Discover Bank CD Review
Discover Bank is based in Greenwood, DE. It was founded in 1985 and offers banking services in 50 states (and Washington, DC).
Is Discover Bank CD insured by the FDIC?
Certificate deposits invested with Discover Bank are insured by the Federal Deposit Insurance Corporation (FDIC). The FDIC insures up to $250k in CDs per accountholder.
What types of CDs does Discover Bank offer?
What APY does Discover Bank offer on its CDs?
Discover Bank CD offers an APY starting at 0.35% and ranging up to 3.1% (APY stands for annual percentage yield, rates may change).
What types of terms does Discover Bank CD offer?
Discover Bank offers CD terms of the following lengths:
Discover Bank CD Rates & Terms
||0.35% - 3.1%
What are the account minimums for Discover Bank CD?
Discover Bank CD requires a minimum initial deposit of $2,500 to open an account.
What fees does Discover Bank CD charge?
Financial institutions don't typically charge many fees on certificate of deposit accounts. However, some do charge a fee if you chooose to withdrawal your money before the CD term ends.
Discover Bank does not charge an early withdrawal fee.
Discover Bank CD Fees
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