Discover has a card for everyone. There are travel rewards cards, cash rewards and even cards that pay you cashback rewards for achieving a balance and make monthly payments on time.
The Discover card is a credit card, issued primarily in the United States. It was introduced by Sears in 1985 and was part of Dean Witter and Morgan Stanley, until 2007, when Discover Financial Services became an independent company. Novus, a large processing center, used to be partners with the company as well. Novus logo has since been removed and now the logo to discover the network has replaced.
Discover Bank Discover issues most maps of the mark. Discover card transactions are processed through the Discover Network payment network. In February 2006, the company announced it would begin offering Discover Debit cards to banks, made possible by the Pulse payment system, which Discover acquired in 2005.
At the time of the Discover Card was introduced; Sears was the largest retailer in the United States. He had purchased the Dean Witter Reynolds Organization (brokerage) and Coldwell, banking & Company (real estate) in 1981 as an attempt to add financial services to its portfolio of customer services. Ray Kennedy, Sr. – father of country singer Ray Kennedy – who was the manager of Sears Credit, designed the card. With the Discover card (and its issuing bank, the Greenwood Trust Company, owned by Sears), it was named Sears Financial Network. Discover Card at the beginning was a small-embossed symbol representing the Sears Tower, headquarters of the company at the time.
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