Discover Financial Services is an American company that provides many financial services. Its main brands include Discover Bank, which offers savings and checking accounts, personal loans, home equity loans, student loans, and credit cards. It also owns the Discover and Pulse networks and Diners Club International. In addition, its credit cards offer a wide variety of benefits to customers.
Discover Financial Services is a bank that specializes in digital banking. They also offer personal loans, auto loans, and student loans, as well as savings and money market accounts. They also operate the PULSE network, which allows their customers to access a variety of payment methods from anywhere. In addition, the company also manages a network of ATMs and digital teller machines.
The Discover mobile app is convenient and easy to use. It lets users login with their touch or face ID to access their accounts. It also allows users to check their account balances without logging in. The app also helps users find a nearby Discover ATM. All Discover ATMs are fee-free, although out-of-network ones may charge a fee.
In addition to its credit card offerings, Discover Financial Services recently launched its Discover it Business credit card. The new card offers unlimited 1.5% cash back on purchases. It also comes with free business features and security features. If you’re interested in establishing your own small business, it’s worth checking out the Discover it Business credit card.
Discover Financial Services also offers a wide variety of retirement solutions. Aside from credit cards, Discover is a full-service online bank that offers personal loans, student loans, and home equity loans. Although it is a pure online bank with no local branches, the company’s customer service is top-notch. The Discover logo and online banking interface are both easy to use, but the company also offers competitive rates and flexible terms across products.
The company has also seen a steady increase in its dividend over the past decade. Today’s $0.60 per share represents a 2.63% annualized dividend yield. This represents a CAGR of 11.6% over the past decade. Whether you choose to invest in Discover Financial Services stock or not, it’s a good idea to keep an eye out for the company’s dividend growth in the coming years.
The company offers savings accounts and money market accounts online. Its savings account has no minimum balance requirement, making it a great option for those who want to earn higher interest without a high-maintenance checking account. The bank also offers certificates of deposit, which offer guaranteed returns. Depending on your needs, Discover offers CD terms ranging from three months to 10 years.