Discover Financial Services Announces Second Quarter 2018 Earnings Release and Conference Call on July 26, 2018

Discover Financial Services (NYSE: DFS) plans to report its second quarter 2018 results after the market closes on Thursday, July 26, 2018. The earnings release will be available through Discover's Investor Relations website at https://investorrelations.discover.com.

A conference call to discuss the firm's results, outlook and related matters will be held at 4:00 p.m. Central time. The live audio webcast will be accessible to the general public through Discover’s Investor Relations website at https://investorrelations.discover.com. An audio replay will be available on the website following the call.

About Discover

Discover Financial Services (NYSE: DFS) is a direct banking and payment services company with one of the most recognized brands in U.S. financial services. Since its inception in 1986, the company has become one of the largest card issuers in the United States. The company issues the Discover card, America's cash rewards pioneer, and offers private student loans, personal loans, home equity loans, checking and savings accounts and certificates of deposit through its direct banking business. It operates the Discover Global Network comprised of Discover Network, with millions of merchant and cash access locations; PULSE, one of the nation's leading ATM/debit networks; and Diners Club International, a global payments network with acceptance in 190 countries and territories. For more information, visit www.discover.com/company.

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Discover Financial ServicesInvestor Contact:Craig StreemInvestor [e-mail] Contact:Jon DrummondPublic [e-mail]