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Discover Financial Services Launches New Advertising Campaign
Discover® Card customer benefits are highlighted in humorous spots
September 13, 1999


Riverwoods, Illinois, September 13, 1999…Discover Financial Services, a business unit of Morgan Stanley Dean Witter & Co. (NYSE:MWD), today announced the launch of a new advertising campaign that positions Discover® Card as a different kind of credit card—one that provides many tangible reasons for consumers to choose the card.

The campaign, featuring a new tagline, "There's Always Something More To Discover," was created by Goodby, Silverstein & Partners in San Francisco and the first television commercial will air on Sunday, September 12 during Emmy programming. This new tagline better represents Discover Card's comprehensive package of benefits and replaces the successful "It Pays To Discover" tagline that Discover Card has been using for the past 12 years.

"Customers are looking for a credit card company that gives them straight talk and benefits that are important to them," said Roger Hochschild, executive vice president, Business Development, Discover Financial Services, Inc. "These ads show consumers that there are more compelling reasons to use Discover Card."

"The new commercials feature humorous, exaggerated situations that highlight some of Discover Card's customer benefits," said Cathy Davis, vice president, advertising and brand management, Discover Financial Services. "For example, Discover Card won't automatically raise Cardmembers' rates if they make a late payment and we make it easier for our customers to speak with a live customer service representative about their accounts."

"Late Payment" (30 sec.)
A young man is celebrating his promotion with his parents in a restaurant. After the meal, the young man gives the waiter a credit card that ISN'T a Discover Card. This sets in motion a Mission Control-like scenario at a "big bank card tracking center," where a blinking light notifies his credit card company that a transaction is taking place and, because the young man's last credit card payment was half a day late, the unsuspecting young man's interest rate is raised automatically. The voiceover then informs viewers that although other companies may automatically raise their interest rates for a late payment, Discover Card doesn't do that. The commercial ends with the tagline "There's Always Something More To Discover."

"Let Me Thank You" (30 sec.)
A mailman delivers a Discover Card envelope to a house and is startled when the woman of the house opens the envelope and screams happily - it is her Discover Card Cashback Bonus® Award check. The woman wants to give a big kiss to the mailman for delivering her Discover Card Cashback Bonus Award check, but the mailman tries to evade her in his pokey mail truck. A voiceover states that "people sure seem to appreciate their Discover Cashback Bonus!" The commercial ends with the tagline "There's Always Something More To Discover."

"Mr. Lamp" (30 sec.)
The commercial opens with a man alone in his apartment speaking to various inanimate objects. The camera cuts to his point of view and the viewer realizes that the man is talking to a lamp, a ceiling fan and a picture frame. He then turns to the rest of the room, asking "Who wants pizza?" as he points around the room, looking for takers. A voiceover then says that although some people don't care if they can talk to a real person or not, when customers call Discover Card it's easy to reach a live customer service representative. The commercial ends with the tagline "There's Always Something More To Discover."

"How Credit Cards Work" (60 sec./30 sec.)
This advertisement is a humorous depiction of a potentially serious problem— young men and women who do not understand how credit cards work, so they go overboard. Parents give their son a credit card on his first day at college and tell the student, "it's for emergencies." We next see the student using the card to buy pizza, new clothes, restaurant meals for his friends, and much more. Later, the student answers the door in his brand new scuba suit, only to find his father standing there, holding the credit card bill. A voiceover then tells viewers that there are better ways to teach young people about credit and offers a 1-800 number or a web address, www.discovercard.com, to order the Discover Card booklet, "How Credit Cards Work." The booklet will be available in mid-October.

The media schedule includes network, spot and cable television programming in primetime, early evening and late night time periods. A second pool of four advertisements will begin airing in November 1999. Media buys also include 60 second cinema spot buys with National Cinema Network in December 1999.

Goodby, Silverstein & Partners is a San Francisco-based ad agency whose clients include Budweiser, Pepsi-Cola, Hewlett Packard, Nike & Pacific Bell.

Discover Financial Services, a business unit of Morgan Stanley Dean Witter & Co., operates the Discover Card brands with more than 50 million Cardmembers and the Discover Business Services Network. Discover Business Services is the largest independent credit card network in the United States with more than 3.6 million merchant and cash access locations.



CONTACT:

Catherine R. Edwards
Discover Financial Services, Inc.
P: 224/405-2008
catherineredwards@discoverfinancial.com


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