Discover Bank High-Yield CDs

Discover Bank CDs APY

	$2.5k & Above
12 months	4.00% APY
18 months	3.80% APY
24 months	3.60% APY
30 months	3.60% APY
36 months	3.60% APY
48 months	3.60% APY
60 months	3.60% APY
84 months	3.50% APY
120 months	3.50% APY

Receive up to 4.00% APY for Discover Bank High-Yield CD account

Receive 3.50% / 3.50% / 2.00% APY for 9 / 6 / 3 months CD account

Minimum opening deposit of US$2,500

Interest is compounded daily and credited to account monthly

No fees

Free official bank check

IRA CDs available

Discover Bank will send you a notification 30 days before your CD matures. When your CD matures, you may make a deposit or withdrawal (in whole or in part), or change the length of the term of the renewed CD during the Grace Period which consists of the 9 days immediately following the maturity date. Your CD will automatically renew if no action is taken during the Grace Period

A penalty of 3 / 6 / 9 / 18 / 24 months simple interest will be imposed for <1 year / 1 to <4 years / 4 to <5 years / 5 to <7 years / 7 to 10 years CDs if you withdraw funds from your Certificate of Deposit before its maturity date

Click here to go to Discover Bank website for more details

About Discover Bank

Discover Bank is a leading financial services company that is one of the largest credit card issuers in the country. It is mainly an online bank with 1 main physical branch in Greenwood, Delaware. Online banking is available via app or website for all customers.

Discover Bank can be contacted via mail, email or 24/7 phone support at 1-800-347-7000

Discover Bank is a member of FDIC which covers the deposits of a depositor to up to US$250,000