Profile: Discover Financial Services

Discover Financial Services (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 our inception in 1986, we have grown to become one of the largest card issuers in the United States, with more than 50 million cardmembers. We are also a leader in payments processing, as we are one of only two credit card issuers with its own U.S. payments network and the only issuer whose wholly-owned network operations include both credit and debit functionality.

Since Discover Card's launch in 1986, DFS has continuously been a leading innovator and driver of change in the credit card industry. From the outset, DFS has worked to expand Discover Network, a network that connects to millions of merchant and cash access locations, as well as markets and supports a full range of credit, debit, and prepaid cards, including the Discover Card.

The company's track record of pioneering accomplishments includes the introduction of cash rewards, known as Cashback Bonus - America's #1 Cash Rewards Program. Discover Card was the first no-fee cash reward card to offer unlimited rewards that never expire as long as the card is in use and one of the earliest to offer 24/7 customer service and secure account numbers for online purchases. Building on the success and expertise we've developed since 1986, DFS is working to expand the scope of its card issuing and merchant acquiring businesses both domestically and internationally.