A discount card is a card or document, often a
plastic
Plastics are a wide range of synthetic or semi-synthetic materials that use polymers as a main ingredient. Their plasticity makes it possible for plastics to be moulded, extruded or pressed into solid objects of various shapes. This adaptab ...
credit card
A credit card is a payment card issued to users (cardholders) to enable the cardholder to pay a merchant for goods and services based on the cardholder's accrued debt (i.e., promise to the card issuer to pay them for the amounts plus the o ...
or paper card, that entitles the holder to
discount
Discount may refer to:
Arts and entertainment
*Discount (band), punk rock band that formed in Vero Beach, Florida in 1995 and disbanded in 2000
* ''Discount'' (film), French comedy-drama film
* "Discounts" (song), 2020 single by American rapper Cu ...
s on the prices of some products or services. Cards may be issued as part of a
loyalty program, offering discounts to existing
customer
In sales, commerce, and economics, a customer (sometimes known as a client, buyer, or purchaser) is the recipient of a good, service, product or an idea - obtained from a seller, vendor, or supplier via a financial transaction or exchange f ...
s to ensure their continuing custom; they may be offered free of charge, offering a modest discount with the intention of persuading purchasers to patronise participating shops; or they may be sold to members, offering larger discounts—for example, the
tastecard offers 50% discounts at many
restaurants—at a substantial annual cost. Cards may be offered by
merchant
A merchant is a person who trades in commodities produced by other people, especially one who trades with foreign countries. Historically, a merchant is anyone who is involved in business or trade. Merchants have operated for as long as indust ...
s or groups of merchants, by clubs or associations who negotiate on behalf of all members to obtain benefits, or by official organisations offering concessionary prices to qualifying groups, such as the disabled.
Types
*
Loyalty cards
* Cards giving entitlement to
educational discount
Discounts and allowances are reductions to a basic price of goods or services.
They can occur anywhere in the distribution channel, modifying either the manufacturer's list price (determined by the manufacturer and often printed on the packag ...
. In many cases, a discount may be offered on proof of student status, without a special card.
* Cards giving entitlement to