Earn more on your terms.

See how your earnings grow depending on how long you commit to a high-yield CD—and how ours beats the best of the rest.

Competitor comparison information obtained from Informa Research Services, Inc., as of XX/XX/XXXX, using Certificate of Deposit account APYs. APYs assume a $2,500 minimum deposit to open. When no competitor APY is available ‘N/A’ is displayed. The non-Discover Bank service marks for Bank of America, Capital One 360, Chase, Citibank, Wells Fargo and U.S. Bank are owned by each respective entity. All rights reserved. Although the information provided by Informa Research Services has been obtained from the various institutions, the accuracy cannot be guaranteed.

Initial deposit

Please enter an amount between $2,500 and $5,000,000.
Earned interest with Discover

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


Annual Percentage Yield (APY) is accurate as of XX/XX/XXXX and subject to change daily without notice. This offer applies to personal accounts only. A penalty may be charged for early withdrawal. Fees could reduce earnings on the account. Minimum opening balance is $2,500.

Get started with as little as $2,500.

Yes, Please

We don’t believe in sneaky fees.

  • Official bank check
  • Incoming wire (from an external bank)

    Wire transfers received before 4pm Eastern Time are posted to your Account on the Business Day we receive them. Wire transfers received after 4pm Eastern Time are posted to your Account on the next Business Day, with an effective date of the Business Day the funds were received. In some circumstances, a wire transfer may require additional processing time and will be posted to your Account upon completion of processing, with an effective date of the Business Day the funds were received.

  • Outgoing wire (to an external bank)

    Requests received and fully verified at or before 3pm Eastern Time on a Business Day will be processed as of that Business Day. Wire transfer requests received and fully verified after 3pm Eastern Time on a Business Day, or at any time on a day that is not a Business Day, will not be processed until the next Business Day.

Get Started

Need your money early?

That’s alright. Just keep in mind that all Certificate of Deposit accounts have a penalty if you withdraw before your maturity date. The early withdrawal penalty depends on the length of the CD.

“Simple interest” is calculated by multiplying the daily interest rate by your principal by the number of days that elapse between payments. (One month equals 30 days for simple interest fee calculation.)

Beginning on the 8th day after your CD is opened and funded, and for the next 22 calendar days, we will deduct each day's simple interest on the issue amount withdrawn from the day you originally opened the CD to the day you decided to withdraw.

In some cases, the early withdrawal penalty may reduce the principal in the CD.


Fees shown apply to new CDs.

less than 1 year
1 year to < 4 years
4 years to < 5 years
5 years to < 7 years
7 years to 10 years
3 months simple interest
6 months simple interest
9 months simple interest
18 months simple interest
24 months simple interest