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Press release from Business Wire

Discover Cardmembers Earn 5% Cashback Bonus® on Department Store and Online Shopping Purchases

<p class='bwalignc'> <i><b>Enhanced online and mobile experiences make holiday shopping faster and easier</b></i> </p>

Monday, October 29, 2012

Discover Cardmembers Earn 5% Cashback Bonus® on Department Store and Online Shopping Purchases07:55 EDT Monday, October 29, 2012 RIVERWOODS, Ill. (Business Wire) -- As cooler temperatures begin to blanket the nation, Discover is keeping its cardmembers' pocketbooks insulated with extra Cashback Bonus this holiday season. Accessing and using that Cashback Bonus has never been easier with enhanced online and mobile options designed to help make holiday shopping more rewarding and convenient. From Oct. 1 – Dec. 31, 2012, Discover cardmembers can earn 5% Cashback Bonus on up to $1,500 in department store and online shopping purchases. Cardmembers can shop online to book holiday travel, buy gifts for friends and family, and shop for essentials while earning 5% Cashback Bonus. Upon reaching the spending limit, cardmembers still earn CashbackBonus on all other purchases automatically. Signing up is always free and easy; cardmembers simply can go to Discover.com or call 1-800-DISCOVER (347-2683). Once enrolled, Discover cardmembers can stock up on holiday essentials and earn that 5% Cashback Bonus at places like Amazon.com. They also can Pay with Cashback Bonus directly at point-of-sale at Amazon.com, providing a convenient way for cardmembers to immediately use their rewards. They can use as much or as little as they like, knowing that one dollar of Cashback Bonus equals one dollar to spend on eligible purchases at Amazon.com. Discover also is offering Free One-Day shipping on selected Amazon products to anywhere in the continental U.S., from Nov. 1 – Dec. 15, 2012. ShopDiscover, the exclusive online shopping portal featuring more than 200 top retailers, also will up the ante this holiday season by highlighting 70+ merchants come Nov. 1 that will increase Cashback Bonus amounts. This includes popular online retailers such as: Crateandbarrel.com – 10% Cashback Bonus (up from 5%) Landsend.com – 10% Cashback Bonus (up from 5%) Nike.com – 15% Cashback Bonus (up from 10%) TheNorthFace.com – 15% Cashback Bonus (up from 10%) Just in time for the holiday season, ShopDiscover will be accessible on cardmembers' iPads, so they can quickly and easily browse valuable merchant offers on the go. For a complete list of merchants offering between 5% - 20% Cashback Bonus, please visit ShopDiscover.com or download the Discover app to a smartphone or iPad. “Each year the rewards continue to get better and better for our cardmembers,” said Dana Traci, vice president of rewards at Discover. “We continue to offer a variety of ways for cardmembers to build their Cashback Bonus quickly. But this year, we're focused on making the entire shopping experience a little less stressful, both online and on the go. Whether cardmembers are using their iPads to browse merchant offers on ShopDiscover or redeeming for Partner e-certificates via mobile phone, we've got cardmembers' shopping needs covered this holiday season.” For more information about Discover's rewards programs, please 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 operates the Discover card, America's cash rewards pioneer, and offers home loans, private student loans, personal loans, online savings accounts, certificates of deposit and money market accounts through its direct banking business. 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. DiscoverKatie Henry224-405-4437kathrynhenry@discover.comorDiscoverLaura Gingiss224-405-0185lauragingiss@discover.com