Discover Bank

2019 Overview

General Online Bank Information

Deposits FDIC Insured Yes
Insured Bank Discover Bank
FDIC Certificate # 5649
Date Established 1911
Assets $109.01 billion
Loans $87.02 billion
Deposits $71.99 billion
Capital $11.16 billion
Money that you deposit is held by Discover Bank. Discover Bank is an FDIC insured institution founded in 1911. It has approximately $109.01 billion in assets.

For a more detailed analysis of Discover Bank's financial condition and a description of what these numbers mean, please visit the Financial Details section.

Deposit Rates - October 21, 2019

Online Savings and Money Market Rates
Online Savings and Money Market Rates APY MIN MAX
Online CD Rates
Online CD Rates APY MIN MAX
3 Mo CD
0.35% $2,500 - Learn MoreShow Less
6 Mo CD
0.65% $2,500 - Learn MoreShow Less
12 Mo CD
2.20% $2,500 - Learn MoreShow Less
18 Mo CD
2.20% $2,500 - Learn MoreShow Less
24 Mo CD
2.25% $2,500 - Learn MoreShow Less
36 Mo CD
2.25% $2,500 - Learn MoreShow Less
48 Mo CD
2.25% $2,500 - Learn MoreShow Less
60 Mo CD
2.30% $2,500 - Learn MoreShow Less

Customer Reviews for Discover Bank

  • September 23, 2019 |

    I have had CDs with Discover Bank for 10 yrs. I have used mail, phone and email to work out new investments and cashing in of CDs with no difficulty. While you don't get the pleasure of face-to-face service that you get from a local credit union or small bank, I found investing with them easy and fast

  • March 21, 2018 |

    Online Savings Rates

    Application for savings account left in limbo for a week. Told that bank was not permitted to communicate either by email or phone to inform customer of need for additional document !!!
    Not logical or confidence inspiring.

  • October 22, 2017 |

    Just opened a savings account with Discover. Great customer service. Not the highest rates but very competitive. I have had no issues. They make opening an account simple. If you enter a transfer on Tuesday it will not be available until Monday of following week. This is not a problem for me. I don't put money in a savings that I need right away. That is what checking accounts are for. I highly recommend Discover.

  • August 23, 2017

    Online CDs 60 Month Rates

    I have been dealing with Discover for years, they are very slow to help when needed, good rate ( with AAA) fair service

  • June 28, 2017

    Online Savings Rates

    great job aaaaaaa+

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