Discover Bank vs Navy Federal Credit Union

Discover Bank is a solid online bank with high APY rates and good customer service. How does it compare to Navy Federal Credit Union? Read our comparison chart below.

	Discover Bank	Navy Federal Credit Union
	Member FDIC
	Visit Site	Learn More
	SPECIAL OFFER Online Savings Account - Earn 3.40% APY - Learn More Read Discover Bank Review	SPECIAL OFFER 12-Month EasyStart Certificate - 3.80% APY - Learn More Read Navy Federal Credit Union Review
	Benefits and Features
Savings	3.40% APY	Share Savings Account: 0.25% APY. $5 minimum deposit. A Membership Savings Account with a $5 minimum is required to establish and maintain membership.
CD	2.00% to 3.85% APY depending on terms	Standard Certificate: Up to 3.85% APY. Terms of 3 months to 7 years. Minimum deposit of $1,000.
Checking		Free Active Duty Checking, Free Easy Checking, Free EveryDay Checking, Flagship Checking, Free Campus Checking, Business Checking Accounts
Mobile App	iOS & Android	iOS & Android
ATMs	Over 60,000 no-fee ATMs	360+ Navy Federal and more than 30,000 CO-OP Network ATMs
Customer Service	24/7	Phone: 888-842-6328 24/7 customer support Online chat
IRA CD		Up to 3.85% APY. Terms of 3 months to 7 years. Minimum deposit of $1,000.
Locations	Online Only	360+ branches
	CreditDonkey® Reviews

Savings
Checking
Money Market
Mobile App
Customer Service
Fees
Pros & Cons	Pros: High yield No fees 24/7 customer service	Pros: $0 monthly charge Extensive ATM network Cons: Low interest rate $5 opening deposit Only for members
Bottom Line	Solid online bank with high APY rates and good customer service... Read full review	Savings account with low APY, best for military personnel... Read full review
	Visit Site	Learn More
	Online Savings Account - Earn 3.40% APY Certificate of Deposit Discover® CD Rates	12-Month EasyStart Certificate - 3.80% APY 18-Month EasyStart Certificate - 3.70% APY 24-Month EasyStart Certificate - 3.50% 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 10/23/2025. Navy Federal Credit Union: Pricing information from published website as of 10/10/2025 based on 91107 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
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

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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	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

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Which is Better: Discover Bank or Navy Federal Credit Union?

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 savings, mobile app, and customer service are worth mentioning. In particular, the 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.

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.