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Customers Bank vs Discover Bank

Customers Bank is a solid bank that offers an interest-earning checking account and savings options with good APY. How does it compare to Discover Bank? Read our comparison chart below.

 Customers BankDiscover Bank
Member FDIC
 Learn MoreVisit Site
 

Customers Bank

Discover Bank

SPECIAL OFFER
High-Yield Savings Account - 4.01% APY - Learn More

Read Customers Bank Review

SPECIAL OFFER
Discover® Online Savings - $200 Cash Bonus - Learn More

Read Discover Bank Review

 

Benefits and Features

SavingsYield Shield Savings Account - 4.23% APY. $25,000 minimum opening deposit.
3.60% APY
CD3.25% to 4.15% APY. Terms of 3 to 60 months. $500 minimum to open2.00% to 4.00% APY depending on terms
CheckingUp to 2.00% APY. $50 to open, no balance required, no monthly 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.
Mobile App 
iOS & Android
ATMs 
Over 60,000 no-fee ATMs
Customer Service 
24/7
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 
Online Only
 

CreditDonkey® Reviews

 Customers BankDiscover Bank
SavingsStarStarStarHalf StarEmpty StarStarStarStarStarHalf Star
CDStarStarStarStarEmpty Star
CheckingStarStarStarStarEmpty StarStarStarStarStarEmpty Star
Mobile AppStarStarStarEmpty StarEmpty StarStarStarStarStarStar
Customer ServiceStarStarHalf StarEmpty StarEmpty StarStarStarStarStarStar
Money MarketStarStarStarStarHalf Star
Pros & ConsPros:
  • Competitive rates
  • No monthly fees
  • Access to physical branches
Cons:
  • Wire transfer fees
Pros:
  • High yield
  • No fees
  • 24/7 customer service
Cons:
  • No interest checking
Bottom LineSolid bank that offers an interest-earning checking account and savings options with good APY... Read full reviewSolid online bank with high APY rates and good customer service... Read full review
 Learn MoreVisit Site

Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details.

Customers Bank: Pricing information from published website as of 03/02/2025.

Discover Bank: Pricing information and data points from published website as of 04/22/2025.

Customers Bank

High-Yield Savings Account - 4.01% APY

Get Deal
  • $1 minimum deposit
  • No fees
  • 24/7 online access to funds
  • FDIC insured
Discover Bank
Member FDIC

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.

Get Deal
Expires 9/11/2025
Discover Bank
Member FDIC

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.

Get Deal
Expires 9/11/2025
Discover Bank
Member FDIC

Online Savings Account - Earn 3.60% APY

Get Deal
  • No fees
  • No minimum opening deposit
  • No minimum balance required

Which is Better: Customers Bank 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 Customers Bank or Bank of America.

In short: Discover Bank's savings, mobile app, and customer service are worth mentioning. In particular, the mobile app and customer service are outstanding.

Articles on Customers Bank

Customers Bank Review

Customers Bank boasts several interest-earning accounts with good APYs. Read on for all the details.

Articles on Discover Bank

Discover Bank Review

Discover® Bank 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.

Discover Savings Account Review

Make your money work with Discover® Bank high yield savings: high interest, no fees. Find out its benefits, drawbacks, and the easy way to open an account.

Discover CD

Maximize returns with Discover® Bank lucrative CD rates - no hidden fees. Read this detailed review.

Discover Bank Bonus

Want to get cash bonuses on a Discover® Bank Online Savings Account? Read on to learn about the promotions currently available.

Discover Checking Account Bonus

Discover® Bank doesn't currently offer a direct bonus for new checking accounts. Instead, it's got other incentives to lure you in.

Discover Savings Account Bonus

Earn up to $200 bonus by opening a Discover® Online Savings Account. Find out how to qualify with the correct bonus.

Discover Bank Locations

Wondering if there is a Discover® Bank near you? Read this article to find out.

Discover Checking Account Fees

Does Discover® Cashback Debit have any fees? Find out if they are completely fee-free.

Who Owns Discover

You've probably heard of Discover credit cards, but what exactly is Discover® Bank? Is it a legitimate bank? Read on for all the details.

Discover Checking Account Minimum Balance

Discover® Cashback Debit doesn't have a minimum balance. But what's the catch? Read on for all the details.

Discover Checking Account Requirements

Discover® checking account offers no monthly fees and a rewarding cashback program. Here's what you need to open an account today.

Discover Savings vs Money Market

Discover® Bank boasts solid rates for both their money market and savings accounts. Find out which one is more suited for you.

Is Discover Bank a Good and Real Bank

Looking for a safe bank with great rates? This analysis of Discover® Bank reveals all - is it legit? Find out now.

Is Discover Savings Worth It

Is your money secure in a high-yield Discover® savings account? Get your answers now.

Which Do You Think is Best?




Which Bank Account is Right for You?

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