Discover’s Online Savings offers not only an attractively high APY Interest Rate, but also exceptional features that will have you on top of your savings goals from 24/7 live US BASED customer support to automatic transfers that can be made from your personal checking account each month. Lets not forget the cherry on top; Discover’s mobile banking app, no monthly fees, and no minimum balance requirements!
Editor’s Note: Be sure to also check out our full detailed list of Discover Bank Promotions!
 Open a Discover® Online Savings Account for all these features: • Earn $200/$150 Bonus with promo code LOP325 by 9/11/2025 • Earn high interest rate of 3.70% APY • No minimum opening deposit, no minimum balance requirement, and now no fees • Interest on Discover Online Savings Accounts is compounded daily and credited monthly • Manage your account online or with the Discover mobile app • FDIC insurance up to $250,000 • See advertiser website for full details To qualify for Bonus: Apply for your first Discover Online Savings Account, enter Offer Code LOP325 at application, deposit into your Account a total of at least $15,000 to earn a $150 Bonus or deposit a total of at least $25,000 to earn a $200 Bonus. Qualifying deposit(s) may consist of multiple deposits and must post to Account within 45 days of account open date. Maximum bonus eligibility is $200. What to know: Offer not valid for existing or prior Discover savings customers. Eligibility is based on primary account owner. Account must be open when bonus is credited. Bonus will be credited to the account within 60 days of qualifying for the bonus. Bonus is subject to tax reporting. Offer ends 09/11/2025, 11:59 PM ET. Offer may be modified or withdrawn without notice. Due to new customer funding limits, you may wish to initiate fund transfers at your other institution. For information on funding, see FAQs on Discover.com/Bank. |
Discover Bank Online Savings Summary:
- Learn More
- Account Type: Online Savings Account
- Availability: Nationwide
- Expiration Date: None
- Credit Inquiry: Soft Pull
- Direct Deposit Requirement: None
- Additional Requirements:
- Monthly Fee: None
- Early Termination Fee: None
Best Discover Bank Online Savings Features:
- This rate is among the highest rate currently up for grabs and will continue to rise in the means of a stabilizing economy (short-term interest rate rise).
- 24/7 live (U.S. based) customer support. US Based customer service is hard to come by nowadays with bigger businesses and considering how they encompass the very means of efficiency with kind, helpful re-directories,etc., my personal experience with Discover Bank can be described in one word as ‘competent’.
- FDIC insurance up to $250,000.
- No minimum balance requirement & No monthly fees: By far, one of the best features you can receive on this account is the gift of no fees!
- Auto Saver Plan: The Discover Savings Account is capable of easy automatic transfers from your personal checking account into your savings account each recurring month.
- Discover Mobile Banking App:Utter convenience at your fingertips with easy to control platforms integrated to suit your smartphone or tablet. Check your account balance, view recent account activity/earned interest, and make transfers.
- Interest is compounded daily and credited monthly.
Conclusion:
Now, with the Discover Online Savings, surely there are amazingly attractive features that goes alongside the beautiful APY, such as the 24/7 live US based customer service and best of all, no monthly fees, no minimum balance requirement. You will also have access to automatic recurring payment setup as well as their mobile banking app to check your account balance, view recent account activity/earned interest, and make transfers on the go. Interest is compounded daily and credited monthly. Be sure to check out our list of Best Credit Card Promotions as well as our full detailed list of Discover Bank Promotions!
