Discover Bank is an online-only financial institution offering different banking services like checking, savings, money market and even CDs.
They offer high interest rates that are comparable to other big named banks, so be sure to check out all the products they have.
While US Bank has different locations with more than 3,000 branches across 26 states.
They offer a wide variety of checking, savings, CDs, and retirement accounts available to those who are looking for them. Plus they also have specific accounts for students and seniors.
Continue reading below to see a side-by-side comparison between Discover and US Bank, so you can see which one offers the services you need the most.
| PROMOTIONAL LINK | OFFER | REVIEW |
| Discover® Bank Online Savings terms apply | $150/$200 bonus + 3.50% APY | Review |
| Discover® Checking | $360 Cash Back | Review |
| Discover® Bank CD | Up to 4.00% APY | Review |
| Discover® Bank Money Market | Up to 3.45% APY | Review |
| Discover® Bank IRA CD | Up to 4.00% APY | Review |
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| Discover | US Bank | |
| Locations | Online Only | More than 3,000 branches across the U.S. (Locator) |
| ATMs | Over 60,000 no-fee ATMs | More than 4,700 ATMs |
| Savings | 4.5/5 | 3/5 |
| CD | 4/5 | |
| Checking | 4.5/5 | 3/5 |
| Money Market | 5/5 | 3/5 |
| Customer Service | 5/5 | 4.5/5 |
| Mobile App | 5/5 | 4.5/5 |
| Pros | -High yield -Cashback checking -24/7 customer service |
-Promo CD with high APY -Free student account -24/7 customer service |
| Cons | -No interest checking -$2,500 minimum deposit for CDs |
-High minimums to waive fees – Low savings |
| Bottom Line | Discover offers some of the highest interest rates on the market. | US Bank offers a wide selection of accounts catered to your needs. |
U.S. Bank Promotions
Read more about the latest U.S. Bank bonuses here.
Discover Bank Promotions
Discover Online SavingsDiscover CheckingDiscover Money MarketDiscover CDDiscover IRA CD
 Open a Discover® Online Savings Account for all these features: • Earn $200/$150 Bonus with promo code LOP325 by 9/11/2025 • Earn high interest rate of 3.50% APY • No minimum opening deposit, no minimum balance requirement, and now no fees • Interest on Discover Online Savings Accounts is compounded daily and credited monthly • Manage your account online or with the Discover mobile app • FDIC insurance up to $250,000 • See advertiser website for full details To qualify for Bonus: Apply for your first Discover Online Savings Account, enter Offer Code LOP325 at application, deposit into your Account a total of at least $15,000 to earn a $150 Bonus or deposit a total of at least $25,000 to earn a $200 Bonus. Qualifying deposit(s) may consist of multiple deposits and must post to Account within 45 days of account open date. Maximum bonus eligibility is $200. What to know: Offer not valid for existing or prior Discover savings customers. Eligibility is based on primary account owner. Account must be open when bonus is credited. Bonus will be credited to the account within 60 days of qualifying for the bonus. Bonus is subject to tax reporting. Offer ends 09/11/2025, 11:59 PM ET. Offer may be modified or withdrawn without notice. Due to new customer funding limits, you may wish to initiate fund transfers at your other institution. For information on funding, see FAQs on Discover.com/Bank. |
Read more about Discover Bank Online Savings here. Our full list of Discover Bank bonuses here.
Read more about Discover Bank Checking here. Our full list of Discover Bank bonuses here.
 • Get started and open a Discover® Money Market Account in 3 easy steps. • Available nationwide online • Earn high yields with flexible access to your cash. • Earn 3.45%% APY balances $100,000 and over • Earn 3.40% APY balances under $100,000 • No hidden fees. No surprises. • Easy cash access via debit or check, or via ATM at over 60,000 no-fee ATMs |
Read more about Discover Bank Money Market here. Our full list of Discover Bank bonuses here.
• Available nationwide online, Discover® offers CDs with some of the highest & most competitive rates! with select terms as short as 3 months up to 120 months • Rates ranging from 2.00% APY up to 4.00% APY. • Opening a Discover Bank Certificate of Deposit is extremely quick and easy. • Funds on deposit are FDIC-insured up to the maximum allowed by law. • Get started and open a Discover CD in 3 easy steps. |
Read more about Discover Bank CD here. Our full list of Discover Bank bonuses here.
• Available nationwide online • Select terms as short as 3 months up to 120 months • Rates ranging from 2.00% APY up to 4.00% APY • Step-by-step help available 24/7 by phone • Flexible options: Roth (pay now, save later) & Traditional IRAs (earn now, pay later) • Gather your retirement savings into one place. • Just three steps and you’re on your way to saving with a Discover® IRA CD. |
Read more about Discover Bank IRA CD here. Our full list of Discover Bank bonuses here.
Compare to Other Banks
- Discover Bank vs Chase
- Discover Bank vs Ally Bank
- Discover Bank vs Bank of America
- Discover Bank vs Wells Fargo
- Discover Bank vs KeyBank
- Discover Bank vs Regions Bank
- US Bank vs Citibank
- US Bank vs Bank of America
- Chase vs US Bank
- Huntington Bank vs US Bank
- PNC Bank vs US Bank
- Wells Fargo vs US Bank
- Citibank vs US Bank
- Bank of America vs US Bank
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Bottom Line
Which Bank is Better: Discover or US Bank?
In summary:
- Discover Bank’s savings and customer service are worth checking out since it offers high-interest rates compared to traditional savings accounts that pay very little interest.
- US Bank offers different types of accounts from savings to retirements. They also catering to students and senior citizens.
For more variety of options, see our list of the best bank account bonuses & savings account offers.
More on Discover:
More on US Bank:
- What Are US Bank’s Hours?
- How To Open a US Bank Account
- US Bank Routing Number
- How To Find and Use Your US Bank Login
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