All savings
Online bank FDIC insured
Discover Bankhigh-yield savings
Online Savings Account
Discover's online savings account offers a competitive APY with no monthly fees or minimums.
4.10%
Annual Percentage Yield
Minimum deposit
$0
Monthly fee
None
Compounding
Daily
Pros and cons
Pros
- No fees
- Strong customer service
- Trusted brand
Cons
- No physical branches
Account terms
- Bank type
- Online bank
- FDIC insured
- Yes — up to $250,000
- Availability
- Nationwide
- Withdrawal limit
- 6 per month
National rate curve
Comparing 8 active high-yield savings accounts
Top 75% nationally
Deposit calculator
See how much you'd earn at 4.10% APY, compounded daily.
1 year
$10,418
+ $418 earned
3 years
$11,309
+ $1,309 earned
5 years
$12,275
+ $2,275 earned
More from Discover Bank
View bank →Rates and terms are illustrative. Always verify with Discover Bank before applying.