Discover Bank Money Market Accounts
Maximum liquidity at competitive rates. Earn a competitive rate and enjoy easy access to your money.
Access is convenient and rewarding
- Use your Discover Bank Debit Card to pay for purchases wherever Discover is accepted
- Link your Discover Card to your Discover Bank Money Market Account
- Write checks from your account for free
- Access your account at any ATM with the Discover Network Acceptance Mark or the Pulse Logo
- Earn rewards points on your purchases with the Perks EverydaySM program
Free Online Banking Services
- Pay bills online and save time and money
- 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
Saving made simple
- Keep your goals on track by scheduling recurring deposits with our AutoSavers Plan
- Maximize your savings - maintain higher balances to receive a greater return
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 applicable limits
Open a high-yield Money Market Account online today. Funding is fast and free with electronic deposit!
3.04
%
APY
Discover Bank offers competitive rates that consistently exceed the National Average1
As of: May 6 , 2008
| Account Balance | Interest Rate | APY2 |
|---|---|---|
| $2,500-$4,999 | 3.00% | 3.04% |
| $5,000-$9,999 | 3.00% | 3.04% |
| $10,000-$24,999 | 3.00% | 3.04% |
| $25,000-$49,999 | 3.05% | 3.09% |
| $50,000 Plus | 3.10% | 3.14% |
Rates are applied based on the date the account is funded.
† Assumes principal and interest remain on deposit and interest rate does not change for the selected time period.
1 Based on comparison rates reported in a recent survey of financial institutions by Banxquote.com.
2 Annual Percentage Yield. Fees could reduce earnings on Account. Rates may change after the account is opened. All rates shown are valid as of 05/06/08. Advertised rates are subject to change daily without notice.
