Find the latest Discover Savings bonus, offer codes, promo codes, and promotion here! Member FDIC.
Available nationwide, the Discover Online Savings Account that offers to kick-start your savings with a $200 or $150 bonus along with 4.30% APY – one of the highest rates online!
To redeem this offer, apply for your first Discover Online Savings account by 12/14/2023 and be sure to use the promo code HMB923 when applying. See advertiser website for full details on the promotion terms to earn your Discover Savings Bonus!
Discover Bank is FDIC-insured. Enjoy online convenience and high interest yields while receiving a safe and secure way to save money each month.
Discover Savings Bonus Summary
![]() Open a Discover Online Savings Account for all these features: • Earn $200/$150 Bonus with promo code HMB923 by 12/14/2023 • Earn high interest rate of 4.30% 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 get your $150 or $200 Bonus: What to do: Apply for your first Discover Online Savings Account, online, in the Discover App or by phone. Enter Offer Code HMB923 when applying. 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. Deposit must be posted to account within 30 days of account open date. Maximum bonus eligibility is $200. What to know: Offer not valid for existing or prior Discover savings customers or existing or prior customers with savings accounts that are co-branded, or affinity accounts provided by Discover. 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 the account qualifying for the bonus. Bonus is interest and subject to reporting on Form 1099-INT. Offer ends 12/14/2023, 11:59 PM ET. Offer may be modified or withdrawn without notice. |
Discover Savings Bonus Information
Direct Link to Offer | |
Account Type | Online Savings Account |
Availability | Online nationwide |
What’s the offer? | $150 or $200 bonus |
Current APY | 4.30% |
Promo Code | HMB923 |
How to open | Online or by phone (1-800-347-7000) |
How to qualify | Must be your first Discover Online Savings Account. |
When you’ll receive it | Bonus will be credited to the account within 60 days of the account qualifying for the bonus. |
Account monthly fee | $0; There are no fees or minimum balance requirements |
Account closure fee | None |
How To Earn Discover Savings Bonus
*See advertiser website for full details.*
How To Earn $150 Bonus
- Must be a new Discover Bank Online Savings Account customer
- Apply for your first Discover Online Savings Account through HustlerMoneyBlog.com by 12/14/2023 using offer code HMB923
- Fund your first savings account with a minimum deposit of $15,000 within 30 days of account open date.
- Finally, verify information and electronically sign your application. They may ask your to verify some information on your credit report such as old addresses or loans.
- As a result, you’ll earn your $150 Discover Savings Bonus!
How To Earn $200 Bonus
- Must be a new Discover Bank Online Savings Account customer
- Apply for your first Discover Online Savings Account through HustlerMoneyBlog.com by 12/14/2023 using offer code HMB923
- Fund your first savings account with a minimum deposit of $25,000 within 30 days of account open date.
- Finally, verify information and electronically sign your application. They may ask your to verify some information on your credit report such as old addresses or loans.
- As a result, you’ll earn your $200 Discover Savings Bonus!
Account Features
- No minimum opening deposit.
- No minimum balance requirement.
- Interest is compounded daily and credited monthly.
- Now with no fees.
- Auto Savers plan which automatically transfers money from your personal checking account into your savings account each month.
- FDIC insurance up to $250,000.
- Manage your account online or with the Discover mobile banking apps. Features include checking your savings account balance, viewing recent activity, viewing earned interest, and the ability to make and set up transfers, and works on the Android, iPhone, and Blackberry devices.
Fine Print
What to know: Offer not valid for existing or prior Discover savings customers or existing or prior customers with savings accounts that are co-branded, or affinity accounts provided by Discover. 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 the account qualifying for the bonus. Bonus is interest and subject to reporting on Form 1099-INT. Offer ends 12/14/2023, 11:59 PM ET. Offer may be modified or withdrawn without notice.
Are My Deposits Safe?
Yes, Discover Bank is a member of the FDIC. FDIC deposit insurance is $250,000 per depositor, per deposit ownership category.
The FDIC provides separate insurance coverage for funds that depositors may have in different categories of legal ownership. The FDIC refers to these different categories as ownership categories.
About Discover Bank
Discover strives to be the leading digital bank and payments services company.
Their mission is to help people spend smarter, manage debt better, and save more to achieve a brighter financial future.
PROMOTIONAL LINK | OFFER | REVIEW |
Discover Bank Online Savings terms apply | Up to $200 Cash + 4.30% APY | Review |
Discover Checking | $360 Cash Back | Review |
Discover Bank CD | Up to 5.00% APY | Review |
Discover Bank Money Market | Up to 4.25% APY | Review |
Discover Bank IRA CD | Up to 5.00% APY | Review |
Bottom Line
If you’re on the search for an account that offers a bonus, highly competitive annual percentage yield (APY) rates on your funds, and low fees, then you’re definitely looking at the right spot.
To conclude, the Discover Savings Account is the right fit for you if you’re looking for all three in one account.
See our full list of Bank Rates for all the best online banks plus more Discover Bank bonuses! For more, see our list of the latest bank bonuses.