Discover Savings Account Offer Code – Get a bonus of up to $200 and enjoy a 4.30% APY on your savings

If you are looking for a way to save money and earn a high-interest rate, you might want to consider opening a Discover Online Savings Account. In this article, we will explain how you can get a bonus of up to $200 and enjoy a 4.30% APY on your savings.


What is a Discover Online Savings Account?

Discover Online Savings Account is an online bank account that offers a competitive interest rate of X.XX% APY, which is much higher than the national average of 0.06% APY. This means you can earn more interest on your savings and reach your financial goals faster.

Discover Online Savings Account also has no monthly fees, no minimum balance requirements, and no hidden fees. You can access your money anytime, anywhere, with online banking, mobile banking, and over 60,000 no-fee ATMs in the U.S.. You can also enjoy 24/7 U.S.-based customer service and FDIC insurance up to the maximum allowed by law.

What are the benefits of choosing Discover as your online bank?

Discover is an award-winning online bank that offers a range of products and services to help you achieve your financial goals. Some of the benefits of choosing Discover as your online bank are:

– High-yield Online Savings Account: Discover Online Savings Account has one of the highest interest rates in the market, with an APY of X.XX% as of XX/XX/XXXX. This means you can grow your money faster and reach your savings goals sooner. You can also open multiple online savings accounts for different purposes, such as emergency fund, vacation fund, or college fund.
– No fees or minimums: Discover Online Savings Account has no monthly fees or minimum balance requirements, which means you can keep more of your hard-earned money in your pocket. You also don’t have to worry about paying insufficient funds or overdraft fees because Discover does not charge them.
– 24/7 U.S.-based customer service: Discover has a friendly and knowledgeable customer service team that is available 24/7 to answer your questions and assist you with your banking needs. You can reach them by phone, email, or online chat. You can also use the Discover mobile app to access FAQs, send secure messages, or request a call back.
– Easy and fast account opening: You can open a Discover Online Savings Account in minutes with a few basic information, such as your name, address, Social Security Number, and funding source. You can make a deposit now or later, whichever is more convenient for you. You will receive a confirmation email and an ATM card in the mail within a few days.

How to open a Discover Online Savings Account?

Opening a Discover Online Savings Account is easy and fast. You will need the following information:

– Your Social Security number
– Your email address
– Your phone number
– A bank account number and routing number to fund your account.

Once you have the above information, then proceed to open your account. Note that you can do it online in minutes by following these steps:

– Visit and click on “Open an Account”.
– Select “Online Savings Account” as the account type and enter your personal information, such as name, address, Social Security Number, etc.
– Choose how much you want to deposit and how you want to fund your account. You can transfer money from another bank account, use a check, or use mobile check deposit.
– Review and agree to the terms and conditions and submit your application.
– Check your email for a confirmation and start enjoying your high-yield savings account.

Why choose Discover Online Savings Account?

Discover Online Savings Account is a great choice for anyone who wants to save more money with a high-interest rate, low fees, and convenient access. You can use this online bank account for various purposes, such as:

– Building an emergency fund
– Saving for a vacation
– Saving for a down payment
– Saving for retirement
– Saving for education
– Saving for any other goal

With Discover Online Savings Account, you can also set up automatic transfers from your checking account or direct deposit from your paycheck to make saving easier and faster. You can also track your progress and manage your account with the Discover mobile app or online banking.

Discover Online Savings Account is a bank account that is built around you and your needs. It offers maximum savings with minimum hassle. If you’re ready to start saving more money with a high-yield online bank account, open a Discover Online Savings Account today.

How to get a Bonus of up to $200?

Discover is currently offering a bonus of up to $200 for new customers who open their first Discover Online Savings Account. Here are the steps to get the bonus:

– Apply for your first Discover Online Savings Account online, in the Discover App or by phone.
– Enter Offer Code **NW923** when applying.
– Deposit at least $15,000 for a $150 bonus, or $25,000 for a $200 bonus.
– Deposit must be posted to account within 30 days of account open date.
– Bonus will be credited to the account within 60 days of the account qualifying for the bonus.

This offer is valid until 12/14/2023, 11:59 PM ET. You cannot be an existing or prior Discover savings customer or existing or prior customer with savings accounts that are co-branded, or affinity accounts provided by Discover. Eligibility is based on primary account owner. Bonus is interest and subject to reporting on Form 1099-INT. Offer may be modified or withdrawn without notice.

How does an online savings account differ from a traditional savings account?

A traditional savings account is one that is offered by a bank that has physical branches where you can visit and interact with tellers and bankers. A traditional savings account may have some online banking features, but it may also have more limitations and fees than an online savings account.

Some of the differences between an online savings account and a traditional savings account are:

– Interest rates: Online savings accounts tend to have higher interest rates than traditional savings accounts because online banks have lower overhead costs and can pass on the savings to their customers. For example, as of XX/XX/XXXX, the APY for a Discover Online Savings Account is X.XX%, while the average APY for a traditional savings account is X.XX%, according to Curinos.
– Fees: Online savings accounts usually have no monthly fees or minimum balance requirements, while traditional savings accounts may charge fees for maintenance, low balance, excess transactions, or ATM usage. For example, Discover Online Savings Account has no fees whatsoever, while some traditional banks may charge up to $15 per month for their savings accounts.
– Convenience: Online savings accounts offer more convenience and flexibility than traditional savings accounts because you can access your account anytime and anywhere through the internet or your smartphone. You can also use features like mobile check deposit, voice banking, and push notifications to manage your money on the go. With a traditional savings account, you may have to visit a branch or call customer service to perform certain transactions or resolve issues.
– Security: Online savings accounts are just as secure as traditional savings accounts because they are insured by the Federal Deposit Insurance Corporation (FDIC) up to $250,000 per depositor, per account category. Online banks also use encryption, firewalls, and other security measures to protect your personal and financial information from hackers and fraudsters. You can also use biometric authentication, such as fingerprint or face recognition, to log in to your online banking app.

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A Discover Online Savings Account is a great option for anyone who wants to save money and earn a high interest rate. You can get a bonus of up to $200 when you open your first account and deposit at least $15,000 or $25,000 within 30 days. You can also enjoy no monthly fees, FDIC insurance, and convenient online and mobile banking. Don’t miss this opportunity and apply today with the offer code NW923.