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Discover’s Online Savings Account is a pretty solid option compared to other financial institutions on the market. Currently, this Discover savings account offers .70% APY, which is nearly five ...
Today’s highest savings rates are at FDIC-insured digital banks and accounts offering yields of up to 5.55% APY with a minimum $500 opening deposit at My Banking Direct and Western Alliance and ...
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.
Higher Interest Rates. Many online banks offer higher interest rates because they have less overhead costs than brick-and-mortar banks, and they pass the savings along to their customers. They ...
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Generous APYs on Discover Bank’s savings and its CDs, but only one type of checking account, savings account, and money market account.
Discover Online Savings Account. By opening a new online savings account with Discover, you can receive a bonus of $150 if you open the account and deposit at least $15,000 in the first 30 days. A ...
An online savings account (OSA) is a savings account managed and funded primarily on the Internet. Features [ edit ] OSAs are often characterized by a higher interest rate or lower fees, compared with traditional savings accounts.