Discover Bank Money Market Account Review: Up to 1.45% APY Rate (Nationwide)

Residents nationwide can now enjoy a generous 1.45% APY Rate for their new Money Market Account through Discover Bank when you open an account with a balance above $100,000. Member FDIC.

If you are not familiar with this promotion, it is an online offer available nationwide. The promotion provides consumers with great features such as no hidden fees, free check reorder, free debit card replacement and so much more!

In order to take advantage of this spectacular deal, apply online with all the necessary information and you could start earning today. Customers who apply can bank with confidence knowing Discover Bank is one of the most trusted financial institution available in the nation.

Discover Money Market Account Summary

-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 1.45% APY balances $100,000 and over • Earn 1.40% APY balances under $100,000 • Open with as little as $2,500 • 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 Apply Now at Discover

Discover Money Market Account At A Glance

• Direct Link to Offer
  
• Account Type: Money Market
• Availability: Nationwide
• Credit Inquiry: Soft Pull
• Minimum Opening Requirement: $2,500
• Direct Deposit Requirement: None
• Monthly Fee: No fees
  
• Early Termination Fee: None

Discover Money Market Rates

Not only do you get to enjoy a host of features to better your banking experience, but you also get to enjoy one of the nation’s highest APY rate! There are a lot of banks that offers high APY rates.

However, when you think about it, what’s better than one a Money Market Account with a competitive APY rate through one of the most trusted firms?

How To Open An Account

1. Sign up for an account by entering your information. Discover Bank will need your address, phone, email and social security number (or other taxpayer ID).
2. Fund your account with as little as $2,500. You can send us a check or transfer funds from an existing bank account.
3. Done! Discover Bank will send a confirmation email, then watch for your Welcome Kit on how to start your new account experience!

How To Waive Monthly Fee

Discover Money Market Account: No Monthly Service Fees.

Earn a high APY Rate with a Discover Money Market account!

Other Notable Discover Accounts To Consider

Discover Online SavingsDiscover Certificate of Deposit (CD)Discover IRA Certificate of Deposit (CD)

Open a Discover Online Savings Account for all these features: • Bonus offer applies for your first Discover Online Savings Account • Earn $200/$150 Bonus with promo code BCS622 by 09/15/2022 • Fund your first savings account with at least of $25K within 30 days of account open date to earn the $200 Bonus • Fund your first savings account with at least of $15K within 30 days of account open date to earn the $150 Bonus • Earn high interest rate of 1.50% 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 Apply Now at Discover See advertiser website for full details

View our Discover Bank Online Savings review & the latest Discover Offers.

• 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 0.50% APY up to 3.20% 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. • Start today with a minimum deposit of $2,500! Apply Now at Discover

View our Discover CD review & the latest Discover Offers.

• Just three steps and you’re on your way to saving with a Discover IRA CD • Available nationwide online • Select terms as short as 3 months up to 120 months • Rates ranging from 0.50% APY up to 3.20% APY • Start today with as little as $2,500! • Step-by-step help available 24/7 by phone • Flexible options: Roth (pay now, save later) & Traditional IRAs (earn now, pay later) • Gather your retirement savings into one place. Apply Now at Discover

View our Discover IRA CD review & the latest Discover Offers.

Conclusion

Discover Bank is offering a competitive APY rate for their Money Market Account. If your balance is over $100,000, you will receive the full APY. If not, then you will receive a slightly lower tier rate which isn’t too bad however. With secure account and money protection, Discover Bank is a great online bank. They offer 24/7 phone service and 24/7 access to your account.

There is only a $2,500 minimum deposit and you can easily sign up online, so start growing your savings today! However, if you are not currently interested, then be sure to see our complete list of the Best National CD Rates for all your banking needs!

If you are interested in opening a new account, be sure to apply as soon as you can or check out our list of Discover Bank Promotions! In addition, you can also check out other great promotions from banks such as HSBC Bank, Chase Bank, Huntington Bank, TD Bank, or CIT Bank.

(See advertiser website for full details)

Disclaimer: Rates / APY terms above are current as of the date indicated. These quotes are from banks, credit unions and thrifts. Bank, thrift and credit union deposits are insured by the FDIC or NCUA. Contact the bank for the terms and conditions that may apply to you. Rates are subject to change without notice and may not be the same at all branches.