Discover Financial Services ("Discover") previously announced that David Nelms, chairman and chief executive officer of Discover, will present at the Bank of America Merrill Lynch Banking and Financial Services Conference at the Grand Hyatt in New York on Tuesday, November 10, 2009, at 2:35 p.m. Eastern time.

Presentation slides and a link to the live audio webcast will be posted on the day of the conference at www.investorrelations.discoverfinancial.com. A replay of the webcast will be available within 24 hours after the webcast. The presentation is included as Exhibit 99.1 hereto and incorporated by reference into this Item 7.01.

The information contained in this Item 7.01 of this Current Report on Form 8-K, including Exhibit 99.1, is furnished pursuant to Item 7.01 of Form 8-K and shall not be deemed to be "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated by reference in any filing under the Securities Act of 1933, as amended, or the Securities Exchange Act of 1934, as amended, except as shall be expressly stated by specific reference in such filing.

(d) Exhibits

Exhibit
  No.                                     Description

 99.1        Discover Financial Services Bank of America Merrill Lynch Banking and
             Financial Services Conference Presentation dated November 10, 2009