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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
Member FDIC
Bluevine
 Visit SiteVisit Site
 

Discover Bank

Bluevine

SPECIAL OFFER
Online Savings Account - Earn 4.30% APY - Learn More

Read Discover Bank Review

SPECIAL OFFER
Free Business Checking - Up to 2.0% APY - Learn More

Read Bluevine Review

 

Benefits and Features

Savings
4.30% APY
No savings account, but you add 5 free sub accounts
CD2.00% to 4.80% APY depending on terms. $2,500 minimum 
CheckingCashback Debit Account: 1% cash back on up to $3,000 in debit card purchases each month. See website for details4.25% APY for Premier customers, 2.0% 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
Premier tier: $95 per month (can be waived with $100k average daily balance and $5k debit card spend)
Money Market4.15% APY under $100,000; 4.20% APY $100,000 or more. $2,500 minimum deposit. 
APY 4.25% APY on balances up to $3M for Premier customers; 2.0% APY on balances up to $250,000 for Standard tier customers that meet monthly eligibility requirements
Minimum Deposit to Open 
$0
ACH Transfer Fee 
$0
ATMs
Over 60,000 no-fee ATMs
38,000+ MoneyPass ATMs
Balance Requirement 
None
Cash Deposit Fee 
  • $4.95 per deposit at Green Dot locations
  • $1 + 0.5% of the deposit amount at Allpoint+ ATMs
Customer Service
24/7
Phone and email: Monday - Friday. 8 am to 8 pm EST
Incoming Wire Transfer Fee 
$0
IRA CD12-month CD APY of 4.80%. 18-month CD APY of 4.50%. 24-month CD APY of 4.00%. 5-year CD APY of 3.75%. 
Locations
Online Only
Online only
Out of Network ATM Fee 
$2.50
Outgoing Wire Transfer Fee 
$15 ($7.50 for Premier)
Overdraft Fee 
$0
 

CreditDonkey® Reviews

 Discover BankBluevine
SavingsStarStarStarStarHalf Star
CheckingStarStarStarStarEmpty StarStarStarStarStarHalf Star
Money MarketStarStarStarStarHalf Star
Mobile AppStarStarStarStarStarStarStarStarStarHalf Star
Customer ServiceStarStarStarStarStarStarStarStarHalf StarEmpty Star
FeesStarStarStarStarStar
Pros & ConsPros:
  • High yield
  • No fees
  • 24/7 customer service
Cons:
  • No interest checking
  • $2,500 minimum deposit for CDs
Pros:
  • High interest rate
  • $0 monthly fee
  • 2 free checkbooks
Cons:
  • Fees to deposit cash
  • No physical branches
Bottom LineSolid online bank with high APY rates and good customer service... Read full reviewFree account with interest for basic business checking needs... Read full review
 Visit SiteVisit 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 02/07/2024.

Discover Bank
Member FDIC

Online Savings Account - Earn 4.30% APY

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

Online Checking Account - Earn Cash Back

  • 1% cash back on up to $3,000 in debit card purchases each month. See website for details
  • No fees
  • Early Pay - Get your paycheck up to two days early with no charge
  • No credit impact - You can apply without affecting your credit score.
  • Access to over 60,000 no-fee ATMs in the U.S.
Discover Bank
Member FDIC

Discover® Cashback Checking – Up to $30/Month Cashback

Earn 1% cash back on up to $3,000 in debit card purchases each month, for a total of up to $30 cashback per month. Discover Cashback Debit checking account has no minimum balance requirement, no fees, and free online bill pay. See website for details.

Bluevine

Free Business Checking - Up to 2.0% APY

  • 2.0% APY on your balance up to $250,000 for customers that meet monthly eligibility requirements
  • $0 minimum opening deposit
  • $0 monthly service fee
Banking services provided by Coastal Community Bank, Member FDIC
Bluevine

Free Business Checking - Up to 2.0% APY

  • 2.0% APY on balances up to $250,000 for eligible customers
  • Unlimited transactions
  • 5 free subaccounts with unique account numbers
  • 2 free checkbooks per year
  • $0 monthly service fee
Banking services provided by Coastal Community Bank, Member FDIC
Bluevine

Premier Business Checking - Up to 4.25% APY

  • 4.25% APY on balances up to $3,000,000
  • $0 minimum opening deposit
  • 50% off most Standard payment fees
  • Priority customer support
  • Waive the $95 monthly service fee with $100k average daily balance and $5k debit card spend
Banking services provided by Coastal Community Bank, Member FDIC

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® 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 Online 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.

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 Money Market vs Savings

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

Is Discover a 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.

Articles on Bluevine

Bluevine Business Checking Review

Bluevine offers free business checking with a high interest rate. But what's the catch? Is it right for your business? Read on for the full review.

Is Bluevine Safe

Bluevine provides banking products for small business owners in the digital age. But is it safe and legit? Read on to find out.

Bluevine Alternatives

Bluevine offers a high APY and no monthly fees. But it has limitations. Find out if one of these business checking alternatives is better for you instead.

Which Do You Think is Best?





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