Discover Bank vs Current
Discover Bank is a solid online bank with high APY rates and good customer service. How does it compare to Current? 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 Current offers mobile-only banking for adults and teens. It offers cashback rewards, interest on savings, faster direct deposit, and fee-free overdrafts. There are no monthly fees and no minimums.
Compare Discover Bank with Current, side-by-side. Read on for an in-depth look, including ratings, reviews and pros.
 |  | |
| Visit Site | Visit Site | |
Discover Bank | Current | |
|---|---|---|
Online Savings Account - Earn 3.40% APY - | Build Credit While You Bank - | |
Benefits and Features | ||
| Savings | Up to 4.00% bonus on your Savings Pod, on up to a total of $6,000 | |
| CD | 2.00% to 3.85% APY depending on terms | |
| Checking | Earn up to 15x points on purchases at participating merchants | |
| Monthly Fee | ||
| Kids Debit Card |  | |
| Minimum Deposit to Open | ||
| Mobile App | ||
| ATMs | Free access to 40,000+ Allpoint ATMs | |
| Customer Service | ||
| Locations | ||
CreditDonkey® Reviews | ||
| | |
| Savings |   |  |
| Checking | | |
| Money Market | | |
| Mobile App | | |
| Customer Service | | |
| Minimum Deposit | | |
| Price | | |
| Ease of Use | | |
| Education | | |
| Pros & Cons | Pros:
| Pros:
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| Bottom Line | Solid online bank with high APY rates and good customer service... | Simple, digital-only banking app with impressive bonus and cashback... |
| 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 10/23/2025. Current: Current is a financial technology company, not a bank. Banking services provided by Choice Financial Group, Member FDIC, and Cross River Bank, Member FDIC. | ||
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
- 3.85% APY for 12-month term
- 3.70% APY for 18-month term
- 3.50% APY for 24-month term
- 3.50% APY for 36-month term
- 3.50% 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 | 3.85% APY |
| 1.5 Years | 3.70% APY |
| 2 Years | 3.50% APY |
| 2.5 Years | 3.50% APY |
| 3 Years | 3.50% APY |
| 4 Years | 3.50% APY |
| 5 Years | 3.50% APY |
| 7 Years | 3.50% APY |
| 10 Years | 3.50% APY |
Build Credit While You Bank
- Get Paid Up to 2 Days Faster
- Build credit and earn points with every swipe
- 40,000 fee-free Allpoint ATMs in the U.S.
- No credit check, minimum balance or hidden fees
Current Savings - Up to 4.00% bonus
- 4.00% bonus on up to $6,000 balance if you receive and maintain a qualifying direct deposit of $200 or more in a rolling 35 day period. (Otherwise, 0.25%)
- Simply add money to your Savings Pods and enable the Boost feature.
- Earn bonus on up to 3 Savings Pods, up to $2,000 balance each.
- Bonuses accumulate daily.
Which is Better: Discover Bank or Current?
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. Current's checking is outstanding.
Articles on Discover Bank
Discover Bank Review
Discover Savings Review
Discover CD Rates Reviews
Discover Bank Locations
Who Owns Discover
Is Discover a Good Bank
Is Discover Savings Worth It
Articles on Current
Current Banking Review
Which Do You Think is Best?
Which Bank Account is Right for You?
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