Discover Bank Money Market Accounts & CDs
Your money. Under control. There are some things in life you may not be able to control — the weather, gravity, gas prices... Fortunately, with Discover Bank one thing you can control is your money. No matter what stage of life you're in, Discover Bank has an FDIC-insured savings account that works for you.
Money Market Accounts
Maximum liquidity at competitive rates.
Discover Bank rates consistently exceed the national average1
As of: July 1 , 2008
| Account Balance | Interest Rate | APY3 |
|---|---|---|
| $2,500-$4,999 | 3.10% | 3.14% |
| $5,000-$9,999 | 3.10% | 3.14% |
| $10,000-$24,999 | 3.10% | 3.14% |
| $25,000-$49,999 | 3.15% | 3.19% |
| $50,000 Plus | 3.20% | 3.25% |
Rates are applied based on the date the account is funded.
CD Accounts
Lock in a competitive rate and leave uncertainty behind.
Discover Bank rates consistently exceed the national average1
As of: July 1, 2008
1 Based on comparison rates reported in a recent survey of financial institutions by Banxquote.com.
2 Banxquote.com National Average as of 7/3/08.
3 Annual Percentage Yield. Fees could reduce earnings on Account. Rates may change after the account is opened. All rates shown are valid as of 07/01/08. Advertised rates are subject to change daily without notice.
4 Annual Percentage Yield. CD rates apply to terms of 3 months to 5 years. A penalty is charged for early withdrawal. Fees could reduce earnings on the Account. All advertised rates shown are valid as of 07/01/08. Advertised rates are subject to change daily without notice.
