Press Release | Discover Financial Services Announces Platinum PartnersSM | Riverwoods,
Illinois, July 1, 1999…Discover Financial Services,
a business unit of Morgan Stanley Dean Witter
& Co. (NYSE:MWD), announced today the first
of its growing list of Platinum PartnersSM
where Discover® Platinum Cardmembers who receive
a yearly Cashback Bonus® Award of up to 1%* can
DOUBLE the award through certificates that are
redeemed at select merchants.
The initial
list of Platinum Partners includes:
| • | United
Airlines | | • | Hyatt Hotels & Resorts | | • | Alamo® Rent A Car | | • | Blockbuster® | | • | Rand McNally & Company | | • | Foot Locker®/Lady Foot Locker®/Kids Foot
Locker®/Champs Sports® | | • | 1-800-flowers.com | | • | Omaha Steaks® | | • | Lobster Gram® | | • | Samsonite Company Stores® | | • | Royal Caribbean International®, Carnival
Cruises®, Delta Certified VacationsTM
and other vacation packages offered through Amerenhance | | • | MusicDirect.com® | | • | Virtual Vineyards | | • | Discover Brokerage |
*Based
on annual level of purchases
"We've taken
the favorite reward program in the industry and
made it even better for our Platinum Cardmembers,"
said Roger Hochschild, Executive Vice President,
Business Development, Discover Financial Services,
Inc. "We already have a tremendous set of partners
and will be adding more over the coming months."
Launched
earlier this year, Discover Platinum has been
very successful. The Company has received the
highest volume of applications since the launch
of the Discover Card in 1986.
Discover
Financial Services, a business unit of Morgan
Stanley Dean Witter & Co., operates the Discover
Card brands with more than 50 million Cardmembers
and the Discover Business Services network. Discover
Business Services is the largest independent credit
card network in the United States with more than
3.6 million merchant and cash access locations.
CONTACT:
Beth L. Metzler Discover Financial
Services, Inc. P: 224/405-2209 bethmetzler@discoverfinancial.com
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