Discover Bank vs Citizens Bank

Discover Bank is a solid online bank with high APY rates and good customer service. How does it compare to Citizens Bank? 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 Citizens Bank has over 1,000 branches on the East Coast. It offers a wide range of banking products and services, as well as financial tools to keep you on track. The GoalTrack Savings program offers gift card incentives for reaching your savings goals.

Compare Discover Bank with Citizens Bank, side-by-side. Read on for an in-depth look, including ratings, reviews and pros.

	Member FDIC	Citizens BankWells FargoBank of America
	Visit Site	Learn More
	Discover Bank	Citizens Bank
	SPECIAL OFFER Online Savings Account - Earn 3.40% APY - Learn More Read Discover Bank Review	SPECIAL OFFER Personal Checking and Savings Account - $400 Bonus - Learn More Read Citizens Bank Review
	Benefits and Features
Savings	3.40% APY	Several types of Savings accounts. 0.01% APY. No minimum opening deposit. $4.99 monthly maintenance fee, unless you have a minimum daily balance of $200 in your account, or have a qualifying Citizens Bank checkings account.
CD	2.00% to 4.00% APY depending on terms	Several types of CD accounts. Terms ranging from 6-10 month. 3.50% - 4.15% APY. Some APY rates may require qualifying Citizens Bank Checking Account. Minimum opening deposit $25000 for 6-Month and 10-Month online CD.
Money Market		Several types of Money Market accounts. 0.01% APY. No minimum opening deposit. Monthly maintenance fee of $10, unless you have a minimum daily balance of $2500. Other Money Market accounts have no monthly maintenance fee but require qualifying Citizens Bank Checking Account.
Mobile App	iOS & Android
ATMs	Over 60,000 no-fee ATMs	3,300+ ATMs across 14 states
Customer Service	24/7	24/7 Telephone Customer Service
IRA CD		Terms ranging from 1 - 120 months. Minimum opening deposit $250. No monthly maintenance fee.
Locations	Online Only	1,000+ branches in 14 states
	CreditDonkey® Reviews
Savings
Checking
Money Market
Mobile App
Customer Service
Fees
Pros & Cons	Pros: High yield No fees 24/7 customer service	Pros: High APY No monthly fees Cons: No physical branches No cash deposits
Bottom Line	Solid online bank with high APY rates and good customer service... Read full review	Online savings account with an impressive rate and no fees... Read full review
	Visit Site	Learn More
	Online Savings Account - Earn 3.40% APY Certificate of Deposit Discover® CD Rates	Personal Checking and Savings Account - $400 Bonus Personal Checking Account - $300 Bonus 6-Month CD - 4.15% APY
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. Citizens Bank: Pricing information from published website as of 09/29/2025 based on 10011 zip code.

Member FDIC

Online Savings Account - Earn 3.40% APY

Get Deal

• No fees
• No minimum opening deposit
• No minimum balance required

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

Learn More

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

Learn More

Which is Better: Discover Bank or Citizens Bank?

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 mobile app and customer service are 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.

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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.

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Discover CD Rates Reviews

Maximize returns with Discover® Bank lucrative CD rates - no hidden fees. Read this detailed review.

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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 a Good 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 Citizens Bank

Citizens Bank High Yield Savings

Citizens has an online savings account with a competitive APY and no fees. But what's the catch? Continue reading to find out.

Citizens Bank Problems

While Citizens Bank offers easy-to-maintain checking and savings accounts, some customers didn't have the best experience. Here's why.

Which Do You Think is Best?

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