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New Discover card rewards consumers »

Posted by: STONERS 2 years, 8 months ago

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Amid the growing proliferation of credit card rewards programs, Discover Financial Services has come up with a new card that rewards consumers who carry a balance and make their monthly payments on time.

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Comments: 6

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STONERS
March 13, 2007, 1:58 a.m.
The cards carry no annual fee, and consumers who make six consecutive on-time payments will receive their next month's interest back as a bonus. They can accumulate the cash, apply it to their card balances or use it for rewards purchases, the company said.
Discover Financial, which is based in Riverwoods, Ill., said the new card aims to promote good credit management.
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mozzer
March 13, 2007, 12:10 p.m.
Interesting gimmick, I wonder what the interest rate will be.