If you are a current account holder with Discover Bank, there are going to be some changes. As one of the nation’s largest card issuers, Discover Bank has decided to begin implementing a new program to help maximize their customer’s savings. Discover has revealed in a Press Release that they’re beginning a Fee Forgiveness Program for current account holders who have a Checking, Savings and Money Account. This program automatically waives the first eligible fee for their checking, savings and money market customers. This is to demonstrate their commitment to helping their customers save and earn more. Be sure to read more to reap in the new positive change! Additionally, be sure to check out our list of Discover Bank Bonuses!
 Open a Discover® Online Savings Account for all these features: • Earn $200/$150 Bonus with promo code LOP325 by 9/11/2025 • Earn high interest rate of 3.60% APY • No minimum opening deposit, no minimum balance requirement, and now no fees • Interest on Discover Online Savings Accounts is compounded daily and credited monthly • Manage your account online or with the Discover mobile app • FDIC insurance up to $250,000 • See advertiser website for full details To qualify for Bonus: Apply for your first Discover Online Savings Account, enter Offer Code LOP325 at application, 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. Qualifying deposit(s) may consist of multiple deposits and must post to Account within 45 days of account open date. Maximum bonus eligibility is $200. What to know: Offer not valid for existing or prior Discover savings customers. Eligibility is based on primary account owner. Account must be open when bonus is credited. Bonus will be credited to the account within 60 days of qualifying for the bonus. Bonus is subject to tax reporting. Offer ends 09/11/2025, 11:59 PM ET. Offer may be modified or withdrawn without notice. Due to new customer funding limits, you may wish to initiate fund transfers at your other institution. For information on funding, see FAQs on Discover.com/Bank. |
Discover Bank Fees:
As mentioned in the paragraph above, Discover will be forgiving one fee per calendar year. To learn which fees qualify for this new change, be sure to check the list below.
- Excessive Withdrawal Fee
- Insufficient Funds Fee
- Stop Payment Fee
- Money Market Minimum Balance Fee
 • Get started and open a Discover® CD in 3 easy steps. • Available nationwide online • Discover offers CDs with some of the highest and most competitive rates! • Select terms as short as 3 months up to 120 months • Rates ranging from 2.00% APY up to 4.00% APY. • Opening a Discover Bank Certificate of Deposit is extremely quick and easy. • Funds on deposit are FDIC-insured up to the maximum allowed by law. |
Conclusion:
At the end of the day, if you are a current customer of Discover Bank and has recently been charged with any of the fees listed above, then don’t worry. Discover will refund you back the first fee at the beginning of each calendar year. Not only are you able to keep all the benefits that you are already familiar with, but with this positive change, you will get the satisfaction and relief knowing that if you do accidentally get charged, there’s no harm done on your part. However, if you are looking for more banking options to better your needs, then be sure to check out our list of Bank bonuses!
-Get started and open a Discover® Money Market Account in 3 easy steps. • Available nationwide online • Earn high yields with flexible access to your cash. • Earn 3.55% APY balances $100,000 and over • Earn 3.50% APY balances under $100,000 • Save time and deposit checks securely through the Discover mobile app • Easy cash access via debit or check, or via ATM at over 60,000 no-fee ATMs • Move money in and out of your money market account easily and securely with just a few clicks or taps |
