Discover Financial Services is an American financial services company that offers a range of products and services, including credit cards, personal loans, savings accounts, and checking accounts. The company was founded in 1985 and is headquartered in Riverwoods, Illinois. Discover Financial Services is one of the largest credit card issuers in the United States, with more than 50 million cardholders.
Discover Financial Services was originally part of Sears, Roebuck and Co. and was known as the Sears Credit Card. In 1985, it became an independent company and was renamed Discover Financial Services. The company's flagship product is the Discover Card, which offers cashback rewards to cardholders.
In addition to credit cards, Discover Financial Services offers personal loans and home equity loans. The company's personal loans can be used for a variety of purposes, including debt consolidation, home improvement, and major purchases. Discover Financial Services also offers savings accounts and certificates of deposit (CDs), as well as checking accounts.
Discover Financial Services has a strong online presence, with a mobile app that allows customers to manage their accounts and make payments on the go. The company also offers a range of educational resources to help customers understand credit and manage their finances.
Overall, Discover Financial Services is a leading provider of financial products and services in the United States, with a focus on credit cards, personal loans, and online banking. The company has a strong brand and a reputation for customer service, making it a popular choice for consumers looking for a trusted financial partner.