19 February 2017
visit nextgenbanking.co.uk

Discover introduces cashback checking accounts

27 February 2013  |  1575 views  |  0 Source: Discover Financial Services

Discover Financial Services today announced the launch of Discover Cashback Checking - the latest addition to the company's growing suite of direct banking products that includes credit cards, home loans, student loans, personal loans, CDs, money market accounts and savings accounts.

Cashback Checking accounts pay customers 10 cents for every debit card purchase, Online Bill Payment and check they write. Rewards are automatically added to the account holder's Discover card Cashback Bonus® balance.

The new accounts are now available to a limited number of Discover cardmembers, with availability expanding to all cardmembers gradually throughout the year. A full consumer roll out is planned for 2014.

"Our goal for Discover Cashback Checking is to provide customers with the best value, service and rewards in the industry," said Roger Hochschild, Discover's president and chief operating officer. "We combined what customers most want in a checking account with the latest technology to provide a truly breakthrough product."

Discover Cashback Checking includes:

  • Fee-free features: No monthly fees, no minimum balances, free checks and replacement cards. There are no Discover fees at 415,000 ATMs in the U.S.
  • Convenience: An app that lets customers easily bank on the go with mobile check deposit, mobile bill pay and an ATM locator
  • Stellar service: 24/7 service from Discover's U.S.-based customer service team
  • Protection: $0 fraud liability for unauthorized transactions and bill pay protection 

Comments: (0)

Comment on this story (membership required)

Related company news

 

Related blogs

Create a blog about this story (membership required)
visit dh.comVisit Yelloco.co.ukVisit contisgroup.com

Top topics

Most viewed Most shared
IBM and Visa join forces to turn billions of connected devices into points of saleIBM and Visa join forces to turn billions...
13253 views 11 comments | 48 tweets | 78 linkedin
Nesta launches £5 million Open API challengeNesta launches £5 million Open API ch...
9937 views comments | 21 tweets | 18 linkedin
Jaguar embeds payments into digital dashboardJaguar embeds payments into digital dashbo...
9277 views comments | 48 tweets | 55 linkedin
The fintech effect: Banks buy in to benefits of boosting financial well-beingThe fintech effect: Banks buy in to benefi...
8724 views comments | 15 tweets | 11 linkedin
Kevin the bot uses blockchain to offer insurance for P2P transactionsKevin the bot uses blockchain to offer ins...
7415 views comments | 16 tweets | 12 linkedin

Featured job

Six Figure Base + Commission + Stock Options
London

Find your next job