Discover Bank Savings Account Rate
The bank's savings account rate is 4 times the national average savings rate of 0.33 percent for account balances of at least $2,500. The minimum opening deposit for the online savings account at Discover Bank is $500.
The savings interest earned on the account is compounded on a daily basis and credited to your account monthly. Discover Bank's online savings account is insured by the Federal Deposit Insurance Corporation (FDIC) for up to $250,000.
You’ll need to fulfill the following requirements and provide the appropriate information when filling out an online savings account application:
Visit discoverbank.com for current savings account rates.
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