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Discover(R) Card Ranked Highly in Customer Satisfaction in the J.D. Power and Associates 2007 Credit Card Satisfaction Study.


Pioneer of Cash Rewards Scored in Top Two of All Factors; Scored Highest in Rewards and Billing and Payment Process

RIVERWOODS, Ill. -- Discover Financial Services The examples and perspective in this article or section may not represent a worldwide view of the subject.
Please [ improve this article] or discuss the issue on the talk page.
 (NYSE NYSE

See: New York Stock Exchange
: DFS (Distributed File System) An enhancement to Windows NT/2000 and 95/98 that allows files scattered across multiple servers to be treated as a single group. With Dfs, a network administrator can build a hierarchical file system that spans the organization's LANs and ) announced today that Discover([R]) Card scored highest in both the Rewards and the Billing and Paying Process factors in the J.D. Power and Associates 2007 Credit Card Satisfaction Study(SM). The inaugural study analyzes the five factors critical to the level of satisfaction consumers have with their primary credit card companies. Discover Card ranked second among the top ten credit card issuers studied, performing well above the industry average.

In addition to scoring the highest in the Rewards and the Billing and Payment Process factors, Discover Card scored within the top two of all other factors, including Benefits and Features, Fees and Rates, and Problem Resolution. Overall, Discover Card scored within the top two for customer satisfaction, commitment and loyalty.

"As the leader in cash rewards, Discover Card is committed to helping its cardmembers make their money go further with programs designed to help them earn more rewards, more quickly and easily, than any other card company. Receiving the top scores in the Rewards factor from J.D. Power and Associates - and scoring well above the industry average - is recognition of that commitment," said Margo margo /mar·go/ (mahr´go) pl. mar´gines   margin.

margo

pl. margines [L.] border; margin. See also margin.
 Georgiadis Georgiadis is a Greek surname and may refer to:
  • Georgios Georgiadis
  • Adonis Georgiadis

This page or section lists people with the surname Georgiadis.
, Executive Vice President and Chief Marketing Officer of Discover Financial Services.

Discover Card offers unlimited rewards that never expire expire /ex·pire/ (ek-spi´er)
1. to exhale.

2. to die.


ex·pire
v.
1. To breathe one's last breath; die.

2. To exhale.
 for active cardmembers, a full 5% Cashback cashback
Noun

1. a discount offered in return for immediate payment

2. a service by which a customer in a shop can draw out cash on a debit card

cashback cash n (= discount
 Bonus on Get More purchases in popular categories that change throughout the year, and up to 1% on all other purchases. Plus, Discover Card is the only credit card that allows cardmembers to increase, even double, their cash rewards when they redeem redeem v. to buy back, as when an owner who had mortgaged his/her real property pays off the debt. The term also refers to paying the amount due and all charges after a foreclosure (due to failure to make payments when due) has begun.  for gift cards or e-certificates from over 80 brand-name retail partners.

Discover Card also received the highest score in the Billing and Payment Process factor, once again scoring well-above the industry average in this area.

"Discover Card gives consumers more control of and clarity about their credit and finances, while offering greater rewards and responsive customer service," said Carlos Minetti, Executive Vice President of Cardmember Service and Consumer Banking at Discover Financial Services. "As we build upon Discover Card's core strengths and make enhancements to deliver an even more simplified and straightforward customer experience, this recognition of our Billing and Payment Process is critically important."

About Discover Financial Services

Discover Financial Services (NYSE: DFS) operates the Discover Card with more than 50 million cardmembers, the Discover Network with millions of merchant and cash access locations, and the Goldfish credit card business in the United Kingdom. Discover also operates the PULSE ATM/debit network, which services more than 4,400 financial institutions and includes nearly 260,000 ATMs as well as point-of-sale terminals, nationwide. For more information, visit www.discoverfinancial.com.

About J.D. Power and Associates

Headquartered in Westlake Village, Calif., J.D. Power and Associates is an ISO (1) See ISO speed.

(2) (International Organization for Standardization, Geneva, Switzerland, www.iso.ch) An organization that sets international standards, founded in 1946. The U.S. member body is ANSI.
 9001-registered global marketing information services See Information Systems.  firm operating in key business sectors including market research, forecasting, performance improvement, training and customer satisfaction. The firm's quality and satisfaction measurements are based on responses from millions of consumers annually. For more information on cell phone ratings, car reviews and ratings, car insurance, health insurance and more, please visit JDPower.com. J.D. Power and Associates is a business unit of The McGraw-Hill Companies.
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Publication:Business Wire
Date:Oct 9, 2007
Words:552
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