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Discover Bank is mainly an online financial institution that offers many financial services such as checking accounts, savings accounts, and money market accounts. However the first and original location of the Greenwood Trust Company on 502 East Market Street is still operating and is the only physical banking location of Discover Bank.
A high-yield savings account can earn you significantly more interest than a traditional savings account, with digital banks and online accounts offering the strongest rates, passing along ...
APY.70% APY. Monthly fee. $0. ATM access. 60,000+ if linked to Discover Cashback Debit, no ATM access without. Minimum starting balance. $0. Minimum balance required to maintain
Even if you have a baseline $1,000 in savings, a 4.5 percent HSYA will earn you about $40 more per year than a traditional 0.47 percent account, if inflation holds at 3 percent.
The Online Savings Account from Discover Bank can be a good choice if you prefer the convenience of having highly rated deposit products and credit cards all in one place. Discover’s savings ...
In fact, more than 8.5 million customers signed up for OSAs with leading U.S. banks in 2005 alone, and some industry experts estimated the online savings account market would triple in size, from $250 billion to $400 billion by 2010. [1] [2]
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