Discover Bank vs Western Alliance Bank
Discover Bank is a solid online bank with high APY rates and good customer service. How does it compare to Western Alliance 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 Western Alliance Bank offers high-yield savings products and CD accounts.
Compare Discover Bank with Western Alliance Bank, side-by-side. Read on for an in-depth look, including ratings, reviews and pros.
 |  | |
| Visit Site | Visit Site | |
Discover Bank | Western Alliance Bank | |
|---|---|---|
Online Savings Account - Earn 3.40% APY - | High-Yield Savings Premier - 4.10% APY | |
Benefits and Features | ||
| Savings | High-Yield Savings Premier: 4.10% APY | |
| CD | 2.00% to 4.00% APY depending on terms | Up to 4.00%; 3-12 month term CDs. $1 minimum deposit. |
| Checking | ||
| Mobile App | ||
| ATMs | ||
| Customer Service | ||
| Locations | ||
CreditDonkey® Reviews | ||
| | |
| Savings |   | |
| Checking |  | |
| Money Market | | |
| Mobile App | | |
| Customer Service | | |
| CD | | |
| Fees | | |
| Pros & Cons | Pros:
| Pros:
|
| Bottom Line | Solid online bank with high APY rates and good customer service... | Solid bank that offers high APY savings products with a fully digital experience... |
| 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 09/30/2025. Western Alliance Bank: Information sourced from the published website as of 09/30/2025. | ||
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
- 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
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 |
High-Yield Savings Premier - 4.10% APY
- No account fees
- Option to open individual or joint account
- FDIC insured up to $250,000 per depositor
- Only $500 minimum opening deposit
High Yield Savings Account - 4.10% APY
- No fees
- $1 minimum deposit
- 24/7 online access
- FDIC insured
High-Yield CD Rates - Up to 4.00% APY
- No fees
- $1 minimum deposit
- FDIC insured
| Term | CD Rates |
|---|---|
| 3 Month | 4.00% APY |
| 4 Month | 3.50% APY |
| 6 Month | 3.50% APY |
| 9 Month | 3.40% APY |
| 12 Month | 3.30% APY |
Which is Better: Discover Bank or Western Alliance 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 Savings Review
Discover Savings
Discover CD Rates
Discover Bank Locations
Who Owns Discover
Is Discover Bank a Good and Real Bank
Is Discover Savings Worth It
Articles on Western Alliance Bank
Western Alliance Bank Review
Which Do You Think is Best?
Which Bank Account is Right for You?
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