Interested in banking with Discover® Bank? Find the best Discover Bank bonuses, promotions, and rates here.
Update 10/10/25:
- The 12, 24, 60 month term CD rates have decreased.
- There is no minimum to open a CD account.
- Discover Online Savings is offering 3.40% APY.
Discover have many products to select from to meet your individual banking needs. 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.
I’ll review the current Discover bonuses, promotions, and offers below.
Discover® Online Savings Account 3.40% APY
Available to residents nationwide, apply for a Discover Online Savings account to earn 3.40% APY.
- What you’ll get: 3.40% APY
- Where it’s available: Online Nationwide
- Monthly fee: There are no monthly fees with this account
(See advertiser website for full details)
You will be earning a great, competitive APY rate with your new Discover Online Savings account. I personally recommend Discover Bank as their customer service is top notch on top of great bonuses.
If you have excess funds sitting in your checking account, start earning interest on your funds. Open an account today!
Discover® Bank CD
Discover Bank offers competitive rates. 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.
- Credit inquiry: Soft pull, which does not affect your credit
- Where it’s available: Online Nationwide
- Opening Deposit: None
- Monthly fee: There are no monthly fees with this account
You’ll find the Best Discover Bank CD Rates below from a 3-month to a 10-year term. You can open a CD for a variety of ownership types such as Individual, Trust, Custodial, Guardian and Estates.
(Member FDIC)
Below are the current rates:
| CD Term | APY Rate |
|---|---|
| 3-Month Term | 2.00% APY |
| 6-Month Term | 3.50% APY |
| 9-Month Term | 3.50% APY |
| 12-Month Term | 4.00% APY |
| 18-Month Term | 3.80% APY |
| 24-Month Term | 3.60% APY |
| 30-Month Term | 3.60% APY |
| 3-Year Term | 3.60% APY |
| 4-Year Term | 3.60% APY |
| 5-Year Term | 3.60% APY |
| 7-Year Term | 3.50% APY |
| 10-Year Term | 3.50% APY |
If you’re currently looking for a long term investment offer topping at 10 years then you should consider checking out a Discover CD account.
With a competitive rate given to you in up to a 10-year’s term, this is quite the generous interest rate that could potentially earn you an exceptional amount of money on your deposit balance.
| BONUS LINK | OFFER | REVIEW |
| Discover® Bank Online Savings terms apply | $150/$200 bonus + 3.40% APY | Review |
| Discover® Bank CD | Up to 4.00% APY | Review |
Conclusion
For those looking for a online checking or savings account with no monthly fees or minimum balance requirements, then Discover Bank could be the perfect option for you!
For more options, see our list of the latest bank promotions and compare with our list of Discover Bank bonuses and promotions.
Locate the nearest ATM here.
Check back for the latest Discover Bank promotions, bonuses, offer codes, and coupons.
I want the promotion code for deposit deadline on 10/21/2019, but you just offer the new one from 10/17/2019 and deposit deadline on November.