In order to open a CD, you need a minimum deposit is $2,500 and the interest rates have been consistently competitive with terms as short as 3 months to 120 months long. Depends on the length of the term, you can earn up to 5.20% APY. See our review on the Discover Bank Online Savings Account.ĭiscover Bank offers Certificates of Deposit (CD) accounts with some of the highest rates. This is simply one of the best Discover Bank promotions! They provide a safe and secure way to save money each month.Īs with any online bank, Discover is able to avoid overhead costs of a physical branch, thus saving money and offering you a higher savings rate. TOP DISCOVER BANK PROMOTIONSĭiscover Online Savings $150/$200 Bonus + 4.35% APYĪvailable nationwide, the Discover Online Savings Account that offers to kick-start your savings with a $200 or $150 bonus along with 4.35% APYĭiscover Online Savings is known for its online convenience and high interest yields. I’ll review current Discover Bank offers below. Their line of deposit accounts include Savings, Checking, Money Market, CD, and IRA CD accounts.ĭiscover even has IRAs and CDs with terms of up to to 10 years, as well as Money Market account all with competitive APY rates. They can offer better rates by operating their banking services online due to little overhead. Headquartered in Greenwood, Delaware, Discover Bank is an online-only bank with no retail branches. Should You Open a Discover Bank Account?.Discover Cashback Debit – up to $360 bonus.Discover Online Savings $150/$200 Bonus + 4.35% APY.

Best online savings account bonus