Discover Bank pays competitive rates that consistently exceed the National Average1.
| Term | Interest Rate | APY2 | APY3 | APY4 | APY4 |
1. Bankrate.com (4Q-2008) Top Tier Quarterly Winner for consistently high yields.
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| Discover Bank | |
|---|---|
| Early Withdrawal Fees | |
| CD term of less than one year | 3 months simple interest on the amount withdrawn |
| CD term of one year up to and including 5 years | 6 months simple interest on the amount withdrawn |
| CD term greater than 5 years | 9 months simple interest on the amount withdrawn |
| Incoming Domestic Wire | Free |
| Incoming International Wire | Free |
| Foreign Check Conversion | At cost |
| Outgoing Domestic Wire | $20 |
| Outgoing International Wire | $40 |
| Copy of Statement, Check, Deposit Item | $5 |
| Priority Mail | $20 |