CreditDonkey is a bank comparison and reviews website. This website is made possible through financial relationships with card issuers and some of the products and services mentioned on this site. Advertiser Disclosure†





April 25, 2019

Discover Bank Promotions

Discover Bank is currently offering one promotion. Read our in-depth review of Discover Bank to see why Discover Bank scored 4.8 stars out of 5. We like their 1% cashback checking, high apys, and 24/7 customer service.

If you're looking for bank promotions, you must check out these offers.


Savings Bonus

© CreditDonkey

    Discover Online Savings - $150 Cash Bonus

    Apply for your first Discover Online Savings Account by 5/6/19, online or by phone. Enter Offer Code NPBB419 when applying. Deposit into your account at least $15,000 by 5/20/19 to earn $150 bonus. Bonus will be credited to your account by 6/3/19.

    Expires 5/6/2019

    Discover Online Savings - $200 Cash Bonus

    Apply for your first Discover Online Savings Account by 5/6/19, online or by phone. Enter offer code NPBB419 when applying. Deposit into your account at least $25,000 by 5/20/19. Bonus will be credited to the account by 6/3/19.

    Expires 5/6/2019

Checking Bonus

© CreditDonkey

    Discover Cashback Checking – Up to $30/Month Cashback

    Earn 1% cash back on up to $3,000 in debit card purchases each month, for a total of up to $30 cashback per month. Discover Cashback Checking has no minimum balance requirement, no monthly service fee, and free online bill pay.

Cashback Bonus

© CreditDonkey

Intro APR for PurchasesIntro APR for Balance TransferRegular APRAnnual Fee
0% for 14 months
0% for 14 months
14.24% - 25.24% Variable
$0

Disclaimer: The information for the Discover it® Cash Back has been collected independently by CreditDonkey. The card details on this page have not been reviewed or provided by the card issuer.

Student Cashback Bonus

Intro APR for PurchasesIntro APR for Balance TransferRegular APRAnnual Fee
0% for 6 months
10.99% for 6 months
15.24% - 24.24% Variable
$0

Disclaimer: The information for the Discover it® Student Cash Back has been collected independently by CreditDonkey. The card details on this page have not been reviewed or provided by the card issuer.

Compare Bank Interest Rates

    Online Savings Account - Earn 2.10% APY

    • No minimum opening deposit
    • No monthly fee
    • No minimum balance required to waive monthly fee

Compare Promotions

Discover Bank Offers You May Have Missed

Don't miss another hot deal. Check back often at CreditDonkey.

    $200

    Discover Online Savings - $200 Cash Bonus

    New Discover savings customers only. Open a new Discover Online Savings account by 04/02/18 and deposit at least $25,000 by 4/16/2018 to earn a $200 bonus. Use the offer code “SR18” when applying. Bonus will be credited to the account by 04/30/18.

    Expired 4/2/2018
    $150

    Discover Online Savings - $150 Cash Bonus

    New Discover savings customers only. Open a new Discover Online Savings account by 04/02/18 and deposit at least $15,000 by 4/16/2018 to earn a $150 bonus. Use the offer code “SR18” when applying. Bonus will be credited to the account by 04/30/18.

    Expired 4/2/2018
    $150

    Discover Online Savings - $150 Bonus

    Apply for your first Discover Online Savings Account by 10/08/18, online or by phone. Enter Offer Code NPBB918 when applying. Deposit into your account a total of at least $15,000 to earn a $150 Bonus by 10/22/2018.

    Expired 10/8/2018
    $150

    Discover Online Savings - $150 Cash Bonus

    Apply for your first Discover Online Savings Account by 4/1/19, online or by phone. Enter offer code NPBB319 when applying. Deposit into your account at least $15,000 by 4/15/19. Bonus will be credited to the account by 4/29/19.

    Expired 4/1/2019
    $150

    Discover Online Savings - $150 Cash Bonus

    Apply for your first Discover Online Savings Account by 3/4/19, online or by phone. Enter offer code NPBB219 when applying. Deposit into your account at least $15,000 by 3/18/19. Bonus will be credited to the account by 4/1/19.

    Expired 3/4/2019
    $200

    Discover Online Savings - $200 Cash Bonus

    Apply for your first Discover Online Savings Account by 3/4/19, online or by phone. Enter offer code NPBB219 when applying. Deposit into your account at least $25,000 by 3/18/19. Bonus will be credited to the account by 4/1/19.

    Expired 3/4/2019
    $150

    Discover Online Savings - $150 Cash Bonus

    Apply for your first Discover Online Savings Account by 2/4/19, online or by phone. Enter offer code NPBB119 when applying. Deposit into your account at least $15,000 by 2/18/19. Bonus will be credited to the account by 3/4/19.

    Expired 2/4/2019
    $200

    Discover Online Savings - $200 Cash Bonus

    Apply for your first Discover Online Savings Account by 2/4/19, online or by phone. Enter offer code NPBB119 when applying. Deposit into your account at least $25,000, by 2/18/19. Bonus will be credited to the account by 3/4/19.

    Expired 2/4/2019
    $200

    Discover Online Savings - $200 Cash Bonus

    Apply for your first Discover Online Savings Account by 1/14/19, online or by phone. Enter Offer Code NPBB1218 when applying. Deposit into your account at least $25,000 by 1/28/19 to earn $200 bonus. Bonus will be credited to your account by 2/11/19.

    Expired 1/14/2019
    $150

    Discover Online Savings - $150 Bonus

    Apply for your first Discover Online Savings Account by 10/31/18, online or by phone. Enter Offer Code NPBB1018 when applying. Deposit into your account a total of at least $15,000 to earn a $150 Bonus by 11/14/18. Bonus will be credited to the account by 11/28/18.

    Expired 10/31/2018

Discover Bank offers some of the highest interest rates on the market for its savings products. In addition, Discover offers checkback checking. There are no service fees for any banking accounts.

Discover Bank Promotions

Discover Bank frequently offers cash bonuses for new banking customers. Keep your eye out on our page for coupons. If you see one, be aware of when the offer expires and act on it quick.

Discover promotions are available to all residents nationwide.

What to Open at Discover Bank

  • Cashback Checking. You earn 1% cash back on up to $3,000 in debit card purchases each month (up to $30/month). There is no minimum balance requirement. You also get a fee forgiveness each calendar year. There is no fee to reorder checks or replace debit card. There are over 60,000 no-fee ATMs.

  • Online Savings Account. Discover's savings account offers a high APY with no monthly service fee or minimum opening deposit.

  • Money Market Account. The Money Market account offers a high, competitive APY and more money flexibility. You get a free debit card and checks. You can write checks, pay bills, and make debit card purchases (up to 6 of these types of transactions per month). You can make unlimited ATM withdrawals. The minimum to open is $2,500.

  • 12-month CD. Discover offers one of the best APYs for a 12-month CD. The minimum deposit to open is $2,500. If you can commit to not touching that money for a year, then you'll get a higher APY than with the regular savings account.

What NOT to Open at Discover Bank

  • Short term CDs. For CD terms less than 12 months, the interest rate isn't great. In this case, it's much better to just save your money into the Discover Online Savings Account.

    Highlights

    Savings
    2.10% APY. No monthly service fee and no minimum deposit.
    CD
    0.35% to 3.10% APY. Terms of 3 months to 10 years. 12-month CD APY of 2.65%. 5-year CD APY of 3.00%. Minimum deposit of $2,500 to open.
    Checking
    Earn 1% cashback on up to $3,000 in debit card purchases each month. No monthly service fee and no minimum deposit.
    Money Market
    1.95% APY under $100,000; 2.00% APY $100,000 or more. No monthly service fee. $2,500 minimum deposit.
    Customer Service
    24/7
    ATMs
    Over 60,000 no-fee ATMs
    Locations
    Online Only

Pricing information from published website as of 4/23/2019

 Discover BankAlly Bank
 Learn MoreLearn More
 

Discover Bank

Ally Bank

 

Benefits and Features

Savings2.10% APY. No monthly service fee and no minimum deposit.2.20% APY. No monthly service fee and no minimum deposit.
CD0.35% to 3.10% APY. Terms of 3 months to 10 years. 12-month CD APY of 2.65%. 5-year CD APY of 3.00%. Minimum deposit of $2,500 to open.0.75% to 3.00% APY. Terms of 3 months to 5 years. 12-month CD APY of 2.75%. No minimum deposit to open.
CheckingEarn 1% cashback on up to $3,000 in debit card purchases each month. No monthly service fee and no minimum deposit.0.10% APY under $15,000; 0.60% APY $15,000 or more. No monthly service fee and no minimum deposit. Ally will refund ATM fees for other banks up to $10 per statement cycle.
Money Market1.95% APY under $100,000; 2.00% APY $100,000 or more. No monthly service fee. $2,500 minimum deposit.0.90% APY under $25,000; 1.00% APY $25,000 or more. No monthly service fee and no minimum deposit.
Customer Service
24/7
24/7
ATMs
Over 60,000 no-fee ATMs
Over 43,000 no-fee Allpoint ATMs
Locations
Online Only
Online Only

Discover Bank: Pricing information from published website as of 4/23/2019

Ally Bank: Pricing information from published website as of 4/23/2019.


Discover Bank Alternatives


Articles on Discover Bank

    Discover Bank

    February 8, 2018 - Reviews for Discover Bank Promotions
    Discover offers high interest rates on its online savings and CD accounts. But there are downsides. Here's what you need to know before you open an account.

Recent Mentions


Add your comment. Tell us, how do you save money at Discover Bank?

Name
Email (won't be published)

More Bank Promotions

More Deals from CreditDonkey


Next Page:







About CreditDonkey®
CreditDonkey is a bank comparison website. We publish data-driven analysis to help you save money & make savvy decisions.

Editorial Note: Any opinions, analyses, reviews or recommendations expressed on this page are those of the author's alone, and have not been reviewed, approved or otherwise endorsed by any card issuer.

†Advertiser Disclosure: Many of the card offers that appear on this site are from companies from which CreditDonkey receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). CreditDonkey does not include all companies or all offers that may be available in the marketplace.

*See the card issuer's online application for details about terms and conditions. Reasonable efforts are made to maintain accurate information. However, all information is presented without warranty. When you click on the "Apply Now" button you can review the terms and conditions on the card issuer's website.

CreditDonkey does not know your individual circumstances and provides information for general educational purposes only. CreditDonkey is not a substitute for, and should not be used as, professional legal, credit or financial advice. You should consult your own professional advisors for such advice.