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High-Interest Savings Accounts from Discover Bank, Member FDIC offer high yield interest rates with no monthly balance requirements or monthly fees, all online.
One of the benefits of a Discover ® Online Savings Account is that you can grow your money with a savings account interest rate over 5x the National Savings Average. 1. With online banks offering superior yields compared to traditional banks, Stous recommends online savings accounts to his clients as a financial strategy.
“Discover’s high-yield savings account is among the best in its online class.” “Discover Bank is an online bank providing one of the most attractive checking account offers in the industry. With it you can earn cash back on debit card purchases, while paying no monthly fees.”
High-yield savings accounts typically offer higher interest rates than you’d get if you kept your money in a regular savings account. The Discover® Online Savings Account, for example, offers a competitive interest rate with no fees or minimum deposit.
Find a high yield CD account from Discover. Compare online CD rates and choose the best CD term to reach your financial goals. Open a CD online today.
Get answers to your Online Savings Account questions with our comprehensive FAQs. Learn how to open an account, and the minimum deposit requirements.
Considering how you might use your account, and the potential fees, could help you decide which account works best for you. If you’re interested in opening a savings account online, you might want to take a look at the banks’ websites and mobile apps.
Send and receive money with Zelle®. Zelle® is fast. Whether you’re sending or receiving, Discover doesn’t charge any fees to use Zelle. U.S. checking or savings account required to use Zelle®. Transactions between enrolled consumers typically occur in minutes.
Learn how several free and easy options can help you fund your new account quickly. Open an online checking account with cashback debit today. Earn cash back, enjoy no fees, and experience the freedom of a free checking account.
To receive the Statement Credit, your friend must apply online for the specific offer sent via the digital link provided and make a purchase within three months of opening a new Discover account. You will receive a Statement Credit for each approved friend, up to $500 per calendar year.