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Discover Doubles Cash Rewards For New Discover It® Cardmembers After First Year

June 01, 2015

Available to New Cardmembers Who Apply by July 31, 2015

RIVERWOODS, Ill.--(BUSINESS WIRE)--Jun. 1, 2015-- Discover is stepping up with another cash rewards innovation. Starting today, Discover is extending an exclusive offer to new Discover it® cardmembers that doubles all of the cash rewards they’ve earned at the end of their first year for accounts that are open at the time of doubling. There are no limits on how much a cardmember can earn, and they can redeem in any amount, any time, and their rewards never expire.1

“This is a great way for new cardmembers to test drive Discover and experience the generous rewards and industry-recognized customer service,” said Ryan Scully, vice president of marketing. “These new cardmembers will also enjoy more-recent enhancements available to all of our customers.”

In addition to having no annual fee2 on its cards, Discover continues to offer benefits that help consumers protect themselves from fraud and view their FICO® Credit Score. In April, Discover introduced Freeze ItSM an on/off switch that cardmembers access on their mobile app and online to prevent new purchases, cash advances and balance transfers in seconds if they misplace their card. Last year, Discover was the first major credit card to give cardmembers their FICO® Credit Scores for free on monthly statements and online.3

“Discover has a rich history of giving rewards to cardmembers in a way that offers real value,” Scully said. “Doubling cash back complements other recent innovations that customers genuinely want.”

To learn more about Discover, visit: www.discover.com

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 private student loans, personal loans, home 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.discover.com/company.

1 We will credit your account with your Cashback Bonus balance if your account is closed or if you have not used it within 18 months.

2 0% intro purchase APR and balance transfers for 12 months; then variable 10.99%-22.99%. Cash advance APR variable 24.99%. Call 1-800-DISCOVER for details about credit costs and terms.

3 Your FICO® Credit Score is based on data from TransUnion and may be different from other credit scores. Limitations apply to the free FICO® Credit Score benefit. See Discover.com/FICO to learn more. FICO is a registered trademark of the Fair Isaac Corporation in the United States and other countries.

Source: Discover Financial Services

Media Contact
Discover
Derek Cuculich
224-405-0665
derekcuculich@discover.com