Chime vs Discover Bank

	Chime	Discover Bank


	SPECIAL OFFER Get Started - Learn More Read Chime Review	SPECIAL OFFER Discover Online Savings - $200 Cash Bonus - Learn More Read Discover Bank Review
	Benefits and Features
Savings	2.00% Annual Percentage Yield (APY). The Annual Percentage Yield ("APY") for the Chime Savings Account is variable and may change at any time. The disclosed APY is effective as of November 17, 2022. No minimum balance required. Must have $0.01 in savings to earn interest.	3.60% APY
CD		2.00% to 4.75% APY depending on terms. $2,500 minimum
Checking	No monthly service fee; no minimum balance; no overdraft fees; no foreign transaction fees	Cashback Debit Account: 1% cash back on up to $3,000 in debit card purchases each month. See website for details
Money Market		3.50% APY under $100,000; 3.55% APY $100,000 or more. $2,500 minimum deposit.
Customer Service	24/7	24/7
Minimum Deposit to Open	$0
Mobile App	iOS & Android
ATMs	Over 60,000 fee-free MoneyPass, Allpoint, and Visa Plus Alliance ATMs	Over 60,000 no-fee ATMs
IRA CD		12-month CD APY of 4.50%. 24-month CD APY of 4.30%. 5-year CD APY of 4.10%.
Locations	Online only	Online Only
Monthly Fee	$0
	CreditDonkey® Reviews

Savings
Checking
Customer Service
Mobile App
Money Market
Pros & Cons	Pros: No account fees Get paycheck 2 days early Up to $200 overdraft coverage Cons: Hard to deposit cash	Pros: High yield No fees 24/7 customer service Cons: No interest checking $2,500 minimum deposit for CDs
Bottom Line	Read full review	Solid online bank with high APY rates and good customer service... Read full review

	Get Started Deposit a Check Using a Mobile App (No Monthly Fees) Free Mobile Checking	Discover Online Savings - $200 Cash Bonus Discover Online Savings - $150 Cash Bonus Online Savings Account - Earn 3.60% APY
Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details. Chime: Chime is a financial technology company, not a bank. Banking services provided by, and debit card issued by, The Bancorp Bank or Stride Bank, N.A.; Members FDIC. Discover Bank: Pricing information and data points from published website as of 03/17/2023.

Member FDIC

Discover Online Savings - $200 Cash Bonus

To get your $150 or $200 Bonus: What to do: Apply for your first Discover Online Savings Account, online, in the Discover App or by phone. Enter Offer Code CY223 when applying. 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. Deposit must be posted to account within 30 days of account open date. Maximum bonus eligibility is $200.

What to know: Offer not valid for existing or prior Discover savings customers or existing or prior customers with savings accounts that are co-branded, or affinity accounts provided by Discover. 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 the account qualifying for the bonus. Bonus is interest and subject to reporting on Form 1099-INT. Offer ends 6/15/2023, 11:59 PM ET. Offer may be modified or withdrawn without notice. See advertiser website for full details.

Get Deal

Expires 6/15/2023

Member FDIC

Discover Online Savings - $150 Cash Bonus

To get your $150 or $200 Bonus: What to do: Apply for your first Discover Online Savings Account, online, in the Discover App or by phone. Enter Offer Code CY223 when applying. 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. Deposit must be posted to account within 30 days of account open date. Maximum bonus eligibility is $200.

Get Deal

Expires 6/15/2023

Member FDIC

Online Savings Account - Earn 3.60% APY

Get Deal

No fees
No minimum opening deposit
No minimum balance required

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