February 16, 2024

Discover Bank Locations

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

Discover® Bank Locations

Discover is an online bank based in Greenwood, Delaware. They don't have retail branches to serve customers, but they do maintain several corporate offices in the US[1].

How many locations does Discover have?
Discover® Bank is an online-only bank, but it does have one flagship branch located in Greenwood, Delaware.

About Discover® Bank

Discover Bank is a digital bank that was historically owned by Discover Financial Services, but has been acquired by Capital One. They are best known for their credit cards, but they also provide other banking products such as savings, CDs, and loans.

Despite not having any physical locations, Discover offers great accessibility thanks to its easy-to-use online banking platform.

How do you primarily interact with your bank?

Discover Mobile App

Being one of the most popular digital banks, Discover is known for its top-rated, easy-to-use mobile app. It comes with a variety of handy features such as:

  • Mobile check deposit
  • Money transfer
  • Account and activity alerts

How do I deposit money into Discover Bank?
There are several ways you can deposit money into your Discover® Online Savings Account, such as:
  • Mobile check deposits
  • Online bank transfers
  • Direct deposits
  • Mail a check

Discover Bank Customer Support

Discover boasts 24/7 customer support, so here are some ways you can reach them:

By phone:

  • To open an account: 1-800-347-7000
  • For online banking technical support: 1-800-290-9885
  • To report fraudulent activity: 1-877-737-1931
  • For calls outside the US: 1-801-451-3737

By mail:

  • For savings accounts:
    General Correspondence, Discover Bank, PO Box 30416, Salt Lake City, UT 84130
  • For new accounts and deposits:
    Discover Bank, PO Box 30417, Salt Lake City, UT 84130

Discover Bank Pros & Cons

Pros

  • High rates on savings accounts
  • No monthly fees for savings
  • No balance requirement for savings
  • 24/7 customer service

Cons

  • Online-Only banking
  • No ATM card for savings account
  • $30 outgoing wire transfer fee[2]

What is most important to you when choosing a bank?

How to Open a Discover Account

You can easily open a Discover account online. Here's how to do it through their website:

  1. Click Open an Account and select the product.
  2. Fill out the online application form with the necessary information.
  3. Submit your application and fund your account (if needed).

You would typically need to provide the following details: legal name, birth date, residential address, Social Security or Tax Identification number, and a valid government ID.

Is Discover Bank Safe?

Yes, your funds are secure with Discover because of FDIC insurance. Each depositor is protected up to $250,000 per ownership category, ensuring the safety of your deposits. Discover is a division of Capital One, N.A., an FDIC-insured bank (FDIC Cert #4297).

In the rare event of a bank failure, you can have peace of mind that your savings won't be lost.

Discover Bank Offers

Bottom Line

Discover Bank is a solid option for securing and growing your funds. Even though they don't have physical branches, they stand out in delivering excellent banking products and services.

You can also easily open and manage your account online, making financial management so much easier.

References

  1. ^ Discover Bank. Our Locations, Retrieved 11/18/2023
  2. ^ Discover Bank. FAQ: Is there a service charge for sending a wire transfer?, Retrieved 01/12/2024
Discover Bank
Member FDIC

Discover® Online Savings - $200 Cash Bonus

Expires 3/12/2026

To qualify for Bonus: Apply for your first Discover Online Savings Account, enter Offer Code CY925 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 03/12/2026, 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.

Wells Fargo

Wells Fargo Everyday Checking Account - $325 Bonus

Expires 10/15/2025
  • Get a $325 new checking customer bonus when you open an Everyday Checking account and receive $1,000 or more in qualifying direct deposits.
  • Wells Fargo Bank, N.A. Member FDIC
Bank of America
Member FDIC

Bank of America Advantage Banking - Up to $500 Cash Offer

Expires 1/31/2026
  • The cash offer up to $500 is an online only offer and must be opened through the Bank of America promotional page.
  • The offer is for new checking customers only.
  • Offer expires 1/31/2026.
  • To qualify, open a new eligible Bank of America Advantage Banking account through the promotional page and set up and receive Qualifying Direct Deposits* into that new eligible account within 90 days of account opening. Your cash bonus amount will be based on the total amount of your Qualifying Direct Deposits received in the first 90 days.
    Cash BonusTotal Qualifying Direct Deposits
    $100$2,000
    $300$5,000
    $500$10,000+
  • If all requirements are met 90 days after account opening, Bank of America will attempt to deposit your bonus into your new eligible account within 60 days.
  • Bank of America Advantage SafeBalance Banking® for Family Banking accounts are not eligible for this offer.
  • Additional terms and conditions apply. See offer page for more details.
  • *A Qualifying Direct Deposit is a direct deposit of regular monthly income – such as your salary, pension or Social Security benefits, which are made by your employer or other payer – using account and routing numbers that you provide to them.
  • Bank of America, N.A. Member FDIC.
U.S. Bank
Member FDIC

U.S. Bank Business Essentials - $400 Bonus

Expires 9/30/2025

Promo code Q3AFL25 MUST be used when opening a U.S. Bank Business Essentials or Platinum Business Checking account. Limit of one bonus per business. A $100 minimum deposit is required to open one of the referenced accounts.

Earn your $400 Business Checking bonus by opening a new U.S. Bank Business Essentials account between 7/1/2025 and 9/30/2025. You must make deposit(s) of at least $5,000 in new money within 30 days of account opening and thereafter maintain a daily balance of at least $5,000 until the 60th day after account opening. You must also complete 5 qualifying transactions within 60 days of account opening.

Qualifying transactions include debit card purchases, ACH credits, Wire Transfer credits and debits, Zelle credits and debits, U.S. Bank Mobile Check Deposit or Bill Pay. Other transactions such as (but not limited to) other Person to Person payments, transfers to credit card or transfers between U.S. Bank accounts are not eligible.

New money is considered money that is new to U.S. Bank. Funds must come from outside U.S. Bank and cannot be transferred from another U.S. Bank product or a U.S. Bank Affiliate. For accounts opened on non-business days, weekends or federal holidays, the open date is considered the next business day. Account fees (e.g., monthly maintenance, paper statement fee, etc.) could reduce the qualifying daily balance, therefore you must make deposit(s) to cover the fees to maintain the daily balance during the qualifying period to be awarded the bonus. Refer to the Business Pricing Information or Business Essentials® Pricing Information Document for a list of fees.

Bonus will be deposited into your new eligible U.S. Bank Business Checking account within 30 days following the last calendar day of the month you complete all of the offer requirements, as long as the account is open and has a positive available balance.

Offer may not be combined with any other business checking account bonus offers. Existing customers (businesses) with a business checking account or customers (businesses) who had an account in the last 12 months, do not qualify.

All regular account-opening procedures apply. For a comprehensive list of checking account pricing, terms and policies, reference your Business Pricing Information or Business Essentials® Pricing Information and YDAA disclosure. These documents can be obtained by contacting a U.S. Bank branch or calling 800.872.2657.

Bonus will be reported as interest earned on IRS Form 1099-INT and recipient is responsible for any applicable taxes. Current U.S. Bank employees are not eligible. U.S. Bank reserves the right to withdraw this offer at any time without notice. Member FDIC

CIT Bank
Member FDIC

CIT Bank Platinum Savings - 4.00% APY

  • 4.00% APY with a balance of $5,000 or more
  • 0.25% APY with a balance of less than $5,000
  • $100 minimum opening deposit
  • No monthly maintenance fee
  • Member FDIC

Write to Darlene Santos at feedback@creditdonkey.com. Follow us on Twitter and Facebook for our latest posts.

Note: This website is made possible through financial relationships with some of the products and services mentioned on this site. We may receive compensation if you shop through links in our content. You do not have to use our links, but you help support CreditDonkey if you do.

Compare:

How do you primarily interact with your bank?
81% In person at a branch
7% Online banking through a website
5% Through a mobile banking app
3% Over the phone with customer service
5% I use a combination of the above methods.
Source: CreditDonkey. Totals may not add to 100% due to rounding.
What is most important to you when choosing a bank?
86% Location of physical branches
2% Quality of online banking interface
1% Mobile app features and reliability
4% Customer service quality
7% Interest rates and fees
Source: CreditDonkey
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About Discover Bank

Discover® Bank offers some of the highest interest rates for its savings account. There are no fees for savings accounts.

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 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.

*Terms and conditions apply. Reasonable efforts are made to maintain accurate information. However, all information is presented without warranty. Please review the merchant's website for terms and conditions.

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.

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