Discover Bank – Discover Online Savings

Minimum deposit to open:
$1

Product Info:

  • No minimum balance requirement
  • $500 to open
  • Interest compounded daily and credited monthly
  • Up to 6 preauthorized transfers from online savings account per statement cycle, including automatic and telephone transfers
  • Fast and free online money transfers
  • Low opening deposit, no minimum balance
To find out more, visitDiscover Bank's website
Current Rates
Min Deposit Max Deposit APY
$500
0.85 %

Discover Online Savings Rate History

Product Fees

  • Inbound Money Transfer: Free
  • Outbound Money Transfer: Free
  • Incoming Domestic Wire: Free
  • Incoming International Wire: Free
  • Foreign Check Conversion: At cost
  • Excessive Withdrawal (per item): $15
  • Outgoing Domestic Wire: $20
  • Outgoing International Wire: $40
  • Check Reorder(initial order free): $5