Today's savings account rateAPY Info
for all balances
for all balances
I have not found a single bank or credit union that offers a higher interest rate with the same or better benefits than Discover Bank - Online Savings. I would recommend anyone to Discover. It is one bank you can trust. No schemes, no gimmicks, just real, authentic customer service.-Michael2015, Aug. 2015
The data speaks for itself.Comparison conducted by an independent research firm and based on data compiled in October 2015 from company websites customer service agents and consumer savings account offers. In some cases, competitors assess and/or waive fees if certain criteria are met. Registered trademarks are the properties of their respective owners.
Annual Percentage Yield (APY). Applies to Personal Accounts only. Discover and competitor rates are accurate as of XX/XX/2015 and may change at any time without prior notice. Fees could reduce the earnings on the account.
|Minimum opening deposit|
|Minimum balance required to waive monthly fee|
|Interest compounded/ paid|
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.
|Expedited delivery for
official bank checks
Excessivewithdrawal fees Info
Federal law limits the number of certain types of withdrawals and transfers from an Online Savings Account to a combined total of six per calendar month per account. There is no limit on the number of withdrawals by Official Check mailed to you. If you exceed these transaction limitations during any calendar month we may assess a per item Excessive Withdrawal Fee or 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.
|Stop payment order
for 6 months
(1 fee max per day)
How much can you start with?
How much can you afford to save each month?
What's the total you're hoping to save?
ACCESS & EASE
It's your money.
Use it when and how you want.
Deposit checks on the go or grow your savings with automatic transfers.
View balances and activity online or on your phone.
SIMPLE TO START
We'll need your address, phone, email and social security number (or other taxpayer ID).
Open with as little as $500. You can send us a check or transfer funds from an existing bank account.
We'll send a confirmation email, then watch the mail for your Welcome Kit.
1-800-347-7000 to have one of our U.S.-based Banking Specialists help you open an account.
Online Savings: A Smart Way to Save For Your Goals
Certain types of savings accounts are better than others for short- mid- and long-term goals...Read MoreAbout A Smart Way to Save For Your Goals
The minimum opening deposit is $500.
Reach someone helpful 24/7.
After your website visit, would you be willing to answer a few brief questions?