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| The Yield Hunter Let's Make some money and sleep well at night In our 7th Year |
| Discover Financial Services 6.5% Non Cumulative, Redeemable Preferred Stock Security Ticker Symbol DFS-B Market Traded On NYSE Distribution Paid on the 1st of March, June, September and December beginning on December 1, 2012 Quarterly Payment Per Share .41 Securities may be redeemed as early as 10/30/2017 for a call price of $25/share plus accrued distributions Maturity Date None Company Investor Relations Page for Discover Financial Services |
| Offering Prospectus |