Consumer Payment Card News

Discover Goes Platinum

Are you looking for more value from your credit card? Starting soon, the Discover card will go Platinum, offering all the features youd expect from a premium credit card.
Among the benefits that Discover Platinum Cardmembers can expect are:
–Low balance transfer rate
–Low annual percentage rate
–No annual fee
–Credit lines up to $100,000
–Interest-free cash advances at nationwide Discover/NOVUS Cash Network locations, including ATMs and financial institutions
–Advanced online products and services, including:
*Free electronic home banking services
*Online statements and bill payment
*Fraud protection
*Discounts from leading online merchants via Discover ShopCenter

–24-hour customer service
–Option to choose preferred monthly billing date
–$500,000 in travel accidental death insurance
–$25,000 rental car collision damage waiver insurance
–Discover Card CD and Savers Accounts, and Discover Loan Center
–Emergency card replacement,
–Free additional cards
–24-hour fraud protection
–Privacy protection

One of Discovers most successful features is their Cashback Bonus award program. This program allows Cardmembers to receive up to 1% back yearly based on their annual level of purchases. Discover Platinum Cardmembers can double their annual Cashback Bonus awards through certificates redeemed with select Platinum Partners. The full set of Platinum Partners will be announced in early 1999.

To learn more about the Discover Card, visit their Web site at, or watch for Discovers upcoming major network, cable and print publicity campaign.

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