Discover Bank
Discover Bank offers more than just credit cards – they've got high interest rates on online savings accounts and certificates of deposit too. Discover Bank's Online Savings Account has remained on the top of the rate chart for some time. Although the account does require a minimum opening balance of $500, there is no balance to maintain and no monthly fee.
Open an Account:
Discover Bank CDs
Online Savings Account Rate
| Balance | APY | Rate |
|---|---|---|
| $1+ | 0.90% | 0.90% |
Rates as of 1-11-12. $500 minimum deposit required to open. No minimum daily balance required. No monthly fee. APY = Annual Percentage Yield
Certificate of Deposit (CD) Rates (More Info)
| Term | APY |
|---|---|
| 3 Month | 0.40% |
| 6 Month | 0.75% |
| 1 Year | 0.90% |
| 2 Year | 1.15% |
| 3 Year | 1.35% |
| 4 Year | 1.55% |
| 5 Year | 1.75% |
Rates as of 2-14-12. $2,500 minimum deposit required to open. APY = Annual Percentage Yield
Discover Bank Reviews
Review from PeachyQueen
"So far, so good. I purchased a CD last week and had no trouble at all. ..."
Read More Discover Bank Reviews >>
Contact
www.discoverbank.com
(800) 347-7000