Discover Bank Bonuses: $150/$200 Promo Code, $360 Cashback Debit

Discover Bank Bonuses are available nationwide in $150, $200, and $360 promotions with many products to select from to meet your individual banking needs. The offers are easy to qualify for and usually requires you to open an eligible account and meet certain requirements like using a promo code or having a minimum opening deposit.

Discover Bank is an online-only bank and has no brick-and-mortar branches. Thus, they are able to offer better rates by operating their banking services online. Their line of deposit accounts include Savings, Checking, Money Market, CD, and IRA CD accounts. Discover Bank, established in 1985, is based in Greenwood, Delaware.

Discover has been quite known for some time now for their exceptional CD Rates and IRAs with terms of up to 10 years, as well as Money Market Accounts. For you thrifty reader everywhere, looking to expand your banking knowledge, check out our Bank Account Bonuses — the internet’s most updated list on BCS!

Discover Bank Bonuses

• Promotion Links:
  • $360 Yearly Discover Cashback Debit
  • $150/$200 Discover Online Savings
  • Up To 3.10% APY IRA CD
  • Up To 3.10% APY Certificate of Deposit
  • 2.00% Money Market Account
  • $50 Discover It Card
  • $50 Discover It Miles
• Expiration Date: None
• Account Type: Savings, IRA, CD, Discover Cashback Debit
• Availability: Nationwide
• Branches: Online Bank
• Credit Inquiry: Soft Pull via ChexSystems
• Opening Deposit: $0 
  
• Credit Card Funding: None
• Direct Deposit Requirement: None
• Direct Deposit Options Unknown. Let us know.
• Monthly Service Fee:
  • Discover Cashback Debit: No monthly fee
  • Savings: No monthly fee
  • Money Market: No monthly fee
• Closing Account Fee: None
• Best Discover Bank Credit Card Bonuses: (Our List)
  • Discover It Cash Back Card
  • Discover It Miles Card
• Alternative Bank Bonuses:
  • Chase Bank Bonuses
  • TD Bank Bonuses
  • Huntington Bank Bonuses
  • CIT Bank Bonuses

Discover Cashback Debit $360 In Yearly Cashback Bonuses

Earn $30 monthly/$360 yearly in cash back with a Cashback Debit account

Discover Cashback Debit – Discover Bank is currently offering 1.00% cash back on debit card purchases up to $3,000 each month when you open a new Discover Cashback Debit account. The sign up process is as simple as clicking “Open An Account” and filling out your information!

With your new account, simply use your debit card to make purchases and earn 1% cashback (up to $3,000 in debit purchases each month) and enjoy many perks, such as no monthly fees or balance requirements and access to over 60,000 free ATMs. It’s one of the best accounts for low-fee ATM debit card use internationally.

One of the ways this account sets itself apart from competitors is by allowing you to earn up to $360 a year in cash back bonuses. This isn’t like the other bank promotions available, but rather an extra perk for an already excellent Checking account. See our Discover Cashback Debit Account Review.

Account Features

• Earn 1% cash back on up to $3,000 in debit card purchases each month
• ATM transactions, the purchase of money orders or cash-equivalents, cash over portions of point-of-sale transactions, and Peer-to-Peer (P2P) payments are not eligible for cashback rewards
• Purchases made using third-party payment accounts (services such as Venmo and PayPal, who also provide P2P payments) may not be eligible for cashback rewards
• You can redeem your cashback bonus for any amount

Discover Online Savings Account $150/$200 Bonus

Earn a $150 / $200 bonus with a Discover Online Savings account

Discover Bank Online Savings – With this offer, you can earn either a $150 or $200 bonus for a new Discover Bank Online Savings account. The bonus amount will be determined by your deposit amount. Offer code: BCS119

• $150/$200 bonus offers expires February 4, 2019
• Offer available online nationwide
• Direct Deposit is not a requirement
• Application will trigger a Soft Pull, which does not affect your credit
• There are no monthly fees with this account
• No minimum deposit required to open an account
• See our Discover Savings Review

How To Earn Your $150 Or $200 Bonus

1. Open a new Discover Online Savings Account online or by phone.
2. Enter Offer Code BCS119 when applying.
3. Verify your information and electronically sign your application. They may ask your to verify some information on your credit report such as old addresses or loans.
4. Deposit into your account a total of at least $15,000 to earn a $150 Bonus or deposit a total of at least $25,000 to earn a $200 Bonus by 2/18/2019.
5. Maximum bonus eligibility is $200.

Fine Print

• Offer not valid for existing or prior Discover savings customers.
• Account must be open when bonus is credited.
• Bonus is considered interest and will be reported on IRS Form 1099-INT.
• Offer may be modified/withdrawn without notice.

Online Savings Account 2.10% APY Rate

Discover is a very well known bank and will be a reliable place to invest your savings. Not only will you get a better rate than just about all the major traditional banks, the rate applies to ALL balances rather than being tiered.

New accounts have no minimum balance to open and there are no ongoing monthly minimums or maintenance fees that you typically find with your local banks.

All money transfers must occur online. There are several options for this process. The easiest is to link your current Checking account to your Discover Online Savings account and transfer your money that way.

To avoid fees, make sure you keep at most 6 money transfers per billing cycle. Money transfers consist of:

• ACH Transfer
• Online Transfers
• Funds transfers to an internal/external account
• Phone Transfers
• Wire Transfers
• Transfers to repay loans at Discover

Discover Bank IRA CD Up To 3.10% APY Rate

Discover Bank IRA CD – Discover Bank is currently offering a rate of up to 3.10% APY with terms as low as 3 months or as long as 10 years when opening an IRA CD account with Discover Bank. Consider applying for Discover Bank’s IRA CD to earn a guaranteed rate when thinking about retirement.

With this account, you can Rollover or Transfer from other retirement account types and other financial institutions. See our Discover IRA CD Review.

Below are the current rates:

How To Earn Rate

1. Set up your IRA CD account. You will need access to your address, phone, email, social security and funding option.
2. Fill out the forms within 7-10 days of setting up your account.
3. Watch for your confirmation letter from Discover Bank that your funding has gone through.

Discover Bank CD Up To 3.10% APY Rate

Discover Bank CD – Discover Bank currently offers rates up to 3.10% APY. Discover Bank has always been one of the best places to open a CD account online. Their CD rates have consistently been very competitive for 12-month CDs, all the way up to 10-year CDs.

You’ll find the Best Discover Bank CD Rates below from a 3-month to a 10-year term. Keep in mind that you’d need at least $2,500 to open your account and lock in your rate. You can open a CD for a variety of ownership types such as Individual, Trust, Custodial, Guardian and Estates. See our Discover Certificate of Deposit Review.

Below are the current rates:

How To Earn Rate

1. Set up your CD account. You will need access to your address, phone, email, social security and funding option.
2. Fill out the forms within 7-10 days of setting up your account.
3. Watch for your confirmation letter from Discover Bank that your funding has gone through.

Discover Bank Money Market Account 2.00% APY Rate

Discover Bank Money Market – Earn a 2.00% APY Rate with the Discover Bank Money Market Account for balances above $100,000. Money Market accounts typically offer higher interest rates, with higher account balance requirements. However, Discover Bank’s Online Savings account is currently offering better rates than their Money Market account. Thus, we highly recommend checking out the Savings account first.

From 24/7 Customer Service to consistently competitive rates and easy online access, Discover is consistently striving to give their customers more. With their Money Market Account, there is a minimum opening deposit of $2,500 but no hidden fees. You can open an account in minutes so apply today!

With this account, you’ll also have access to over 60,000 free ATMs nationwide. The minimum opening deposit is $2,500 and there are no monthly fees to worry about. However, you’ll need to keep at least the $2,500 minimum balance to avoid the $10 Minimum Balance Fee. See our Money Market Account Review.

How To Earn Rate

1. Set up your Money Market account. You will need access to your address, phone, email, social security and funding option.
2. Fill out the forms within 7-10 days of setting up your account.
3. Watch for your confirmation letter from Discover Bank that your funding has gone through.

Discover It Cash Back Card $50 Referral Bonus

Earn a $50 referral bonus with the Discover It Cash Back Card

Discover It Cash Back Card– The Discover it® Cash Back Card is the newly revamped cash back credit card with a $50 bonus after your first purchase, an introductory 0% APR for 14 months on purchases and balance transfers, and 5% Cash back bonus in rotational categories. Don’t forget, you earn 1% cash back on all other purchases. Discover It has absolutely no annual fee and free FICO Credit Score. See our Discover It Cash Back Card Review.

Discover It Miles Card $50 Referral Bonus

Earn a $50 referral bonus with the Discover It Miles Card

Discover It Miles Card– New Discover it® Miles Card customers can earn a $50 bonus after your first purchase. Cardholders earn double miles on unlimited 1.5X miles for every dollar spent on purchases for the first year with this card. Additionally, this card is offering an introductory 0% APR for 14 months on purchases and no annual or other hidden fees. See our Discover It Miles Card Review.

Conclusion

If you’re interested in signing up for Discover Bank’s online checking or savings account with no monthly fees or minimum balance requirements, Discover Bank could be the perfect option for you! All you have to do is sign up for the right accounts and complete the simple requirements like maintaining a certain balance or performing specific transaction amounts.

You’ll enjoy earning their competitive rates from Discover Bank. Most of our reviews would take you step-by-step until you receive your bonus! I also recommend that you check out Discover’s CDs which could earn you an exceptional return. Stay up to date with every checking & savings bonus and bookmark BCS’s extensive list of bank promotions!