Waives Transaction Fees on American Red Cross Credit Card Contributions
RIVERWOODS, Ill., Jan 15, 2010 (BUSINESS WIRE) -- Discover Financial Services (NYSE:DFS) announced today that it is making
an immediate commitment of $100,000 to the American Red Cross for
earthquake relief efforts in Haiti, and is pledging up to $1 million
more through a cardmember matching program. The Company will also waive
the transaction fees on all credit card donations to the American Red
Cross.
Starting today, Discover will match donations made by cardmembers of
their Cashback Bonus to the American Red Cross, up to a total of
$1 million. The Company also will be matching employee donations
dollar-for-dollar.
"The earthquake in Haiti has created an urgent need for assistance,"
said David Nelms, CEO of Discover. "We believe our cardmembers and
employees share a strong interest in supporting the relief effort and
wish to provide a means of doing so that will make their donations go
further and help more people."
For more information on the matching program and how to contribute,
Discover cardmembers should visit www.discover.com.
About Discover
Discover Financial Services (NYSE: DFS) is a leading credit card issuer
and electronic 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 student and personal loans, as well as savings products such
as certificates of deposit and money market accounts. Its payments
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.
SOURCE: Discover Financial Services
Matthew Towson
Discover
224-405-5649
matthewtowson@discover.com
