Discover Financial Services is adding prepaid cards to the redemption options in its credit card reward program.

Cardholders will be able to start trading in reward points for prepaid cards May 1, Dana Traci, a vice president of retail partner marketing at the Riverwoods, Ill., company, said in an interview last week. The nonreloadable gift cards will bear Discover's brand, and cardholders can redeem them once they accumulate at least $20 of reward points.

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