Discover bank cd interest rate

Compare Discover Bank's CD rates and term

Nov 1, 2022 ... Discover Bank CDs. 2 out of 5 ; Term, 5 years. APY, 4.10%. Minimum deposit to earn APY, $2,500 ...Discover® has been in operation since 1985, and digital in some form since 1995. Its Certificate of Deposit (CD) account lets you grow your money by locking in a high-interest rate for a fixed term of between 3 months and 10 years. Its rates are very competitive compared to other traditional banks. It also has 24/7 support and great security ...

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If you are someone who still enjoys listening to music from CDs, then you know how frustrating it can be when your CD player stops working. Before you consider tossing your beloved...Silver Business Checking Package - Up to $800 Bonus. Earn up to $800 bonus when you open a new, eligible U.S. Bank business checking account online with promo code Q2AFL24 and complete qualifying activities, subject to certain terms and limitations. Offer valid through August 30, 2024. Member FDIC.CIT Bank CD No Penalty. 3.50%. $1,000 ; US Bank CDs. 4.30%. $1,000 ; Quontic 12-Month CD. 4.50%. $500 ; Discover® CDs. Up to 4.70%. $2,500.Compare Discover Bank's CD rates and terms for 2024, ranging from 3 months to 10 years. Learn about the pros and cons of Discover's CDs, and how they …Discover’s savings account offers a competitive interest rate, which comes without a monthly fee or a minimum deposit requirement, though higher rates on savings …2.00% – 4.70% APY. $2,500 minimum deposit to open. 3 months – 5 years. Discover® Bank CD overview. Discover® Bank offers 12 terms of traditional CDs that range from three months to 10 years ...Certificates of deposit (CDs) are widely regarded as a wise choice for beginning investors and those who are looking to diversify their portfolios with lower-risk investment produc...Jan 11, 2024 · 4.70% APY for 12-month term. 4.40% APY for 18-month term. 3.75% APY for 36-month term. 3.75% APY for 5-year term. Click Here to Learn More. While most known for their credit cards, Discover® Bank also has great banking products. Their CD rates are far higher than what you'd get at most brick-and-mortar banks. AAA Money. Online Savings. AAA may be compensated for the referral of deposit customers to Discover Bank. Our partnership with Discover Bank allows us to offer exclusive CD, money market, and savings accounts for all AAA members.While you’d be lucky to get a 1.00% APY on 120-month CD terms from most banks, this Fairfax, VA.-based credit union offers 3.81% on its 10-year CD. Its interest rates on other CDs aren’t bad ...Discover Bank Interest Rates ; CD, up to: 4.50%, Mar, 2023 ; Credit Cards, from: 16.49%, Mar, 2023 ...Discover Savings Rates. Discover Bank (FDIC Insured) is an online bank and payment services company headquartered in Chicago. The Discover® Online Savings Account pays 4.25% (as of 3/14/24) APY ...Discover’s 3-year CD offers one of the best interest rates available in that category — 3.75%. Discover requires a $2,500 minimum deposit for CDs, which may not …2.00% – 4.70% APY. $2,500 minimum deposit to open. 3 months – 5 years. Discover® Bank CD overview. Discover® Bank offers 12 terms of traditional CDs that range from three months to 10 years ...TAB Bank CD: Best for 1-Year CD Rates, 5.27% APY. Live Oak Bank CD: Best for 1-Year CD Rates, 5.00% APY. BrioDirect High-Yield CD: Best for 1-Year CD Rates, 5.00% APY. Service Credit Union Share ...2 days ago · Discover Bank CD Rates . Term APY; 3 Months. 2.00% 6 Months. 4.25% ... Quontic Bank Certificate of Deposit: 4.6: 3-Year CDs: ... The best time to open a CD is when interest rates are nearing or at ... Annual percentage yields vary depending on the CD term. Here’s a look at Discover Bank CD rates for April 2024. Term. APY. 3 months. 2.00%. 6 months. 4.25%. 9 months.The top 10-year CD rates we found in our research are currently 4% annual percentage yield (APY), which is far higher than the 1.37% national average CD rate across all terms. If you were to ...Mar 15, 2024 · Discover CD Rates Discover CDs offer a wider range of terms than many competitors — most offer terms up to 5 years, but Discover also has 7-year and 10-year terms. However, it doesn't offer any ... Compare Discover's CD rates and terms with other Synchrony Bank Review. Charles Schwab CDs vs. Discover Bank CDs. In today’s financial landscape, finding a bank that offers competitive interest rates is crucial for individuals and businesses alike. One institution that has gained significant a...May 9, 2024 · Convenience isn’t the only high point for Discover’s money market accounts. These accounts offer high earning potential. It currently offers a 4.00% APY for balances under $100,000 and 4.05% ... Feb 12, 2024 · As with Discover Bank’s CDs, the long Competitive rates on savings accounts and CDs. Large, free, nationwide ATM network. No minimum opening deposits. Cons. Limited branch access. Checking. … 2.00% – 4.70% APY. $2,500 minimum deposit to open. 3 months – 5 years. Discover® Bank CD overview. Discover® Bank offers 12 terms of traditional CDs that range from three months to 10 years ... 4.70% APY for 12-month term. 4.40% APY for 18-month term. 3.75%

6 days ago ... Rates ranging from 2.00% APY up to 4.70% APY. • Opening a Discover Bank Certificate of Deposit is extremely quick and easy. • Funds on deposit ...Discover Bank CD Overview. Minimum deposit: $2,500; Interest: Compounded daily and credited monthly; CD terms: Between 3 months to 10 years; Monthly fees: None; Interest rates: Discover Bank offers a selection of CD terms from 3 months to 10 years, and the APYs vary between a modest 2.00% to a generous 5.00%. Although, the bank’s high-yield ...You work hard for your money, and you want you money to work hard for you. Here are some of the current bank interest rates. The bank is the safest place to keep your money, while ...Submit an application. “You should be able to open most money markets online, over the phone, or at a local branch,” Li-Cain says. For example, you can open a Discover Money Market Account online or by calling the U.S.-based customer service line at 1-800-347-7000.Funding. Interest/APY. What is the minimum deposit amount to open a CD Account? Can I open a Certificate of Deposit (CD) as a Trust or Custodial account? How can I fund my …

Compare Discover's CD rates and terms with other online banks. Discover offers up to 4.70% APY for one-year CDs and FDIC insurance up to $250,000.We would like to show you a description here but the site won’t allow us.To say that something is “compounded quarterly” is to say that it is compounded four times a year. An example of something that may be compounded quarterly is the interest rate on ...…

Reader Q&A - also see RECOMMENDED ARTICLES & FAQs. 4.70% APY for 12-month term. 4.40% APY for 18-month term. Possible cause: Discover Bank has a wide variety of CDs with yields up to a 4.70% APY for .

Discover® Bank CD Rates; Discover® Cashback Debit; ... You get the high interest rate of a savings account, plus the ATM and check-writing capabilities of a checking account.Your savings account interest could compound daily, monthly, quarterly, or annually. Suppose you deposit $5,000 into a savings account, don’t deposit or withdraw any more money, and the interest rate doesn’t change. If the account has a 1.00% interest rate and the interest compounds annually—that is, the bank pays you interest on your ...

In March 1980, six-month CD rates averaged 17.74% APY, and the rate rose to 17.98% in August 1981. At the same time, the average 3-month CD rate hit 18.65%. But these historically high interest ...Earn guaranteed returns on your savings with a Discover CD account. Choose from terms of 3 months to 10 years and enjoy no fees, FDIC insurance and online access.

You work hard for your money, and you want your money to Discover Bank is an online bank that has been operating for over 30 years. It offers a range of banking products including savings accounts, checking accounts, money market accounts, CDs, and loans. Discover Bank is known for its competitive interest rates and low fees, making it a popular choice among customers looking for an online … Home Loans. With loan amounts from $35,000 to $300,000, BMO Alto Certificate of Deposit: Best for CD Compare Discover's CD rates and terms with other online banks and find out how to open a CD account with $2,500. Discover offers high interest rates, daily compounding, and a variety of CD terms, but also has high early withdrawal penalties. For example, if you opened a 2-year variable-rate CD at 1.05% APY an CIT Bank: 3.50% APY, 11 months, $1,000 minimum to open. Marcus by Goldman Sachs: 4.70% APY, 13 months, $500 minimum to open. Climate First Bank: 5.00% APY, 12 months, $500 minimum to open. » See ...Explore our Discover CD review and find a comprehensive guide on Discover CD rates and if they work for your banking needs and lifestyle. Start saving today. No. Savings rates. Minimum Deposit $0 3.90%. Discover’s savings accounThe amount of postage required to mail aThe best interest rates on CDs (certificates of deposit Is a good interest rate or low banking fees more important? Learn more about what's more important: a good interest rate or low banking fees. Advertisement Getting the best return ...Compare Discover Bank's CD rates and terms with other providers. Discover offers competitive rates on most terms, but you’ll need a high $2,500 deposit and no … NerdWallet's Best No-Penalty CD Rates for May Discover Bank and Capital One 360 offer similar deposit accounts with competitive rates, no fees and no minimum opening balance. Capital One, however, offers a few more account options ... Current 2-Year CD Rates. If you can hold ou[Our Verdict. While Discover is best known for its credit caApr 8, 2024 · Find out the current APYs for Discover Bank 5 Year CD Rates. The current interest for this CD product is for a 12 month term with a minimum of $2,500 to open up this 1 year Discover Bank CD Account. The rate of 4.10%8 is 2.56% higher than the average 1.54%. Also it is the highest rate for this term period 4.10 Updated Mar, 2023.