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Discover Financial

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every debit card purchase, online bill payment, and check written. Additionally in this same year, the Discover it card was announced. The card rewards cardmembers with 5% cash back in rotating categories each quarter like gas and restaurants. Discover also introduced Discover Home Equity Loans, offering homeowners the opportunity to simplify their finances inclusive of supporting home improvement projects, paying for major expenses, or consolidating debt into a single, fixed monthly payment. Discover also became the first major credit card issuer to provide free access to FICO Credit Scores based on TransUnion data directly to its cardmembers on their monthly statements. Additional information provided with their FICO Credit Scores were educational content to help them better understand their scores.
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waives the first eligible fee each calendar year for certain Discover accounts. Eligible fees included in the program were inclusive of insufficient funds, stop payment, excessive withdrawal and Money Market minimum balance fees. For its U.S.-based employees, DFS launched the Discover College Commitment, which offers employees a full ride bachelor's degree program covering tuition, required fees, books, and supplies to select online degrees. On September 12, DFS launched the Discover it Business credit card, offering unlimited 1.5% cash back on all purchases, as well as free business and security features.
532:. It was acquired in 1985 and renamed Discover Bank on August 1, 2000. Discover Bank is mainly an online financial institution that offers many financial services such as checking accounts, savings accounts, and money market accounts. However the first and original location of the Greenwood Trust Company on 502 East Market Street is still operating and is the only physical banking location of Discover Bank. Discover Bank operates as a subsidiary of Discover Financial Services and is FDIC insured. 1815: 583:
2014, DFS launched Rewards for Good Grades, rewarding college and graduate students who get at least a 3.0 GPA (or equivalent) a one-time cash reward equal to 1% of the loan amount on each new Discover student loan. In 2015, DFS introduced an interactive tool called FAFSA Assistant to help students and their families get ready to complete the FAFSA. The tool provides individualized tips and guidance based on personal situations.
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closing which were applied to the closing price. On June 12, 2012, Discover began originating mortgages with its launch of Discover Home Loans, offering prime variable- and fixed-rate conventional and FHA home mortgage loans. In 2013, Discover's Home Loans business started offering home equity loans. As of 2023, the only home loans Discover originates are home equity loans and mortgage refinances.
748:. Since 2005, to increase acceptance of its payment cards around the world, Discover has formed several agreements with other payment networks internationally. This allows Discover cardholders to perform transactions while traveling abroad. Vice versa, cardholders of other countries may utilize their cards at U.S. merchants and financial institutions that accept Discover. 271: 254: 237: 220: 197: 485: 648:. Transactions were processed on the Discover Network. Sam's Club exclusively accepted Discover for many years; since November 2006, it has also accepted MasterCard for purchases. In April 2014, Walmart announced that they were ending their relationship with Discover and would begin converting all Discover-branded cards to 718:
In 2019, Discover Financial Services' subsidiary Discover Bank eliminated most fees on all of its deposit products. Additionally, Discover Home Equity Loans surpassed $ 1 billion in funded loans, helping over 20,000 homeowners with their financial goals. DFS also launched contactless cards this year.
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upheld a ruling in Discover's favor that challenged exclusionary policies of Visa and MasterCard, stating that Mastercard and Visa were violating antitrust regulations with anticompetitive practices. Before this ruling, Visa and MasterCard would not allow banks to issue a Discover or American Express
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On June 6, 2012, Tree.com, Inc. completed the sale of substantially all of the operating assets of its Home Loan Center, Inc. business to a wholly owned subsidiary of Discover Financial. In exchange for the assets sold, Discover paid an aggregate of $ 45.9 million including payments made prior to the
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subsidiary called Dean Witter Financial Services Group, Inc. The plan to create a one-stop financial-services center in Sears stores was not as successful as Sears had hoped. Its credit card operations accounted for a loss of $ 22 million in the fourth quarter of 1986, and a loss of $ 25.8 million in
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In 2017, Discover Financial Services launched a free service called Discover Identity Alerts to notify cardmembers if their social security numbers are found on risky websites and if any new accounts are opened on their Experian credit report. All of these services are offered at no cost and do not
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On March 13, 2007, Discover Financial Services announced the Discover Motiva card, the credit card that gives cardmembers cash rewards for making six on-time monthly payments in a row. This card was the industry's first credit card to give cash rewards for good credit management. Later in the year,
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In 2003, Discover introduced gas and miles rewards cards. The Gasoline Card (renamed Open Road in 2007) awarded 5% Cashback Bonus on gas purchases. The Miles Card by Discover card allowed redemption with as little as 2,500 miles for non-flight reward options. Discover also introduced the option for
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payments network. This allowed Pulse and its more than 4,000 member banks, credit unions, and savings institutions to join with the Discover Network's four million merchant and cash access locations. Additionally DFS now had the ability to market and issue debit and ATM cards. On February 13, 2006,
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On September 17, 2010, Discover Financial Services announced it would acquire Citigroup-owned Student Loan Corporation for $ 30/share. The deal was finalized on December 31, renamed Discover Student Loans, and expanded DFS's market presence and origination capabilities in private student loans. In
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approved the transaction and it was finalized on July 1, 2008. Discover stated that the Diners Club network, which is a major network outside the United States, will be merged with the Discover Network, a major network in the United States. The creation of an international network for Discover and
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In 2013, Discover Financial Services and PayPal partnered to enable millions of participating merchants to accept PayPal easily through their existing relationship with Discover. In the same year, Discover Cashback Checking was introduced. This checking account product paid customers 10 cents for
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In 2018, Discover Financial Services announced a change to its checking account rewards program, a new industry-leading reward of 1% cash back on up to $ 3,000 in qualifying debit card purchases each month. Additionally DFS also introduced First Fee Forgiveness, a new program that automatically
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In 2016, Discover Financial Services launched Discover it Secured for consumers looking to build their credit. Additionally, DFS expanded FICO Credit Scores based on TransUnion data for free to everyone via a platform called Credit Scorecard, which also included a summary of the data that helps
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announced Discover would be spun off as a standalone publicly traded company by the end of August 2007, stating that both companies will be better positioned for growth and success as separate entities. Ahead of schedule on June 30, 2007, Discover was spun off as an independent, publicly traded
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In 2006, Discover Network united with Visa, MasterCard, American Express, and JCB to form the Payment Card Industry (PCI) Security Standards Council, which helps to manage the ongoing payment account security throughout the transaction process. In this same year, DFS also launched the Discover
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card if they issued a Visa or MasterCard. Within days of the court ruling, Discover filed a lawsuit in federal court seeking damages from Visa and MasterCard. In October 2008, DFS was awarded $ 2.75 billion in damages, the third largest settlement at the time in U.S. history. Shortly after the
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Business Card, offering a single payment solution for small business owners. On July 14, 2006, DFS and First Data Corp., a global leader in electronic commerce and payment services, announced that First Data would offer Discover Network card services to small- and mid-sized merchants.
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has issued Discover-branded credit cards processed through the Discover Network since its acquisition of card issuer Metris in late 2005. Metris had originally signed an agreement with Discover in September 2005, three months prior to the HSBC acquisition.
985:. Unlike Visa and MasterCard, Discover directly issues its cards as both the card network and associated bank, through its Discover Bank unit. When measured by card balances, Discover is the sixth largest credit card issuer in the U.S. behind 574:
Diners Club cardholders allowed customers to expand their global reach. Diners Club cards will continue to be issued by Diners Club International licensees. At this time, Discover Bank has no plans on issuing Diners Club branded cards itself.
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DFS announced the Discover More card to replace the Discover Platinum card. The Discover More card was designed for consumers who use credit in many different categories and provided them with more ways to earn cash back on their purchases.
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In March 1993, Sears sold off its financial services branch as a new independent publicly traded company called Dean Witter, Discover & Co. with Dean Witter Reynolds in charge. This company had a stock ticker symbol of DWD.
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In September 2012, Discover Financial Services was ordered to pay over $ 200 million in fines and customer reimbursements to settle accusations by U.S. federal regulators that it had engaged in deceptive telemarketing tactics.
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In 2009, Discover Financial Services introduced the Spend Analyzer tool, an innovative easy-to-use online tool that provides cardmembers with a visual representation of their Discover card purchases for the past 24 months.
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In 2002, Discover launched the industry's first keychain credit card. It was named the Discover 2GO Card and was recognized as one of the "Best Products of 2002" by editors and reporters from Business Week and USA Today.
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On December 22, 1998, the company introduced Discover Platinum, a premium card featuring new ways to increase rewards, low balance transfer and annual percentage rates, no annual fee, and expanded credit lines.
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In 2012, Discover Financial Services announced a five year, $ 10 million commitment called Pathway to Financial Success to help bring financial education curriculum to public high schools across the U.S.
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On September 1, 2002, Discover announced that Citibank would accept the Discover® Card for cash advances at its approximately 450 Financial Centers and more than 2,000 ATM locations nationwide.
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In 1995, DiscoverCard.com was launched where consumers could apply for credit cards, pay bills, redeem rewards, receive email reminders, and earn extra rewards through online retail partners.
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partnership with Discover Card. The slogan for the mall was "Where Discover Card is the Smart Choice." It was the first shopping mall to have granted naming rights to interested companies.
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announced that it would divest Discover Financial Services as an independent company within six months. By June, industry sources reported that Morgan Stanley was reassessing its plan to
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In 2017, Discover was named the first ever presenting sponsor and official credit card of the Big Ten Football Conference and Championship Game as part of a multi-year sponsorship.
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In 2010, Discover Financial Services and Softcard announced a strategic partnership to build a mobile payment network that utilizes mobile phones to make point-of-sale purchases.
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to other financial institutions, becoming the first credit card services company to compete directly with MasterCard and Visa in the rapidly growing signature debit market.
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On March 5, 2002, the company announced that the Account Center at Discovercard.com had registered over eight million card members, an increase of 61% since January 2001.
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In 2014, Discover Financial Services launched Discover it Chrome for Students, allowing students to establish credit while earning 2% at gas stations and restaurants.
925:. As part of this deal, Discover offers team- and league-branded credit cards as well as a 10% discount on purchases made from the NHL's online store using Discover. 928:
In 2011 and 2012, Discover participated and won the Grand Marshal award for excellence in creative concept and design in the Tournament of Roses Parade in Pasadena.
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Discover. In August, the company confirmed it would not sell Discover. However, on December 19, 2006, during a fourth quarter earnings report, Morgan Stanley CEO
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On February 1, 1999, the company rebranded itself as Discover Financial Services, Inc. The NOVUS logo was retired, replaced by the Discover Network logo.
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brand in the United States, when measured by cards in force, with nearly 50 million cardholders. Discover is currently headquartered in the
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On December 21, 2001, fourth-quarter income at Discover grew 31% to $ 193 million, compared with $ 147 million the year before.
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In 1989, Discover Network signs its 1 millionth merchant, a restaurant called Vincente's Restaurant in Wilmington, Delaware.
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In 1995, Discover Card Services, Inc. changed its name to NOVUS Services, Inc. to distinguish its network functions from the
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In 2015, Discover Financial Services launched Discover it Miles, which rewards 1.5 miles per dollar spent.
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With these and many other global partnerships, Discover is accepted in 200+ countries and territories.
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ruling, Discover struck its first deal to have its cards issued by another financial institution,
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paperless statements to minimize the impact on the environment and reduce clutter for customers.
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Discover Financial Services has 3 payment systems that make up its Discover Global Network:
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announced its intention to acquire Discover in an all-stock deal worth $ 35.3 billion.
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bought the space. As a result, its logo could be seen on national television during
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From 2011 to 2013, Discover was the sponsor of the college football Orange Bowl.
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The Greenwood Trust Company was founded on August 30, 1911, and was based in
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In the United States, Discover, as a card network, competes primarily with
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In addition to its card products, Discover Financial Services also markets
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company. It began trading on the NYSE for the first time on July 2 as DFS.
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In 2021, Discover Bank originated 14,148 mortgages worth $ 1.3 billion.
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Discover Network official merchant, acquirer, and issuer services site
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Since 2008, Discover has been the official credit-card partner of the
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Discover and Novus retired acceptance mark (still seen in many places)
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In 2013, Discover was the sponsor of the BCS National Championship.
674:, Discover received about $ 1.2 billion in bailout funds under the 2232: 2111: 2096: 791: 483: 459: 246: 116: 1316:"Discover Completes Acquisition of the Student Loan Corporation" 655: 1883: 1439: 1413: 2512: 1318:(Press release). Discover Financial Services. January 11, 2011 1847: 1033:. U.S. Securities and Exchange Commission. February 23, 2024 569:
network from Citigroup for $ 165 million. In May 2008, the
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In 1997, this company merged with investment banking house
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to become Morgan Stanley Dean Witter, Discover & Co.
1480:"Wal-Mart taps MasterCard for store-branded credit card" 1053:"Discover Financial Services - Company Profile and News" 1763:. CreditCards.com, June 22, 2016. Retrieved 2016-11-28. 1662:
Metro Business; Discover Is Sponsor For Year 2000 Event
1344:(Press release). Tree.com. June 7, 2012. Archived from 1649:"International Credit Card Acceptance | Discover" 883:
From 1998 to 2007, Discover Card owned a billboard at
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DFS announced that it would begin offering Discover
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Discover Financial Services official corporate site
1438:(Press release). Discover Financial. Archived from 1412:(Press release). Discover Financial. Archived from 1173:Kim, Hakyung; Wang, Christine (February 19, 2024). 352: 319: 294: 278: 261: 244: 227: 210: 191: 168: 138: 122: 112: 94: 84: 54: 44: 1621:"Card Acceptance – Troy – Turkey's Payment Method" 1393: 2625:Financial services companies of the United States 829:Cabal in Argentina, Uruguay, Paraguay, and Brazil 640:, which began to issue credit cards for retailer 2620:Financial services companies established in 1985 1395:"Discover's Fourth Quarter Net Income Grows 31%" 2605:Companies listed on the New York Stock Exchange 1857:Business data for Discover Financial Services: 1189:"Greenwood Trust Company Renamed Discover Bank" 814:AFS in the Middle East and North Africa region 751:Some major credit and debit partners include: 540:In 2005, Discover Financial Services acquired 1895: 1740:"Discover - Our Company | Discover Card" 1544:"Discover - Our Company | Discover Card" 707:determine an individual's FICO Credit Score. 411:. It also owns and operates the Discover and 8: 1256:"Discover completes purchase of Diners Club" 30: 1790:"Q1 2016: U.S. Credit Card Issuer Snapshot" 871:SIBS with 10 countries in Europe and Africa 565:announced that Discover was purchasing the 2421: 1902: 1888: 1880: 1462:"Credit Card Issuers Adjust to Open Field" 524:Acquisition of The Greenwood Trust Company 29: 1673:Back in Times Square, Toshiba Stands Tall 2600:Companies based in Lake County, Illinois 1713:. Gannett. 11 Alive News. Archived from 1711:"Discover Mills renamed Sugarloaf Mills" 557:Acquisition of Diners Club International 1780:, March 31, 2016. Retrieved 2016-11-28. 1383:. CreditCardInsider.com, April 7, 2020. 1022: 578:Acquisition of Student Loan Corporation 2595:American companies established in 1985 561:In April 2008, Discover Financial and 1754:"Credit card market share statistics" 1734: 1732: 1163:, July 9, 2007. 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September 17, 2010 1199:on January 21, 2014. 536:Acquisition of Pulse 452:Dean Witter Reynolds 436:Riverwoods, Illinois 304:Dean Witter Reynolds 128:Riverwoods, Illinois 2610:Corporate spin-offs 2503:Contactless payment 2249:Payment card number 1717:on January 16, 2013 1380:Harkness, Brendan. 1235:on December 8, 2012 1080:. 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June 30, 1993. 1113: 1107: 1096: 1090: 1089: 1087: 1085: 1074: 1068: 1067: 1065: 1063: 1049: 1043: 1042: 1040: 1038: 1027: 1003:American Express 983:American Express 947:savings products 885:One Times Square 850:NAPAS in Vietnam 738:Discover Network 393:savings accounts 362: 359: 339:Discover Network 289: 286: 273: 272: 266: 256: 255: 249: 239: 238: 222: 221: 213:Operating income 205: 199: 198: 185:Consumer banking 147:Michael Rhodes ( 108: 106: 101: 40: 33: 21: 2655: 2654: 2650: 2649: 2648: 2646: 2645: 2644: 2580: 2579: 2578: 2573: 2552: 2486: 2451: 2420: 2394: 2363: 2335: 2307: 2289:Savings account 2279:Deposit account 2237: 2208:Revolution Card 2136: 1983:specialty cards 1982: 1976: 1921: 1908: 1876: 1833: 1828: 1826: 1819: 1814: 1812: 1809: 1804: 1803: 1797:Wayback Machine 1788: 1784: 1771: 1767: 1761:Wayback Machine 1751: 1747: 1738: 1737: 1730: 1720: 1718: 1708: 1707: 1703: 1693: 1691: 1683: 1682: 1678: 1671: 1667: 1660: 1656: 1647: 1646: 1642: 1633: 1632: 1628: 1619: 1618: 1614: 1605: 1604: 1600: 1591: 1590: 1586: 1577: 1576: 1572: 1562: 1560: 1556: 1555: 1551: 1542: 1541: 1537: 1524: 1523: 1519: 1509: 1507: 1496: 1495: 1491: 1477: 1476: 1472: 1459: 1455: 1445: 1443: 1434: 1433: 1429: 1419: 1417: 1408: 1407: 1403: 1392: 1391: 1387: 1379: 1375: 1366: 1365: 1361: 1351: 1349: 1348:on May 22, 2013 1340: 1339: 1335: 1321: 1319: 1314: 1313: 1309: 1299: 1297: 1286: 1285: 1281: 1271: 1269: 1268:on July 6, 2008 1261:Chicago Tribune 1253: 1252: 1248: 1238: 1236: 1223: 1222: 1218: 1209: 1208: 1204: 1187: 1186: 1182: 1172: 1171: 1167: 1161:The Green Sheet 1155: 1151: 1147:. June 1, 2007. 1144: 1140: 1132: 1128: 1115: 1114: 1110: 1097: 1093: 1083: 1081: 1076: 1075: 1071: 1061: 1059: 1051: 1050: 1046: 1036: 1034: 1029: 1028: 1024: 1019: 1005:, and ahead of 995:Bank of America 971: 943: 904:Sugarloaf Mills 881: 868:in Saudi Arabia 862:Prosa in Mexico 847:Jonet in Jordan 838:Eazy in Bahrain 734: 728: 598: 589: 580: 559: 544:, an interbank 538: 526: 521: 495:In April 2005, 444: 379:is an American 370: 356: 348: 315: 287: 281: 262: 245: 232: 215: 200: 173:Payment systems 164: 141: 134: 130: 104: 102: 99: 80: 59: 28: 23: 22: 15: 12: 11: 5: 2653: 2651: 2643: 2642: 2637: 2632: 2627: 2622: 2617: 2612: 2607: 2602: 2597: 2592: 2582: 2581: 2575: 2574: 2572: 2571: 2569:Acquiring bank 2566: 2560: 2558: 2554: 2553: 2551: 2550: 2545: 2540: 2535: 2530: 2525: 2520: 2515: 2510: 2505: 2500: 2494: 2492: 2488: 2487: 2485: 2484: 2479: 2474: 2469: 2463: 2461: 2457: 2456: 2453: 2452: 2450: 2449: 2444: 2439: 2434: 2428: 2426: 2419: 2418: 2413: 2408: 2402: 2400: 2396: 2395: 2393: 2392: 2387: 2382: 2377: 2371: 2369: 2365: 2364: 2362: 2361: 2356: 2351: 2345: 2343: 2337: 2336: 2334: 2333: 2328: 2323: 2317: 2315: 2309: 2308: 2306: 2305: 2304: 2303: 2293: 2292: 2291: 2286: 2276: 2271: 2266: 2261: 2256: 2251: 2245: 2243: 2239: 2238: 2236: 2235: 2230: 2225: 2220: 2215: 2210: 2205: 2200: 2195: 2190: 2185: 2180: 2175: 2170: 2165: 2160: 2155: 2150: 2144: 2142: 2138: 2137: 2135: 2134: 2129: 2124: 2119: 2114: 2109: 2104: 2099: 2094: 2089: 2084: 2079: 2074: 2069: 2064: 2059: 2054: 2049: 2044: 2039: 2038: 2037: 2027: 2022: 2017: 2012: 2007: 2002: 1997: 1992: 1986: 1984: 1978: 1977: 1975: 1974: 1973: 1972: 1967: 1962: 1952: 1951: 1950: 1945: 1935: 1929: 1927: 1923: 1922: 1909: 1907: 1906: 1899: 1892: 1884: 1878: 1877: 1875: 1874: 1869: 1864: 1858: 1855: 1850: 1845: 1839: 1838: 1824: 1821:Chicago portal 1808: 1807:External links 1805: 1802: 1801: 1782: 1765: 1745: 1728: 1701: 1676: 1665: 1654: 1640: 1626: 1612: 1598: 1584: 1570: 1549: 1535: 1517: 1489: 1470: 1453: 1427: 1401: 1385: 1373: 1359: 1333: 1307: 1279: 1246: 1216: 1202: 1180: 1165: 1149: 1138: 1133:Kagan, Julia. 1126: 1108: 1091: 1069: 1057:Bloomberg News 1044: 1021: 1020: 1018: 1015: 987:JPMorgan Chase 970: 967: 955:personal loans 942: 939: 912:Discover Mills 897:New Year's Eve 880: 877: 873: 872: 869: 866:Saudi Payments 863: 860: 854: 853:NCCC in Taiwan 851: 848: 845: 839: 836: 830: 827: 824: 823:in Puerto Rico 818: 815: 808: 807: 801: 795: 789: 786: 780: 777: 771: 765: 764:in South Korea 759: 727: 724: 670:Following the 597: 594: 588: 585: 579: 576: 558: 555: 537: 534: 525: 522: 520: 517: 497:Morgan Stanley 479:Morgan Stanley 450:purchased the 443: 440: 397:personal loans 372: 371: 364: 363: 354: 350: 349: 347: 346: 341: 336: 331: 325: 323: 317: 316: 314: 313: 310:Morgan Stanley 307: 300: 298: 292: 291: 282: 279: 276: 275: 267: 259: 258: 250: 242: 241: 233: 228: 225: 224: 216: 211: 208: 207: 193: 189: 188: 170: 166: 165: 163: 162: 155:Thomas Maheras 152: 144: 142: 139: 136: 135: 132: 126: 124: 120: 119: 114: 110: 109: 96: 92: 91: 86: 82: 81: 79: 78: 72: 62: 60: 55: 52: 51: 46: 42: 41: 26: 24: 14: 13: 10: 9: 6: 4: 3: 2: 2652: 2641: 2638: 2636: 2633: 2631: 2628: 2626: 2623: 2621: 2618: 2616: 2613: 2611: 2608: 2606: 2603: 2601: 2598: 2596: 2593: 2591: 2588: 2587: 2585: 2570: 2567: 2565: 2562: 2561: 2559: 2555: 2549: 2546: 2544: 2541: 2539: 2536: 2534: 2531: 2529: 2526: 2524: 2521: 2519: 2516: 2514: 2511: 2509: 2506: 2504: 2501: 2499: 2496: 2495: 2493: 2489: 2483: 2480: 2478: 2475: 2473: 2470: 2468: 2465: 2464: 2462: 2458: 2448: 2445: 2443: 2440: 2438: 2435: 2433: 2430: 2429: 2427: 2423: 2417: 2414: 2412: 2409: 2407: 2404: 2403: 2401: 2397: 2391: 2388: 2386: 2383: 2381: 2378: 2376: 2373: 2372: 2370: 2366: 2360: 2357: 2355: 2352: 2350: 2347: 2346: 2344: 2342: 2338: 2332: 2329: 2327: 2324: 2322: 2319: 2318: 2316: 2314: 2310: 2302: 2299: 2298: 2297: 2294: 2290: 2287: 2285: 2282: 2281: 2280: 2277: 2275: 2272: 2270: 2267: 2265: 2262: 2260: 2257: 2255: 2252: 2250: 2247: 2246: 2244: 2240: 2234: 2231: 2229: 2226: 2224: 2221: 2219: 2216: 2214: 2211: 2209: 2206: 2204: 2201: 2199: 2196: 2194: 2191: 2189: 2186: 2184: 2181: 2179: 2176: 2174: 2171: 2169: 2166: 2164: 2161: 2159: 2158:Carte Blanche 2156: 2154: 2151: 2149: 2146: 2145: 2143: 2141:Defunct cards 2139: 2133: 2130: 2128: 2125: 2123: 2120: 2118: 2115: 2113: 2110: 2108: 2105: 2103: 2100: 2098: 2095: 2093: 2090: 2088: 2085: 2083: 2080: 2078: 2075: 2073: 2070: 2068: 2065: 2063: 2060: 2058: 2055: 2053: 2050: 2048: 2045: 2043: 2040: 2036: 2033: 2032: 2031: 2028: 2026: 2023: 2021: 2018: 2016: 2013: 2011: 2008: 2006: 2003: 2001: 1998: 1996: 1993: 1991: 1988: 1987: 1985: 1979: 1971: 1968: 1966: 1963: 1961: 1958: 1957: 1956: 1953: 1949: 1946: 1944: 1941: 1940: 1939: 1936: 1934: 1931: 1930: 1928: 1924: 1920: 1916: 1912: 1905: 1900: 1898: 1893: 1891: 1886: 1885: 1882: 1873: 1870: 1868: 1865: 1863: 1860: 1859: 1856: 1854: 1851: 1849: 1846: 1844: 1841: 1840: 1836: 1825: 1822: 1811: 1806: 1798: 1794: 1791: 1786: 1783: 1779: 1775: 1769: 1766: 1762: 1758: 1755: 1749: 1746: 1741: 1735: 1733: 1729: 1716: 1712: 1705: 1702: 1690: 1686: 1680: 1677: 1674: 1669: 1666: 1663: 1658: 1655: 1650: 1644: 1641: 1636: 1630: 1627: 1622: 1616: 1613: 1608: 1602: 1599: 1594: 1588: 1585: 1580: 1574: 1571: 1559: 1553: 1550: 1545: 1539: 1536: 1531: 1527: 1521: 1518: 1505: 1504: 1499: 1493: 1490: 1485: 1481: 1474: 1471: 1467: 1463: 1457: 1454: 1441: 1437: 1431: 1428: 1415: 1411: 1405: 1402: 1396: 1389: 1386: 1382: 1377: 1374: 1369: 1363: 1360: 1347: 1343: 1337: 1334: 1329: 1328:Business Wire 1317: 1311: 1308: 1295: 1294: 1289: 1283: 1280: 1267: 1263: 1262: 1257: 1250: 1247: 1234: 1230: 1226: 1220: 1217: 1212: 1206: 1203: 1198: 1194: 1190: 1184: 1181: 1176: 1169: 1166: 1162: 1158: 1153: 1150: 1146: 1142: 1139: 1135: 1130: 1127: 1122: 1118: 1112: 1109: 1105: 1101: 1095: 1092: 1079: 1073: 1070: 1058: 1054: 1048: 1045: 1032: 1026: 1023: 1016: 1014: 1012: 1008: 1004: 1000: 996: 992: 988: 984: 980: 976: 968: 966: 964: 960: 959:student loans 956: 952: 948: 940: 938: 935: 932: 929: 926: 924: 919: 917: 916:naming rights 913: 909: 905: 900: 898: 894: 890: 886: 878: 876: 870: 867: 864: 861: 858: 855: 852: 849: 846: 843: 840: 837: 835:in Bangladesh 834: 831: 828: 825: 822: 819: 816: 813: 812: 811: 805: 802: 799: 796: 793: 790: 787: 784: 781: 778: 775: 772: 769: 766: 763: 760: 757: 754: 753: 752: 749: 747: 743: 739: 733: 725: 723: 720: 716: 712: 708: 704: 701: 698: 694: 690: 686: 683: 679: 677: 673: 668: 664: 660: 657: 653: 651: 647: 643: 639: 635: 634:Supreme Court 630: 629:Supreme Court 625: 621: 618: 615: 611: 608: 604: 601: 595: 593: 586: 584: 577: 575: 572: 568: 564: 556: 554: 552: 547: 543: 535: 533: 531: 523: 518: 516: 514: 509: 506: 502: 498: 493: 486: 482: 480: 475: 473: 472:Discover Card 468: 464: 461: 457: 453: 449: 441: 439: 437: 433: 429: 425: 424:Discover Card 421: 417: 414: 410: 406: 405:student loans 402: 398: 394: 390: 386: 385:Discover Bank 382: 378: 369: 365: 361: 355: 351: 345: 342: 340: 337: 335: 334:Discover Bank 332: 330: 327: 326: 324: 322: 318: 311: 308: 305: 302: 301: 299: 297: 293: 288: 21,100 283: 277: 268: 265: 260: 251: 248: 243: 234: 231: 226: 217: 214: 209: 204:20.61 billion 203: 194: 190: 186: 182: 178: 174: 171: 167: 160: 156: 153: 150: 146: 145: 143: 137: 129: 125: 121: 118: 115: 111: 97: 93: 90: 87: 83: 76: 73: 71: 67: 64: 63: 61: 58: 53: 50: 47: 43: 39: 34: 19: 2630:Online banks 2564:Issuing bank 2349:Grace period 2321:Cash advance 2264:Credit limit 2072:Hyundai Card 1981:Regional and 1835:Banks portal 1785: 1768: 1748: 1719:. Retrieved 1715:the original 1704: 1692:. Retrieved 1688: 1679: 1668: 1657: 1643: 1629: 1615: 1601: 1587: 1573: 1561:. Retrieved 1552: 1538: 1529: 1520: 1510:February 28, 1508:. Retrieved 1501: 1492: 1484:stltoday.com 1483: 1473: 1465: 1456: 1444:. Retrieved 1440:the original 1430: 1418:. Retrieved 1414:the original 1404: 1388: 1376: 1362: 1350:. Retrieved 1346:the original 1336: 1326:– via 1322:December 19, 1320:. Retrieved 1310: 1300:December 19, 1298:. Retrieved 1291: 1282: 1270:. Retrieved 1266:the original 1259: 1249: 1237:. Retrieved 1233:the original 1219: 1205: 1197:the original 1183: 1168: 1160: 1152: 1141: 1129: 1120: 1111: 1103: 1094: 1082:. Retrieved 1072: 1060:. Retrieved 1047: 1037:February 23, 1035:. 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Mack 494: 491: 476: 469: 465: 445: 409:credit cards 384: 376: 375: 367: 321:Subsidiaries 264:Total equity 247:Total assets 177:Credit cards 123:Headquarters 45:Company type 2416:Card scheme 2399:Interchange 2163:Carte Bleue 2035:Diners Club 1926:Major cards 1919:debit cards 1867:SEC filings 1689:PR Newswire 1563:October 23, 1239:October 22, 1007:Wells Fargo 999:Capital One 969:Competitors 879:Advertising 859:in Malaysia 551:debit cards 513:Capital One 428:credit card 418:, and owns 312:(1997–2007) 306:(1985–1997) 75:S&P 500 2584:Categories 2548:Smart card 2491:Technology 2380:Chargeback 2326:Charge-off 2188:Everything 1938:Mastercard 1084:August 12, 1017:References 979:MasterCard 806:in Nigeria 650:Mastercard 646:Sam's Club 434:suburb of 230:Net income 140:Key people 2411:Surcharge 2015:Cabcharge 1995:AzeriCard 1778:WalletHub 1011:U.S. Bank 991:Citigroup 844:in Canada 800:in Turkey 785:in Brazil 758:worldwide 563:Citigroup 446:In 1981, 77:component 57:Traded as 2460:Security 2341:Interest 2331:Debt-lag 2296:ATM card 2242:Accounts 2183:Eurocard 2168:Chipknip 2153:Bankcard 2122:UnionPay 2077:Isracard 2067:Girocard 2030:Discover 2010:BCA Card 2000:Bancomat 1965:Electron 1793:Archived 1757:Archived 1721:March 9, 1694:March 9, 1446:June 18, 1420:June 18, 1352:July 14, 941:Business 906:Mall in 794:in India 776:in China 774:UnionPay 770:in Japan 501:spin off 416:networks 389:checking 358:discover 169:Products 159:chairman 85:Industry 2557:Banking 2437:Interac 2390:Dispute 2368:Payment 2178:enRoute 2025:Dankort 2005:BC Card 1948:Maestro 1272:July 1, 1177:. CNBC. 1062:July 2, 893:Toshiba 842:Interac 762:BC Card 642:Walmart 442:History 432:Chicago 353:Website 192:Revenue 187:, Loans 181:Finance 113:Founder 103: ( 95:Founded 68::  2432:Cirrus 2228:Proton 2218:Switch 2198:Mondex 2173:Choice 2148:Access 2107:PayPak 2042:EFTPOS 1915:charge 1911:Credit 1872:Yahoo! 1862:Google 1503:Forbes 981:, and 857:PayNet 744:, and 296:Parent 290:(2023) 206:(2023) 49:Public 2442:Pulse 2233:V Pay 2193:Laser 2132:Verve 2112:RuPay 2097:Meeza 1960:Debit 1943:Debit 914:in a 804:Verve 792:RuPay 746:Pulse 542:Pulse 460:Sears 448:Sears 413:Pulse 344:Pulse 117:Sears 2447:Plus 2313:Debt 2301:Fees 2213:Solo 2127:UATP 2117:Troy 2102:NETS 2092:MEPS 1990:ArCa 1970:Cash 1955:Visa 1917:and 1723:2016 1696:2016 1565:2022 1512:2018 1448:2013 1422:2013 1354:2012 1324:2014 1302:2014 1274:2008 1241:2007 1086:2009 1064:2020 1039:2024 1009:and 1001:and 975:Visa 798:Troy 656:HSBC 407:and 391:and 360:.com 202:US$ 133:U.S. 105:1985 98:1985 66:NYSE 2513:EMV 2406:Fee 2223:PIN 2087:Mir 2082:JCB 2052:Elo 821:ATH 783:Elo 768:JCB 149:CEO 70:DFS 2586:: 2020:CB 1913:, 1776:. 1731:^ 1687:. 1528:. 1500:. 1482:. 1464:, 1290:. 1258:. 1159:. 1119:. 1102:, 1055:. 1013:. 997:, 993:, 989:, 977:, 965:. 957:, 953:, 949:, 740:, 474:. 438:. 422:. 403:, 399:, 395:, 285:c. 183:, 179:, 175:, 131:, 1903:e 1896:t 1889:v 1742:. 1725:. 1698:. 1651:. 1637:. 1623:. 1609:. 1595:. 1581:. 1567:. 1546:. 1514:. 1486:. 1450:. 1424:. 1398:. 1370:. 1356:. 1330:. 1304:. 1276:. 1243:. 1213:. 1088:. 1066:. 1041:. 161:) 157:( 151:) 107:) 20:)

Index

Discover Financial Services

Public
Traded as
NYSE
DFS
S&P 500
Financial services
Sears
Riverwoods, Illinois
CEO
Thomas Maheras
chairman
Payment systems
Credit cards
Finance
Consumer banking
US$
Operating income
Net income
Total assets
Total equity
Parent
Dean Witter Reynolds
Morgan Stanley
Subsidiaries
Diners Club International
Discover Bank
Discover Network
Pulse

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