| Subsidiary | Jurisdiction of Incorporation or Formation | ||||
| DFS Corporate Services LLC | Delaware | ||||
| DFS International Inc. | Delaware | ||||
| DFS Services LLC | Delaware | ||||
| Diners Club International Ltd. | New York | ||||
| Diners Club Services Private Limited | India | ||||
| Diners Club Taiwan Ltd. | Taiwan | ||||
| Discover Bank | Delaware | ||||
| Discover Financial Services (Canada), Inc. | British Columbia | ||||
| Discover Financial Services (Hong Kong) Limited | Hong Kong | ||||
| Discover Financial Services (UK) Limited | England/Wales | ||||
| Discover Funding LLC | Delaware | ||||
| Discover Global Employment Company Private Limited | Singapore | ||||
| Discover Home Loans, Inc. | Delaware | ||||
| Discover Information Technology (Shanghai) Limited | Shanghai | ||||
| Discover Products Inc. | Utah | ||||
| Discover Properties LLC | Delaware | ||||
| Discover Services Corporation | Delaware | ||||
| Discover Ventures Inc. | Delaware | ||||
| GTC Insurance Agency, Inc. | Delaware | ||||
| PULSE Network LLC | Delaware | ||||
| The Student Loan Corporation | Delaware | ||||