Discover Cashback Debit Bonus: $360 Checking Promotion

1. Head to the Discover Cashback Debit account bonus offer online by clicking the “Open an Account” button.
2. Enter your info, such as your physical address, phone, email and social security number (or other taxpayer ID).
3. Fund your account, now or later. It’s up to you.
4. Done! Discover will send a confirmation email, then watch the mail for your debit card and your checks (if requested).

Discover FAQ

• Is there a minimum deposit amount to open my account?
  • There is no minimum opening deposit required and there is no minimum balance requirement.
• How many Cashback Debit accounts can I have?
  • Effective December 1, 2017, you may be an owner, either individual or joint, of only one (1) Cashback Debit Account. Any Cashback Debit accounts you own that were opened prior to December 1, 2017, may remain open, but you will not be able to open any additional Cashback Debit accounts.
• When will I receive my debit card and checks?
  • You should receive your checks, if requested, and debit card within ten days after opening your account. Once your debit card is activated, the Personal Identification Number (PIN) for your card can be set up and changed online in the Account Center or over the phone through our automated system at 1-800-347-7000.
• How long do I have to fund my Cashback Debit Account?
  • Although there is no minimum deposit required to open a Cashback Debit account, an initial deposit in any amount must be received within 45 days of account opening. If a deposit is not received by day 45, the account will be closed and you would have to complete a new application.
• Is the Cashback Debit Account FDIC-insured?
  • Yes, funds on deposit at Discover Bank are FDIC-insured to the maximum allowed by law.
• What is annual First Fee Forgiveness?
  • In each calendar year (January 1 through December 31), the first eligible fee charged to each eligible account (which includes Cashback Debit, Money Market and Savings accounts) will be automatically waived and credited to your account. Eligible fees include insufficient funds and stop payment from the Cashback Debit account. Wire transfer fees are not eligible and will not be waived.

Earning Debit Card Cashback Bonus

Customers may earn 1% cash back on up to $3,000 in debit card purchases each month. That’s up to $360 each year! Debit Card Cashback Bonus from Discover Cashback Debit accounts that are active and in good standing will never expire.

ATM transactions, the purchase of money orders or other cash equivalents, cash over portions of point-of-sale transactions, Peer-to-Peer (P2P) payments (such as Apple Pay Cash), and loan payments or account funding made with your debit card are not eligible for cash back rewards. In addition, purchases made using third-party payment accounts (services such as Venmo^® and PayPal^™, who also provide P2P payments) may not be eligible for cash back rewards. Apple, the Apple logo and Apple Pay are trademarks of Apple Inc., registered in the U.S. and other countries.

Redeeming Debit Card Cashback Bonus

You can redeem your Debit Card Cashback Bonus via the Account Center by clicking the “Manage” tab on the Checking Details page and viewing the options listed in the “Rewards” section.

Redeem your Debit Card Cashback Bonus earned in the following ways:

• Redeem as cash via a credit to your Discover Cashback Debit, Savings, or Money Market Account(s)
• Enroll in Auto Redemption to Savings and Discover will automatically deposit your Debit Card Cashback Bonus into your selected Discover savings account each month
• Transfer to a Discover Credit Card Cashback Bonus Account

Note: You may only redeem your Debit Card Cashback Bonus if your Checking Account is open with a zero or positive balance.

Depositing & Withdrawing From Your Account

You can fund your Cashback Debit Account in the following ways:

• Online transfer from an external bank account to your Cashback Debit Account
• Through Direct Deposit
• Deposit a check with Discover’s Mobile Check Deposit using your mobile device.
• Mail a check made out to you with your account number on the memo line to:
  Discover Bank
  PO Box 30417
  Salt Lake City, UT 84130

You can withdraw money from your Discover Cashback Debit Account in the following ways:

• No-fee cash withdrawals at over 60,000 Allpoint^® and MoneyPass^® ATMs. Please note that not all ATMs are available 24/7 – hours may vary at each location
• Use online and mobile ATM Locators to find a no-fee ATM near you
• Use your debit card at 415,000 ATMs nationwide, anywhere you see the Discover^®, Diners Club^® International^® or PULSE^® logo
• Discover will never charge you a fee to use an ATM; however, the owner of an ATM outside of the Allpoint^® and MoneyPass^® networks may charge a fee
• Use your debit card to pay for purchases wherever you see the Discover^®, PULSE^® or Diners Club International^® logo
• Choose additional cash over at participating retailers when you use your Discover debit card
• Online transfer to an external bank account
• Use online bill pay
• Write a check
• Request an official bank check
• Wire Transfer (fee applies). For wire transfers within the United States, access the Domestic Wire Transfer Request Form. For wire transfers outside the United States, access the International Wire Transfer Request Form. You can find those forms on their website.