Discover Bank Certificate of Deposit Accounts
Lock in a competitive rate and leave uncertainty behind. Secure a competitive fixed rate on all or part of your savings with a CD term of your choice.
Customize to your lifestyle
- Choose terms ranging from 3 months to 10 years
- Accumulate interest in your CD account or transfer it to the account of your choice
- Fixed rates mean you can relax, knowing you'll receive predictable returns
Free Online Banking Services
- Online Banking lets you access your accounts wherever, whenever
- Transfer money between your Discover Bank and non-Discover Bank accounts
- View and manage your Discover Bank and non-Discover Bank accounts in one place with account aggregation
Savings made simple
- CDs automatically renew at maturity for the same term at the current rate. We'll notify you before your account matures to offer you renewal options that meet your needs
- Add to a maturing CD or fund a new one using our free online transfer
Bank with Confidence
- In business for over 95 years, Discover Bank is part of Discover Financial Services - one of the most recognized financial service providers in the U.S.
- Accounts are FDIC-insured up to $250,000.‡
† Assumes principal and interest remain on deposit and interest rate does not change for the selected time period.
‡ On October 3, 2008, FDIC deposit insurance temporarily increased from $100,000 to $250,000 per depositor through December 31, 2009.
1 Based on comparison rates reported in a recent survey of financial institutions by Banxquote.com.
2 Annual Percentage Yield. CD rates apply to terms of 3 months to 10 years. A penalty is charged for early withdrawal. Fees could reduce earnings on the Account. All advertised rates shown are valid as of . Advertised rates are subject to change daily without notice.
