Discover Strikes Deal with Amalgamated

Discover Financial Services said Wednesday that Amalgamated Bank of Chicago has agreed to issue a credit card on its network designed for Joint Council Teamster local union members across the country.

The AUFS Discover Network Card features no annual fee, zero liability on fraudulent transactions and the opportunity to sign up for the bank's $15-a-year AmalgaMiles travel-rewards program.

The $646 million-asset bank, a unit of Amalgamated Investments Co. of Chicago, is marketing the card in conjunction with American Union Financial Services, which serves various labor unions and their members.

Amalgamated Bank continues to offer MasterCard Inc.-branded cards to its general customers.

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