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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 - 3.76% APY - Learn More

Read Customers Bank Review

SPECIAL OFFER
Online Savings Account - Earn 3.40% APY - Learn More

Read Discover Bank Review

 

Benefits and Features

SavingsYield Shield Savings Account - 3.98% APY. $25,000 minimum opening deposit.
3.40% APY
CD3.50% to 3.90% APY. Terms of 3 to 24 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. 
Mobile App 
iOS & Android
ATMs 
Over 60,000 no-fee ATMs
Customer Service 
24/7
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
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 10/01/2025.

Discover Bank: Pricing information and data points from published website as of 09/30/2025.

Customers Bank

High-Yield Savings Account - 3.76% APY

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

Online Savings Account - Earn 3.40% APY

  • No fees
  • No minimum opening deposit
  • No minimum balance required
Discover Bank
Member FDIC

Certificate of Deposit

  • 3.50% APY for 6-month term
  • 4.00% APY for 12-month term
  • 3.80% APY for 18-month term
  • 3.60% APY for 24-month term
  • 3.60% APY for 36-month term
  • 3.60% APY for 5-year term
Discover Bank
Member FDIC

Discover® CD Rates

  • No minimum opening deposit required
  • No fees
  • FDIC insured

Term CD Rates
3 Months 2.00% APY
6 Months 3.50% APY
9 Months 3.50% APY
1 Year 4.00% APY
1.5 Years 3.80% APY
2 Years 3.60% APY
2.5 Years 3.60% APY
3 Years 3.60% APY
4 Years 3.60% APY
5 Years 3.60% APY
7 Years 3.50% APY
10 Years 3.50% APY

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 Locations

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

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.

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?


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.

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