Cardmembers Can Now Redeem Rewards for Any Amount, Anytime
RIVERWOODS, Ill.--(BUSINESS WIRE)--Nov. 19, 2014--
Discover now makes it easier than ever for cardmembers to get their CashBack
Bonus® whenever they want at any amount. In addition, CashBack
Bonus rewards will never expire.
Giving our cardmembers easier access to their rewards echoes Discover’s
commitment to help our cardmembers get more value from their credit
card. Cardmembers can now redeem their Cashback Bonus for as
little as a penny in the following ways:
-
Apply rewards to their statement balance
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Deposit rewards directly into their bank accounts
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Purchase items directly from several online partners
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Make charitable donations
And, rather than have rewards forfeited at account closure or for
inactivity, we'll credit the cardmember's account with their Cashback
Bonus balance.
“We know our customers want the most rewards possible, but equally
important is their ability to use them when they want,” said Heather L.
Roche, vice president of rewards at Discover. "We are excited to give
our cardmembers more redemption flexibility."
Since 1986, when Discover was the first company to offer cashback
rewards, cardmembers have earned over $12 billion in Cashback Bonus.
Apart from the more flexible redemption program, another way Discover
taps in to consumer needs is that it was the first major credit card
company to provide its customers with free FICO® Credit
Scores on monthly billing statements and online.
This document contains forward-looking statements that speak only as
of the date on which they are made and are subject to risks and
uncertainties that may cause actual results to differ materially, as
described in the Company's Annual Report on Form 10-K, Quarterly Reports
on Form 10-Q and Current Reports on Form 8-K, which are available at www.sec.gov
and www.discoverfinancial.com.
The Company does not undertake to update or revise forward-looking
statements as more information becomes available.
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 issues
the Discover card, America’s cash rewards pioneer, and offers home
loans, private student loans, personal loans, home equity loans,
checking and savings accounts, certificates of deposit and money market
accounts through its direct banking business. It operates the 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
Abbe Kalina, 224-405-5175
abbekalina@discover.com