Advertised Online Savings Account APY is accurate as of XX/XX/XXXX. Applies to personal accounts only. APY may change before or after the account is opened. No minimum deposit to open.
Grow your money with a savings account interest rate over 5x the National Savings Average.
The APY for the Online Savings Account as of XX/XX/XXXX is more than five times the national average APY for interest bearing savings accounts with a balance of $500 as reported by Curinos as of XX/XX/XXXX. National average is based on information regarding the top 50 banks (by deposit size) and may not include information from variations in regional pricing at such banks or information from products that may not be widely available to their customers. Rates were obtained from Curinos, who relies on the data from the banks it tracks and such information cannot be guaranteed. APYs are subject to change at any time.
Smile — fees are gone!
No. Fees. Period. That means you won't be charged an account fee on our Online Savings Account.
Outgoing wire transfers are subject to a service charge.
Easily deposit a check into your account by snapping a photo of it with your smartphone or tablet
For more information regarding the Discover Bank Mobile Check Deposit Service, click here.
It’s easy to transfer money from one account to another.
Transfers between Discover deposit accounts are instant. To or from other banks and Discover, please allow up to 4-5 business days.
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.
Check on your savings account easily. Anytime. You can even skip the passcode and log in with touch or face ID.
Face ID is currently available to iOS users.
Enable Quick View to check your savings account balance without logging in each time.
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We score out of 5 stars!
Star rating is representative of the Apple® App Store rating for the Discover mobile app and is updated daily.