Discover Makes Permanent Changes to Travel Card That Provide More Ways to Earn Rewards
23 Luglio 2020 - 4:00PM
Business Wire
Restaurants and gas stations added as
redemption categories for Discover it® Miles cardmembers
As COVID-19 reshapes what travel looks like now and in the
future, Discover today announced a permanent change to its travel
credit card that offers cardmembers more flexibility, value and
ways to redeem rewards.
Discover it® Miles cardmembers can redeem their Miles as a
statement credit toward travel purchases that now include
restaurants and gas stations. Customers can also redeem those Miles
for Cash or at checkout at Amazon.com1 or with PayPal™2 to cover
costs beyond traditional travel categories. The expanded travel
credit will be applied to all transactions posted on or after June
9, 2020.
“The pandemic has transformed the way customers travel and we
are making changes to our travel credit card to reflect that,” said
Meera Sridharan, Vice President of Rewards and Product Strategy at
Discover. “The Discover it® Miles card has expanded redemption
categories to be more relevant to customers who are rethinking ways
to travel while continuing to provide a simple way to earn rewards
on every purchase.”
The Miles card will continue to offer unlimited 1.5x Miles on
all purchases, as well as free security alerts3 with no annual
fee4. Rewards never expire and cardmembers can redeem their rewards
in any amount, at any time5. And new Discover it® Miles cardmembers
will automatically get an unlimited match of all the Miles they
have earned at the end of their first year6.
For more information on the Discover it® Miles card, visit
www.discover.com/travelinfo.
About Discover
Discover Financial Services (NYSE: DFS) is a digital 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 and certificates of deposit
through its banking business. It operates the Discover Global
Network comprised 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 around the world. For more
information, visit www.discover.com/company.
1 Use Rewards at Amazon.com: For complete details on how to Pay
with Cashback Bonus at Amazon.com see Amazon.com/CashbackBonus.
Amazon is not a sponsor of this promotion. Amazon, the Amazon.com
logo and the smile logo are trademarks of Amazon or its affiliates.
2 Use Rewards with PayPal: For complete details on how to Pay with
Cashback Bonus with PayPal see PayPal.com/Discover. Pay with
Rewards will be available for eligible credit cards on eligible
purchases. All reward redemptions are subject to Discover’s reward
program terms. 3 Discover® Identity Alerts are offered by Discover
Bank at no cost, only available online, and currently include the
following services: (a) daily monitoring of your Experian® credit
report and an alert when a new inquiry or account is listed on your
report; (b) daily monitoring of thousands of Dark Web sites known
for revealing personal information and an alert if your Social
Security number is found on such a website. This information is
intended for, and only provided to, Primary credit cardmembers
whose accounts are open, in good standing and have an email address
on file. The Primary cardmember must agree online to receive
identity alerts. Identity alert services are based on Experian
information and data which may differ from information and data at
other credit bureaus. Monitoring your credit report does not impact
your credit score. This benefit may change or end in the future.
Discover Bank is not a credit repair organization as defined under
federal or state law, including the Credit Repair Organizations
Act. To see a list of Frequently Asked Questions, visit
discover.com/freealerts. 4 Intro purchase APR is 0% for 14 months
from date of account opening then the standard purchase APR
applies. Intro Balance Transfer APR is 10.99% for 14 months from
date of first transfer, for transfers under this offer that post to
your account by October 10, 2020 then the standard purchase APR
applies. Standard purchase APR: 11.99% variable to 22.99% variable,
based on your creditworthiness. Cash APR: 24.99% variable. Variable
APRs will vary with the market based on the Prime Rate. Minimum
interest charge: If you are charged interest, the charge will be no
less than $.50. Cash advance fee: Either $10 or 5% of the amount of
each cash advance, whichever is greater. Balance transfer fee: 3%
Intro fee on balances transferred by October 10, 2020 and up to 5%
fee for future balance transfers will apply. Annual Fee: None.
Rates as of June 30, 2020. We will apply payments at our
discretion, including in a manner most favorable or convenient for
us. Each billing period, we will generally apply amounts you pay
that exceed the Minimum Payment Due to balances with higher APRs
before balances with lower APRs as of the date we credit your
payment. 5 Miles Never Expire: We will credit your account with
your rewards balance if your account is closed or has not been used
in 18 months. See Miles Terms and Conditions for details. 6 Only
from Discover, as of May 2020. We'll match all the Miles rewards
you've earned on your credit card from the day your new account is
approved through your first 12 consecutive billing periods or 365
days, whichever is longer, and add it to your rewards account
within two billing periods. You've earned Miles rewards only when
they're processed, which may be after the transaction date. We will
not match: rewards that are processed after your match period ends;
statement credits; rewards transfers from Discover checking or
other deposit accounts; or rewards for accounts that are closed.
This promotional offer may not be available in the future and is
exclusively for new cardmembers. No purchase minimums.
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version on businesswire.com: https://www.businesswire.com/news/home/20200723005163/en/
Jennifer Delgado 224-405-1484 jenniferdelgado@discover.com
@Discover_News
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