Discover Bank vs SkyOne Federal Credit Union

Discover Bank is a solid online bank with high APY rates and good customer service. How does it compare to SkyOne Federal Credit Union? 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 SkyOne Federal Credit Union was founded in July 1949 to serve those in the aeronautics and space sector and their families. Today, it also offers high-yield savings products to everyone nationwide exclusively through Raisin.

Compare Discover Bank with SkyOne Federal Credit Union, side-by-side.

	Member FDIC
	Visit Site	Visit Site
	Discover Bank	SkyOne Federal Credit Union
	SPECIAL OFFER Online Savings Account - Earn 3.40% APY - Learn More Read Discover Bank Review	SPECIAL OFFER 12-Month No-Penalty CD - 3.90% APY - Learn More
	Benefits and Features
Savings	3.40% APY
CD	2.00% to 4.00% APY depending on terms	3-Month High-Yield CD - 4.15% APY 48-Month Callable CD - 4.15% APY 1-Month High-Yield CD - 4.10% APY 5-Month High-Yield CD - 4.00% APY 12-Month High-Yield CD - 4.00% APY 12-Month No-Penalty CD - 3.90% APY 36-Month High-Yield CD - 3.90% APY 15-Month High-Yield CD - 3.80% APY 18-Month High-Yield CD - 3.75% APY 22-Month High-Yield CD - 3.70% APY
Mobile App	iOS & Android
ATMs	Over 60,000 no-fee ATMs
Customer Service	24/7
Locations	Online Only	3 branches and 4,000+ Shared Branches nationwide
	CreditDonkey® Reviews
Savings
Checking
Money Market
Mobile App
Customer Service
Pros & Cons	Pros: High yield No fees 24/7 customer service
Bottom Line	Solid online bank with high APY rates and good customer service... Read full review
	Visit Site	Visit Site
	Online Savings Account - Earn 3.40% APY Certificate of Deposit Discover® CD Rates	12-Month No-Penalty CD - 3.90% APY 1-Month High-Yield CD - 4.10% APY 5-Month High-Yield CD - 4.00% 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. SkyOne Federal Credit Union: Information sourced from the published website as of 10/15/2025.

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

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.

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 Bank vs Capital One
• Discover Bank vs Ally Bank
• Discover Bank vs Chase

Discover Savings

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 Bank vs Wells Fargo
• Discover Bank vs Bank of America
• Discover Bank vs Charles Schwab Bank

Discover CD

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

• Discover Bank vs Marcus

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.

Which Do You Think is Best?

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