If you currently hold an account with Discover, they are offering to forgive one of your fees per calendar year. This applies to Checking, Savings, & Money Market account holders.
They stated on their press release: “Discover designs products that are simple and easy for our customers to use, which is why we made this feature seamless… It automatically waives the first eligible fee for our checking, savings and money market customers.
While others continue to add fees, we’re committed to helping our customers save more with accounts that have no monthly maintenance fees and the ability to earn cash back on debit purchases.” So keep reading to find out more! Also, make sure to check out our Discover Promotions.
![]() Open a Discover® Online Savings Account for all these features: • Earn $200/$150 Bonus with promo code CK924 by 3/13/2025 • Earn high interest rate of 3.75% 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 CK924 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, including co-branded, or affinity accounts. 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 subject to tax reporting. Offer ends 03/13/2025, 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 Offer may be modified or withdrawn without notice.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 your Account, see FAQs on Discover.com/Bank. |
Fees:
As stated above, Discover is forgiving one fee per calendar year which is great. The following fees that qualify to be forgiven by Discover are listed below. Also, learn more about Discover Bank SCRA Benefits: Waived Fees and Low APR!
- Excessive Withdrawal Fee
- Insufficient Funds Fee
- Stop Payment Fee
- Money Market Minimum Balance Fee
![]() • 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 3.65%% APY balances $100,000 and over • Earn 3.60% 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 |
Bottom Line:
In conclusion, if you have been charged for one of the fees listed above, Discover will refund you the first fee each calendar year. This truly separates Discover from many other banks who might continue to add fees after your first fee.
Personally, I do agree that these are positive changes because you are getting reimbursed for your mistakes the first time them happen. If you are looking for more options, then browse more offers from the fully updated HMB list of Bank Bonuses!
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![]() | Chase Ink Business Unlimited® Credit Card: New cardholders can enjoy a welcome offer of $750 bonus cash back after you spend $6,000 on purchases in the first 3 months from account opening. Click here to learn how to apply--- Review |