top retailers. Several top name brands have joined the online retail website. For a complete list visit ShopDiscover.com.

“With our award-winning Cashback Bonus program, we continue to offer meaningful, relevant opportunities for cardmembers to put more money in their pockets,” said Dana Traci, vice president of rewards at Discover. “We know our cardmembers regularly use their cards at restaurants, movies and grocery stores and we’re focused on giving back to them in those categories. This relevancy, coupled with valuable rewards and best-in-class customer experiences, helps us to maintain a leadership position in cash rewards.”

Additionally, Discover has launched a free new iPad App, which was the #1 download in the finance category and made it into the Top 10 of all iPad apps within its first week of introduction. The new Discover iPad app allows cardmembers to securely pay their bill, view transactions and sign up for quarterly Cashback Bonus categories for greater savings potential. They also can instantly redeem their Cashback Bonus and Discover Miles by “swiping” through available mobile merchant redemption partners. The Discover iPad App was part of a trio of technology enhancements that have been recently introduced to cardmembers, which include improved navigation and intuitive design within the smartphone application and mobile website.

For more information about Discover’s Cashback Bonus program and to sign up, please visit Discover.com or call 1-800-DISCOVER (347-2683).

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 www.discoverfinancial.com.

Source: Discover Financial Services

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