Western Alliance Bank vs Discover Bank
Western Alliance Bank is a solid bank that offers high APY savings products with a fully digital experience. How does it compare to Discover Bank? Read our comparison chart below.
Western Alliance Bank offers high-yield savings products and CD accounts.
While Discover Bank offers some of the highest interest rates on the market. CDs go up to 10-year terms. There are no service fees.
Compare Western Alliance Bank with Discover Bank, side-by-side. Read on for an in-depth look, including ratings, reviews and pros.
 | ||
| Visit Site | Visit Site | |
Western Alliance Bank | Discover Bank | |
|---|---|---|
High-Yield Savings Premier - 4.05% APY | Online Savings Account - Earn 3.40% APY - | |
Benefits and Features | ||
| Savings | High-Yield Savings Premier: 4.05% APY | |
| CD | Up to 3.80%; 3-12 month term CDs. $1 minimum deposit. | 2.00% to 4.05% APY depending on terms |
| Checking | ||
| Mobile App | ||
| ATMs | ||
| Customer Service | ||
| Locations | ||
CreditDonkey® Reviews | ||
| ||
| Savings |  |  |
| CD | | |
| Fees | | |
| Mobile App |  | |
| Customer Service | | |
| Checking | | |
| Money Market | | |
| Pros & Cons | Pros:
| Pros:
|
| Bottom Line | Solid bank that offers high APY savings products with a fully digital experience... | Solid online bank with high APY rates and good customer service... |
| 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. Western Alliance Bank: Information sourced from the published website as of 11/06/2025. Discover Bank: Pricing information and data points from published website as of 11/12/2025. | ||
High-Yield Savings Premier - 4.05% 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 - 4.05% APY
- No fees
- $1 minimum deposit
- 24/7 online access
- FDIC insured
High-Yield CD Rates - Up to 3.80% APY
- No fees
- $1 minimum deposit
- FDIC insured
| Term | CD Rates |
|---|---|
| 3 Month | 3.80% APY |
| 4 Month | 3.50% APY |
| 6 Month | 3.50% APY |
| 9 Month | 3.40% APY |
| 12 Month | 3.30% APY |
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
- 4.05% 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 | 4.05% 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 |
Which is Better: Western Alliance Bank or Discover Bank?
Still need help deciding which bank reviews & deals is better? Read the in-depth reviews below. You may also be interested in comparing Western Alliance Bank or CIT Bank.
In short: Discover Bank's mobile app and customer service are outstanding.
Articles on Western Alliance Bank
Western Alliance Bank Review
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
Which Do You Think is Best?
Which Bank Account is Right for You?
You Might Also Like
