11 December 2016
Visit aciworldwide.com

Discover introduces cashback checking accounts

27 February 2013  |  1560 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)
http://www.financialcrimerisk.fiserv.com/aml?r=finextraVisit contisgroup.comVisit capgemini.com

Top topics

Most viewed Most shared
China tops world fintech rankingsChina tops world fintech rankings
8798 views comments | 39 tweets | 32 linkedin
EBA bends under weight of PSD2 mandatesEBA bends under weight of PSD2 mandates
8371 views comments | 37 tweets | 48 linkedin
Guesswork alone can crack Visa card security - Newcastle UniversityGuesswork alone can crack Visa card securi...
8083 views 12 comments | 15 tweets | 27 linkedin
PSD2 will transform the payments landscapePSD2 will transform the payments landscape
7333 views comments | 24 tweets | 13 linkedin
Fed Governor sounds warning on alternative credit scoring dataFed Governor sounds warning on alternative...
6934 views comments | 20 tweets | 24 linkedin

Featured job

to Six-Figure Base, Commission, Benefits
London, UK

Find your next job