Online Bank from Discover | Open an Online Bank Account Today (2024)

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    Online Bank from Discover | Open an Online Bank Account Today (3)

    Take your money further with the right account

    From cash back on debit card purchases to X.XX% APYAnnual Percentage Yield (APY). Advertised Online Savings Account APY is accurate as of XX/XX/XXXX. Applies to personal accounts only. APY may change before or after the account is opened. No minimum deposit to open.for your savings, we can help you find an account that fits your goals.

    Our Products

    • Checking Account

      Checking Account

      Enjoy cash back for spending and easy access to cash

      Open an Account Online Checking Account

      • 1% cash back on up to $3,000 in monthly debit card purchases

        SeeDeposit Account Agreementfor details on transaction eligibility, limitations and terms.

      • Free checking: No monthly fees and no minimum balance
      • Early Pay for access to your paycheck up to two days early with direct deposit

        Early Pay is automatically available to checking, savings (excluding IRA savings) and money market customers who receive qualifying ACH direct deposits. At our discretion, and dependent on the timing of our receipt of the direct deposit instructions, we may make funds from these qualifying direct deposits available to you up to 2 days early. See our Deposit Account Agreement for more information.

      Learn more

    • Online Savings Account

      Online Savings Account

      Save simply with higher interest and clear terms

      Open an Account OaO

      • Interest over 5xthe National Savings Average

        The Annual Percentage Yield (APY) for the Online Savings Account as of XX/XX/XXXX is more than five times the national average APY for interest bearing savings accounts with a balance of $500 as reported by Curinos as of XX/XX/XXXX.National average is based on information regarding the top 50 banks (by deposit size) and may not include information from variations in regional pricing at such banks or information from products that may not be widely available to their customers. Rates were obtained from Curinos, who relies on the data from the banks it tracks and such information cannot be guaranteed. APYs are subject to change at any time.

      • No minimumbalance requirement
      • No monthly feesor hidden penalties

      Learn more

    • Money Market Account

      Money Market Account

      Earn higher interest with easy access to cash

      Open an Account Online Money Market Account

      • X.XX% APY

        Annual Percentage Yield (APY) is accurate as of XX/XX/XXXX for Money Market Account balances under $100,000 and subject to change daily without notice before or after the account is opened. Applies to personal accounts only. No minimum deposit required to open an account.

        for balances under $100,000
      • X.XX% APY

        Annual Percentage Yield (APY) is accurate as of XX/XX/XXXX for Money Market Account balances of $100,000 or more, on the entire balance in your Money Market Account, and subject to change daily without notice before or after the account is opened. Applies to personal accounts only. No minimum deposit required to open an account.

        for balances $100,000 and over
      • Easy cash accessvia ATM, debit or check

      Learn more

    • CD Account

      Certificate of Deposit

      Score guaranteed returns with flexible terms

      Open an Account Online CD Account

      • X.XX% APY

        Annual Percentage Yield (APY) is accurate as of XX/XX/XXXX, is subject to change without notice, and will be determined and fixed for the term at funding. Applies to personal accounts only. A penalty may be charged for early withdrawal. Minimum deposit to open is $2,500.

        for a 12-month term
      • Flexible termsfrom 3 months to 10 years
      • Startsavingwith as little as $2,500

      Learn more

    • Retirement Accounts

      Retirement Accounts

      Secure your tomorrow with smart planning today

      • No account fees

        We don’t charge any incoming or outgoing wire service charge fees for IRA products.

      • Choose fromRoth or Traditional IRAs
      • Step-by-step helpavailable 24/7 by phone

      Learn more

    • Find the right account for you

    Find the right account for you

    Online Bank from Discover | Open an Online Bank Account Today (4)

    No banking fees, no surprises

    We're an online bank that says goodbye to gimmicks, gotchas, and fees.

    No. Fees. Period.

    Outgoing wire transfers are subject to a service charge. You may be charged a fee by a non-Discover ATM if it is not part of the 60,000+ ATMs in our no-fee network. A penalty may be charged for early withdrawal from a CD account or IRA CD account.

    • No monthly fees on any account.
    • No insufficient funds or overdraft fees.

      For Discover Bank Cashback Debit, Online Savings and Money Market Accounts.

    Get help choosing a bank account

    All the important banking perks

    Simple terms? Check. What about outstanding rewards and excellent service? Yeah, we have that too.

    1% Cash Backon up to $3,000 in debit card purchases each month

    SeeDeposit Account Agreementfor details on transaction eligibility, limitations and terms.

    Checking Account

    X.XX% APY

    Annual Percentage Yield (APY). Advertised Online Savings Account APY is accurate as of XX/XX/XXXX. Applies to personal accounts only. APY may change before or after the account is opened. No minimum deposit to open.

    watch your money grow

    Online Savings Account

    X.XX% APY

    Annual Percentage Yield (APY) is accurate as of XX/XX/XXXX, is subject to change without notice, and will be determined and fixed for the term at funding. Applies to personal accounts only. A penalty may be charged for early withdrawal. Minimum deposit to open is $2,500.

    12 monthslock in long-term earnings

    Certificate of Deposit

    Open an Account

    • Checking Account
    • Savings Account
    • Money Market Account
    • CD Account
    • IRA CD Account
    • IRA Savings Account

    Open an Account

    Help me decide

    Previous

    Discover Bank®, NerdWallet's 2024 winner for Best Online Banking Experience

    NerdWallet and the NerdWallet logo are trademarks owned by NerdWallet, Inc. and used with permission.

    “Discover’s high-yield savings account is among the best in its online class.”

    “Discover Bank is an online bank providing one of the most attractive checking account offers in the industry. With it you can earn cash back on debit card purchases, while paying no monthly fees.”

    “Most of the time, Discover Bank is on our list of the best high yield savings accounts and our list of the best money market accounts.”

    "Discover Bank offers a broad range of products, including checking and savings accounts, money market accounts, and CDs with maturity dates between three months and 10 years."

    Next

    Online Bank from Discover | Open an Online Bank Account Today (10)

    Right here when you need us

    See which of over 60,000 no-fee ATMs are at the stores you already frequent.

    Some ATMs have limited hours and/or restricted access. ATM owners may charge a fee at locations outside of our no-fee network.

    If you're charged a fee, please be aware that some ATM operators leave the network without notifying Discover and those ATMs may continue to display as "No Fee" in our locator until it can be updated. If you have any issues using an ATM that's displayed in our locator, or if you believe you've been charged an ATM fee in error, contactus at 1-800-347-7000.

    Make sure your search is spelled correctly. Try adding a city, state, or zip code.

    ATM Finder Close

    ATM Finder

    No-Fee ATMsAll ATMs

      Find some fee-free ATMs near you!

      Update your address or zip code.

      Find ATMs near you!

      Update your address or zip code.

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      Opening a Discover online banking account couldn’t be simpler

      1. Give us a few basics (like address and Social Security Number), and we’ll get the ball rolling.
      2. Make a deposit now or come back and do it later. Whatever works for you.
      3. Check your email for a confirmation, and you’re on your way to making your financial goals a reality.
      • Checking Account
      • Online Savings Account
      • Money Market Account
      • CD Account
      • IRA CD Account
      • IRA Savings Account
      • Help me Decide help me to decide

      Need help?
      We've got your back.

      Our friendly customer service team is available 24/7.

      1 (800) 347-7000 Click here to Call us at

      Modern Money Blog

      prev

      Online Bank from Discover | Open an Online Bank Account Today (11)

      How does interest work on a savings account?

      How does bank interest work, and what are savings account interest rates? This article and video will help set the record straight.

      Online Bank from Discover | Open an Online Bank Account Today (12)

      5 steps to open an online checking account

      What to look for in an online checking account—and how to open one that fits your needs.

      Online Bank from Discover | Open an Online Bank Account Today (13)

      How do bank holidays affect direct deposit and other transactions?

      Learn how to plan around the 11 bank holidays that can delay your banking transactions.

      View all articles

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      Find the right account for you

      Learn about the Discover® App

      Banking features you need

      ';                  var disclaimerContent2= '

      This simulation assumes that you or your spouse participate in a workplace retirement plan. If neither of you do, then your contribution up to the contribution limit is probably fully deductible.

      ';                  $(".cta-quiz .cta-container .disc-content").remove();                  var disclaimerRadio= $("input[name=filing]:checked").attr('id');                  if(disclaimerRadio === 'single' || disclaimerRadio === 'filing-separately'){                        $(".filter-variation").each(function(){                              if(!$(this).hasClass('hide')){                                    if($(this).html().indexOf('partial') >= 0 || $(this).html().indexOf('Typically') >= 0){                                          flagVal= "true";                                    }                                    if(flagVal == 'true'){                                          if(disclaimerRadio === 'single'){                                                $(".cta-quiz .cta-container").append(disclaimerContent1);                                          }else{                                                $(".cta-quiz .cta-container").append(disclaimerContent2);                                          }                                    }                              }                        });                  }            });            $('.cta-quiz .prev, .cta-quiz .nav-link.start-over, .cta-quiz .nav-link.start').on('click', function(e) {                  $(".cta-quiz .cta-container .disc-content").remove();            });      }});

      ");}else if($(".fdic-cpy-blu-2").length > 0){      $(".new-banner-wrapper .banner-content .right-content .banner-content-wrap").append("

      Your deposits are FDIC-insured up to the maximum amount allowed by law**

      ");}else if($(".fdic-cpy-blu-3").length > 0){      $(".new-banner-wrapper .banner-content .right-content .banner-content-wrap").append("

      Your deposits are FDIC-insured up to the maximum amount allowed by law***

      ");}}
      Online Bank from Discover | Open an Online Bank Account Today (2024)

      FAQs

      Can I open a bank account online same day? ›

      Generally, yes. You can open a checking account online in just a few minutes with an online bank or credit union or with traditional banks and credit unions that offer online banking and checking accounts. The funds in your new account may take a few days to process, though.

      Can you open Discover Bank account online? ›

      Opening a Discover online banking account couldn't be simpler. Give us a few basics (like address and Social Security Number), and we'll get the ball rolling. Make a deposit now or come back and do it later. Whatever works for you.

      How can I open a bank account online instantly? ›

      Your instant Savings Account or Salary Account is fully functional in 4 easy steps:
      1. Enter your details using Aadhaar.
      2. Validate your details using OTP.
      3. Enter other account related information.
      4. Complete your Video KYC.

      What is the easiest online bank account to get? ›

      What are some of the easiest bank accounts to open online?
      5 easiest bank accounts to open online
      BankAccountUse of ChexSystems
      ChimeChime Online Checking AccountNo ChexSystems
      DiscoverDiscover Cashback DebitChexSystems pulled
      SoFi Bank, N.A. (Member FDIC)SoFi Checking and SavingsChexSystems pulled
      2 more rows
      6 days ago

      Which bank open account in one day? ›

      HDFC Bank strives to enhance its customer experience by offering safe and convenient digital services, and InstaAccount is yet another offering to live up to this promise. With HDFC Bank InstaAccount open a Savings Account instantly in a few simple steps.

      Which bank opens account fastest? ›

      Summary: Easiest Bank Accounts To Open in 2024
      AccountApproximate time to complete application
      SoFi Checking and Savings Account: Best for Member Perks1 to 3 minutes
      Varo Bank Account: Best for Cash Advances2 to 3 minutes
      Wise: Best for Non-Residents1 to 3 minutes
      Chime® Checking Account: Best for Bad Credit3 to 4 minutes
      4 more rows
      Jul 22, 2024

      Can you open Discovery bank account online? ›

      To apply for any Discovery Bank product, download the Discovery Bank app and open your account in under five minutes. You can also leave your details on the Discovery website and we'll call you back.

      How to open a bank account online without going to the bank? ›

      Once you have that ready, here's how to open a bank account online:
      1. Go to the bank's website. Stay safe! ...
      2. Choose the type of account you want. ...
      3. Fill out an application. ...
      4. Agree to let the bank collect some information. ...
      5. Check the approval process. ...
      6. Make your first deposit.

      What bank allows you to open an account online? ›

      Open a TD Checking Account online in minutes—it's easy and secure. With accounts built for every stage of life, you'll get free Online Banking, Mobile Banking, no fees at TD ATMs, plus overdraft options to help you avoid fees.

      Can I open a bank account online without going into a branch? ›

      Traditionally, to open an account, you needed to visit a branch, fill out a form and provide all the necessary paperwork. But opening a bank account online lets you skip straight over all the fuss and hassles, with banking that's ready when you are.

      How fast can you open a bank account online? ›

      If you're opening an account online, the application process takes less than five minutes.

      Which bank provides instant virtual debit cards? ›

      Virtual Debit Card - SBI, PNB, HDFC, and ICICI Banks. Virtual debit cards are an innovative form of card which allows for all kind of card based transactions which is to be completed online.

      Which bank offers to open account online? ›

      The online Savings Account opening process is simple and easy. Click here to begin your online bank account opening process, right from the comfort of your home. At HDFC Bank, you can also opt for the Video KYC (Know Your Customer) facility to avoid an in-person visit to the bank branch.

      Can I open a bank account 100% online? ›

      Yes, this step is also very easy and saves a lot of time. For opening Savings Account online, all you need is a mobile number for initiating the process. One just needs to submit the application and attach documents online instead of going to the bank yourself.

      What is the most trusted online bank? ›

      Our top three picks for the best online banks are SoFi Bank, Discover Bank and Ally Bank. To help you choose, we at the MarketWatch Guides team reviewed 154 banks and credit unions, 43 of which are online financial institutions.

      How many days does it take to open a bank account online? ›

      Processing your application and issuing your account number could take a day or two. Opening a bank account online can be the easiest way to do so but it isn't likely to be the fastest. If you'd prefer to open an account in person, the process may take much longer (i.e. 30 minutes to an hour or more).

      Can I open a bank account online without visiting a branch? ›

      Yes, this step is also very easy and saves a lot of time. For opening Savings Account online, all you need is a mobile number for initiating the process. One just needs to submit the application and attach documents online instead of going to the bank yourself.

      References

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