Interested in opening a savings account at Discover Bank? Read this article first.A few weeks ago, I noted that E*TRADE Bank will be moving some customers’ accounts to Discover Bank. The only customers affected by this move are those who do not have brokerage accounts. I have a brokerage account through E*TRADE, so my savings account will not be moved.

Big news for E-Trade customers over the past week, as those who owned a Complete Savings account were notified by email that on March 7, 2010, their account would be transfered to Discover Bank, and become a Discover Online Savings Account.  This announcement follows a number of moves by E-Trade that seem to focus on the institution moving away from the banking vertical and focusing its attention on investment and brokerage solutions.

Consumers Notified of the Change
The email to E-Trade customers read:

Discover Bank is making a substantial effort to assist the victims of Haiti. Discover card holders may donate their cash back to the relief efforts in Haiti and Discover Bank will match every dollar donated.
Since Discover Bank started this support effort they have had plenty of support from card holders. Here is their message to those card holders who’ve donated and to those who are considering:

With 2010 just around the corner, MyBankTracker.com wants to make sure our readers are aware of all the bonus opportunities that are still available. A number of these expire at the end of the year, so make sure to take advantage of these 2009 promotional offers from financial services, when you still can.
Capital One Direct Banking – 10% Bonus on interest earned with your Interest Plus Online Savings account

Discover is offering to double your cashback on purchases with select Discover Rewards cards this holiday season, or double miles with your Dicsover Miles card. You will earn the bonus on any online purchases, as well as purchases at department stores, clothing stores, shoe stores, and jewelry stores.
Discover bank Double Cashback bonus

Double Cashback Bonus