It’s not often you find a checking account that rewards you for everyday banking transactions. Many checking accounts offer little more than a place to store and withdraw money. With Discover Cashback Checking®, you earn cash back for basic banking activities with the benefit of no monthly fees or minimum balance requirements.


Better Banking

By using a Discover Cashback Checking account, you earn 10 cents on up to 100 transactions per month, for the following:

  • Debit card purchases
  • Bills paid through Discover’s Online Bill Pay service
  • Checks cleared

You can redeem the Discover® Checking Cashback Bonus reward directly to your checking account or to your Discover® credit card. Additionally, your Checking Cashback Bonus will never expire as long as your account is active and in good standing.

Features and Benefits

To open a Discover Cashback Checking account you only need $25. After that initial deposit, there is no monthly minimum balance requirement or monthly fees. Other features include online and mobile banking, mobile check deposit, online money transfers, and no-fee paper checks. Discover also has a network of over 60,000 no-fee ATMs through the Allpoint® and MoneyPass® networks that can be found at a variety of locations including Target®, CVS®, Walgreens®, and Wal-Mart®. The mobile ATM locator can help you find an ATM near you wherever you are. You also receive peace of mind knowing your deposits are FDIC-insured up to the maximum allowed by law.

How to Apply

Opening a Discover Cashback Checking account only takes a few minutes.  When you begin the online application, make sure you have your address, phone, email, and social security number or taxpayer ID, as well as your bank account and routing number for your initial deposit. Please note, at this time, Discover’s checking product is only available to existing Discover Bank and Discover credit card customers.

Once your account is opened and funded, you’ll get a confirmation email. Your debit card and checks should arrive within ten days via mail.  After you set up your Personal Identification Number (PIN), you are ready to start earning cash back.

Discover Bank, Member FDIC

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