Consumer Payment Card News

Business Discover

Discover is launching its first business card via a partnership with GE Consumer Finance and SAM’S CLUB. Discover is also introducing a “SAM’S CLUB Discover” card for consumers. Last month, the “Wal-Mart Discover” card was rolled-out offering three cents a gallon off gasoline at more than 700 Wal-Mart stores, and up to 1% cash back on purchases. The new cards being issued by Wal-Mart’s SAM’S CLUB division will be available in all 552 SAM’S CLUB locations in April. The “SAM’S CLUB” cards will offer up to 2% cash back for “Plus” members, and up to 1% cash back for “Advantage” and “Business” members on every purchase. There is an annual $1 million spending cap. Consumers also have no fee cash access at the register in amounts of $20, $40 or $60 when using their new “SAM’S CLUB DISCOVER” at any club location. For more information visit: “www.samsclubcredit.com”:www.samsclubcredit.com

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