Discover Bank vs Bluevine
Discover Bank is a solid online bank with high APY rates and good customer service. How does it compare to Bluevine? Read our comparison chart below.
Discover Bank offers some of the highest interest rates on the market. CDs go up to 10-year terms and have a minimum deposit of $2,500. There are no service fees.
While Bluevine offers one of the highest APYs on the market for its Business Checking account. You also get 5 free subaccounts, unlimited transactions, 2 free checkbooks a year, and additional users at no extra cost. There's no monthly fee.
Compare Discover Bank with Bluevine, side-by-side. Read on for an in-depth look, including ratings, reviews, pros and cons.
 |  | |
 | | |
Discover Bank | Bluevine | |
|---|---|---|
Discover Online Savings - $200 Cash Bonus - | Business Checking - Up to 2.0% APY - | |
Benefits and Features | ||
| Savings | No savings account, but you add 5 free sub accounts | |
| CD | 2.00% to 4.30% APY. Terms of 3 months to 10 years. $2,500 minimum | |
| Checking | Cashback Debit Account: 1% cash back on up to $3,000 in debit card purchases each month. See website for details | Up to 2.0% APY. No monthly fees; no balance requirements; no overdraft fees |
| Money Market | 3.20% APY under $100,000; 3.25% APY $100,000 or more. $2,500 minimum deposit. | |
| APY | 2.0% APY on balances up to $100,000 for customers that meet monthly eligibility requirements | |
| Customer Service | Phone and email: Monday - Friday. 8 am to 8 pm EST | |
| Minimum Deposit to Open | ||
| ACH Transfer Fee | ||
| ATMs | ||
| Balance Requirement | ||
| Cash Deposit Fee | ||
| Incoming Wire Transfer Fee | ||
| IRA CD | 12-month CD APY of 4.25%. 24-month CD APY of 4.30%. 5-year CD APY of 4.30%. | |
| Locations | ||
| Out of Network ATM Fee | ||
| Outgoing Wire Transfer Fee | ||
| Overdraft Fee | ||
| Monthly Fee | ||
CreditDonkey® Reviews | ||
| | |
| Savings |   | |
| Checking |  | |
| Money Market | | |
| Customer Service | | |
| Mobile App | | |
| Fees | | |
| Pros & Cons | Pros:
| Pros:
|
| Bottom Line | Solid online bank with high APY rates and good customer service... | Free account with interest for basic business checking needs... |
| | |
Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details. Discover Bank: Pricing information and data points from published website as of 11/10/2022 | ||
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 CY323 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 3/15/2023, 11:59 PM ET. Offer may be modified or withdrawn without notice. See advertiser website for full details.
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 CY323 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 3/15/2023, 11:59 PM ET. Offer may be modified or withdrawn without notice. See advertiser website for full details.
Online Savings Account - Earn 3.30% APY
- No fees
- No minimum opening deposit
- No minimum balance required
Business Checking - Up to 2.0% APY
- 2.0% APY on your balance up to $100,000 for customers that meet monthly eligibility requirements
- $0 minimum opening deposit
- $0 monthly service fee
Open a Free Business Checking Account
- 2.0% APY on your balance up to $100,000 for customers that meet monthly eligibility requirements
- $0 minimum opening deposit
- $0 monthly service fee
Business Checking - Up to 2.0% APY
- 2.0% APY on balances up to $100,000 for eligible customers
- Unlimited transactions
- 5 free subaccounts with unique account numbers
- 2 free checkbooks per year
- $0 monthly service fee
Which is Better: Discover Bank or Bluevine?
Still need help deciding which bank reviews & deals is better? Read the in-depth reviews below. You may also be interested in comparing Discover Bank or Chase.
In short: Discover Bank's customer service is outstanding.
Articles on Discover Bank
Discover Bank Review
Discover Online Savings Account Review
Discover CD Review
Is Discover a Real Bank
Is Discover Savings Worth It
Discover Savings Bonus
Articles on Bluevine
Bluevine Business Checking Review
Is Bluevine Safe
Bluevine Alternatives
Which Do You Think is Best?
You Might Also Like
Best Joint Checking Accounts
