A new card will offer Australian Defence Force veterans thousands of special discounts as a way of thanking them for their service.

The card, released by the federal government on Sunday, will be available to all veterans.

Prime Minister Scott Morrison says the veterans card would offer access to more than 10,000 offers from about 500 businesses, both over the counter and online.

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The release of the card follows the passing of laws underpinning an Australian Defence Force Covenant in October.

The laws allow veterans and their families to get the cards, lapel pins and other artefacts.

"Much like the lapel pin gives every day Australians the opportunity to recognise veterans and thank them for their service, the offers available through the veteran card allow the business community to show its thanks," Mr Morrison said in a statement on Sunday.

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Veterans Minister Darren Chester said the government was partnering with the organisation APOD to ensure users could easily find businesses involved in their area.

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"I encourage all businesses to get on board with the Australian Defence Veterans' Covenant, and show their respect and recognition for those who have served to defend our nation," he said.