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Money Market Account

Add to your savings and still access your cash

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Preferred Member Rate!Products offering the AAA preferred member rates are subject to change without notice and are determined at the sole discretion of Discover Bank. Preferred member rates are already reflected in quoted rates.

If you want to earn interest but need easy access to your cash
  • The number of certain types of withdrawals and transfers from savings and money market accounts is limited to a combined total of 6 per calendar month per account.
  • There are no limits on the number of ATM withdrawals you can make (for money market accounts) or official checks mailed to you.
  • If you exceed these transaction limitations during any calendar month, we may refuse to pay each transaction in excess of the limitations. If you exceed these limits on more than an occasional basis, we reserve the right to close your Account. Note: We are currently not enforcing the monthly transaction limit on savings and money market accounts. Therefore, exceeding these limitations on more than an occasional basis will not result in the closure of your account.
, our Money Market Account is for you. Plus, there’s no minimum deposit to open.

X.XX% APY

Annual Percentage Yield (APY) is accurate as of XX/XX/XXXX for Money Market Account balances under $100,000, and subject to change daily without notice before or after the account is opened. Applies to personal accounts only. No minimum deposit to open.

for balances under $100,000

X.XX% APY

Annual Percentage Yield (APY) is accurate as of XX/XX/XXXX for Money Market Account balances of $100,000 or more, on the entire balance in your Money Market Account, and subject to change daily without notice before or after the account is opened. Applies to personal accounts only. No minimum deposit to open.

for balances $100,000 and over

Relax – fees are long gone.

No. Fees. Period. That means you won't be charged an account fee on our Money Market Account.

Outgoing wire transfers are subject to a service charge. You may be charged a fee by a non-Discover ATM if it is not part of the 60,000+ ATMs in our no-fee network.

$0
  • Minimum balance fees
  • Withdrawals at over 60,000 ATMs nationwide
  • Replacement debit card
  • Standard checks
  • Official bank check
  • Online bill pay
  • Expedited delivery for debit card replacement
  • Expedited delivery for official bank checks
  • Deposited item returned
  • Excessive withdrawal fee
    • The number of certain types of withdrawals and transfers from savings and money market accounts is limited to a combined total of 6 per calendar month per account.
    • There are no limits on the number of ATM withdrawals you can make (for money market accounts) or official checks mailed to you. 
    • If you exceed these transaction limitations during any calendar month, we may refuse to pay each transaction in excess of the limitations. If you exceed these limits on more than an occasional basis, we reserve the right to close your Account. Note: We are currently not enforcing the monthly transaction limit on savings and money market accounts. Therefore, exceeding these limitations on more than an occasional basis will not result in the closure of your account.
  • Stop payment order
  • Insufficient funds
  • Account closure
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It’s your future. We just help make it count.

See how soon you can get where you're going with our money market interest rate calculator.

Assumes principal and interest remain on deposit and interest rate and APY do not change. The values shown are for illustrative and informational purposes only and may not apply to your individual circumstances.

$
Please enter an amount between $2,500 and $5,000,000.
Yearsyrs

‘Total savings’ equals initial deposit plus interest earned over duration of time chosen.

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Total interest you’ll earn with us

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Right here when you need us

See which of our over 60,000 no-fee ATMs are at the stores you already frequent.

Some ATMs have limited hours and/or restricted access. You may be charged a fee by the ATM owner if you use an ATM that is not part of our no-fee network. If you encounter any issues using the ATMs displayed on this site, please contact us at 1-800-206-4960.

Get the best of both worlds.

Enjoy high-yield money market interest rates plus easy access to your cash.