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Sunday, April 20th 2014


Discover deploys military rewards program

By Seamus McAfee

Discover Financial Services will reward double cash back and miles for its cardholders who make purchases at military bases.

The promotion, which will run from Memorial Day to Labor Day (May 25-Sept. 7), will also give double rewards automatically to consumers who make up to $1,000 in purchases on base. The locations accepted by the company will include most military installations in the United States and abroad, including commissaries, stores, exchange catalogs, online stores and base gas stations.

Discover said it is offering the promotion to complement the good reception it received from it in the past and to assist military members who make most of their purchases on base. "We wanted to recognize and reward those who serve our country by helping them make their money worth more, especially given the difficult economic conditions," said Julie Loeger, senior vice president of brand and product management at Discover Financial Services in a press release. "With this program, military families will be able to stretch their dollars on necessities that matter most right now, like gas and groceries."

Discover will provide cash back bonuses through a partnership with Operation Homefont, a nonprofit organization that provides emergency assistance and support to wounded soldiers and their families upon their return home. Cardholders can also donate their rewards to Operation Homefront.

See related: Stepping up for America's military men and women, Law eases debt burden for active military, Chart: Compare some of the best rewards cards

Published: May 25, 2009

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Credit Card Rate Report

Updated: 04-20-2014

National Average 15.00%
Low Interest 10.37%
Balance Transfer 12.64%
Business 12.80%
Student 13.27%
Cash Back 14.84%
Reward 14.96%
Airline 15.30%
Bad Credit 22.73%
Instant Approval 28.00%

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