Following Hurricanes Irma and Harvey, Company Expects to Raise
Millions for the American Red Cross with Help from Cardmembers
RIVERWOODS, Ill.--(BUSINESS WIRE)--
Discover Financial Services (NYSE:DFS) announced today an expanded
effort to support the American Red Cross’s disaster relief efforts in
the wake of Hurricane Irma.
The company is pledging $1 million to help support relief efforts for
both Hurricanes Irma and Harvey. The company had already pledged
$500,000 as part of a cardmember donation matching program.
Discover is matching donations dollar-for-dollar up to $1 million for
every cardmember who donates to the American Red Cross using Cashback
Bonus®, or makes a donation with a Discover card. Discover also is
matching every employee donation dollar-for-dollar through its Employee
Giving Program. The company is currently waiving transaction fees on all
credit card donations to the American Red Cross.
“Two major hurricanes in two weeks has had a devastating impact on so
many people in Texas, throughout the Southeast, and in the Caribbean
islands,” said David Nelms, Chairman and CEO of Discover. “Our
cardmembers and employees have been supporting relief efforts for those
affected by Hurricane Harvey and I'm pleased that Discover is now
expanding our support to also support those affected by Hurricane Irma.”
Discover cardmembers wishing to donate to the American Red Cross using
their Discover card can visit www.redcross.org/donate/cm/discover-pub.
To donate using Cashback Bonus, Discover cardmembers can visit www.discover.com
and log onto their account center.
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 equity loans, checking and savings
accounts and certificates of deposit 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.
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Source: Discover Financial Services