UFB Direct vs Discover Bank
UFB Direct is a safe digital bank for high APYs on personal savings and MMAs. How does it compare to Discover Bank? Read our comparison chart below.
UFB Direct specializes in online savings accounts with competitive APYs. The UFB Savings has no monthly fees and comes with a complimentary ATM card, while the UFB Money Market has balance requirements but offers check-writing privileges.
While Discover Bank offers some of the highest interest rates on the market. CDs go up to 10-year terms. There are no service fees.
Compare UFB Direct with Discover Bank, side-by-side. Read on for an in-depth look, including ratings, reviews, pros and cons.
 |  | |
| Visit Site | Visit Site | |
UFB Direct | Discover Bank | |
|---|---|---|
UFB Portfolio Savings - Earn up to 4.01% APY - | Discover® Online Savings - $200 Cash Bonus - | |
Benefits and Features | ||
| Savings | ||
| CD | 2.00% to 4.00% APY depending on terms | |
| Checking | Cashback Debit Account: 1% cash back on up to $3,000 in debit card purchases each month. See website for details | |
| Money Market | 3.40% APY under $100,000; 3.45% APY $100,000 or more. | |
| Mobile App | ||
| ATMs | Free withdrawals at 91,000 ATMs across the nation | |
| Customer Service | ||
| IRA CD | 9-month CD APY of 4.00%. 12-month CD APY of 4.00%. 18-month CD APY of 3.80%. 24-month CD APY of 3.80%. 5-year CD APY of 3.50%. | |
| Locations | ||
CreditDonkey® Reviews | ||
| | |
| Savings |  |  |
| Money Market |  | |
| Mobile App | | |
| Customer Service | | |
| Checking | | |
| Pros & Cons | Pros:
| Pros:
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| Bottom Line | Safe digital bank for high APYs on personal savings and MMAs... | Solid online bank with high APY rates and good customer service... |
| Visit Site | Visit Site | |
Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details. UFB Direct: Pricing information from published website as of 06/07/2025. Discover Bank: Pricing information and data points from published website as of 06/26/2025. | ||
Discover® Online Savings - $200 Cash Bonus
To qualify for Bonus: Apply for your first Discover Online Savings Account, enter Offer Code CY325 at application, deposit into your Account a total of at least $15,000 to earn a $150 Bonus or deposit a total of at least $25,000 to earn a $200 Bonus. Qualifying deposit(s) may consist of multiple deposits and must post to Account within 45 days of account open date. Maximum bonus eligibility is $200.
What to know: Offer not valid for existing or prior Discover savings customers. Eligibility is based on primary account owner. Account must be open when bonus is credited. Bonus will be credited to the account within 60 days of qualifying for the bonus. Bonus is subject to tax reporting. Offer ends 09/11/2025, 11:59 PM ET. Offer may be modified or withdrawn without notice. Due to new customer funding limits, you may wish to initiate fund transfers at your other institution. For information on funding, see FAQs on Discover.com/Bank. See advertiser website for full details.
Discover® Online Savings - $150 Cash Bonus
To qualify for Bonus: Apply for your first Discover Online Savings Account, enter Offer Code CY325 at application, deposit into your Account a total of at least $15,000 to earn a $150 Bonus or deposit a total of at least $25,000 to earn a $200 Bonus. Qualifying deposit(s) may consist of multiple deposits and must post to Account within 45 days of account open date. Maximum bonus eligibility is $200.
What to know: Offer not valid for existing or prior Discover savings customers. Eligibility is based on primary account owner. Account must be open when bonus is credited. Bonus will be credited to the account within 60 days of qualifying for the bonus. Bonus is subject to tax reporting. Offer ends 09/11/2025, 11:59 PM ET. Offer may be modified or withdrawn without notice. Due to new customer funding limits, you may wish to initiate fund transfers at your other institution. For information on funding, see FAQs on Discover.com/Bank. See advertiser website for full details.
Online Savings Account - Earn 3.50% APY
- No fees
- No minimum opening deposit
- No minimum balance required
Which is Better: UFB Direct or Discover Bank?
Still need help deciding which bank reviews & deals is better? Read the in-depth reviews below. You may also be interested in comparing UFB Direct or CIT Bank.
In short: Discover Bank's customer service is outstanding.
Articles on UFB Direct
UFB Direct Review
UFB Direct Savings vs Money Market
Articles on Discover Bank
Discover Savings Review
Discover Online Savings Account Review
Discover CD
Discover Bank Bonus
Discover Checking Account Bonus
Discover Savings Bonus
Discover Bank Locations
Discover Checking Account Fees
Who Owns Discover
Discover Checking Account Minimum Balance
Discover Checking Account Requirements
Discover Money Market vs Savings
Is Discover Bank a Good and Real Bank
Is Discover Savings Worth It
Which Do You Think is Best?
Which Bank Account is Right for You?
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