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. 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 and pros.
 |  | |
| Visit Site | Visit Site | |
Discover Bank | Bluevine | |
|---|---|---|
Online Savings Account - Earn 3.40% APY - | Free Business Checking - Earn $500 Bonus - | |
Benefits and Features | ||
| Savings | No savings account, but you add 5 free sub accounts | |
| CD | 2.00% to 4.00% APY depending on terms | |
| Checking | 3.5% APY for Premier customers, 2.4% APY for Plus customers, 1.3% APY for Bluevine Standard tier customers. No monthly fees, no balance requirements, and no overdraft fees for Bluevine Standard | |
| Monthly Fee | Standard tier: $0 per month Plus Tier: $30 per month (can be waived with $20k average daily balance and $2k debit card spend) Premier tier: $95 per month (can be waived with $100k average daily balance and $5k debit card spend) | |
| APY | 3.5% APY on balances up to $3M for Premier customers; 2.4% APY on balances up to $250,000 for Plus customers; 1.3% APY on balances up to $250,000 for Standard tier customers that meet monthly eligibility requirements | |
| Minimum Deposit to Open | ||
| Mobile App | ||
| ACH Transfer Fee | ||
| ATMs | approximately 40,000 MoneyPass ATMs | |
| Balance Requirement | ||
| Cash Deposit Fee | $4.95 per deposit at Green Dot locations or $1 + 0.5% of the deposit amount at Allpoint+ ATMs | |
| Customer Service | Phone and email: Monday - Friday. 8 am to 8 pm EST | |
| Incoming Wire Transfer Fee | ||
| Locations | ||
| Out of Network ATM Fee | ||
| Outgoing Wire Transfer Fee | $15 ($12 for Plus; $7.50 for Premier) | |
| Overdraft Fee | ||
CreditDonkey® Reviews | ||
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| Savings |   | |
| Checking |  | |
| Money Market | | |
| Mobile App | | |
| Customer Service | | |
| Fees | | |
| Pros & Cons | Pros:
| Pros:
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| Bottom Line | Solid online bank with high APY rates and good customer service... | Free account with interest for basic business checking needs... |
| Visit Site | Visit Site | |
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 09/30/2025. | ||
Online Savings Account - Earn 3.40% APY
- No fees
- No minimum opening deposit
- No minimum balance required
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® 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 |
Free Business Checking - Earn $500 Bonus
To earn the $500 bonus, customers must apply for a Bluevine Business Checking account anytime between now and 01/31/2026 using the referral code CD500.
After opening your account, deposit a total of $5,000 within the first 30 days. After 30 days, maintain a minimum daily balance of $5,000 while also completing at least one of the following eligibility requirements every 30 days for 90 days:
- Deposit at least $5,000 from eligible merchant services to your Bluevine account OR
- Make at least $5,000 of outbound payroll payments from your Bluevine account using eligible payroll providers OR
- Spend at least $2,000 on eligible transactions with your Bluevine Business Debit Mastercard® and/or Bluevine Business Cashback Mastercard®
Banking services provided by Coastal Community Bank, Member FDIC
Free Business Checking - Up to 1.3% APY
- 1.3% APY on your balance up to $250,000 for customers that meet monthly eligibility requirements
- $0 minimum opening deposit
- $0 monthly service fee
Free Business Checking - Up to 1.3% APY
- 1.3% APY on balances up to $250,000 for eligible customers
- Unlimited transactions
- Free unlimited invoicing and payment links
- 5 free subaccounts with unique account numbers
- 1 free checkbook for the life of the account
- $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 Wells Fargo.
In short: Discover Bank's customer service is outstanding.
Articles on Discover Bank
Discover Bank Review
Discover Online Savings Account Review
Discover CD
Discover Bank Locations
Who Owns Discover
Is Discover a Real Bank
Is Discover Savings Worth It
Articles on Bluevine
Bluevine Business Checking Review
Is Bluevine Safe
