Discover Financial Services has announced an agreement to give cardholders warranties through SquareTrade Inc.

The deal lets the Riverwoods, Ill., issuer offer its cardholders service warranties on items they buy with Discover cards.

"Card members will appreciate this provider agreement as one of the instant, relevant benefits that Discover card offers," said Karin Giffney, the company's vice president of products and benefits, in a press release Monday.

Discover cardholders can buy a warranty from SquareTrade, a San Francisco company, up to 90 days after a purchase.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.