Discover Bank

Discover Bank’s online savings account offering top rate!

Discover Bank High Yield Savings Account is still holding the top rate for online savings accounts and/or money market accounts. Currently if you open this account with Discover Bank you’ll be provided with an APY of 1.35%. To put this in perspective, the national average for these accounts is currently sitting at roughly 0.80% APY. Although this rate is variable (subject to change at anytime) it has remained the same for almost 3 months now.

Top 24-Month CD Rates Fall Below 2.00%

What’s going on with 24-month CD rates? This is the third time in the past six days that we’ve had to re-do our rankings of the best deals that are available nationwide.
August has seen a lot of CD rates slide, but the2-years have been hit the hardest. Only one rate available last Thursday is [...]

Same Banks, Lower Rates On 5-Year CDs

The same banks have led our rankings of the best 5-year CD rates all summer.

Unfortunately, the rates they’re offering today are not the same as the rates they were paying back in June.
Melrose Credit Union, which has a single office in Queens, N.Y., grabbed the lead in mid-June by paying what now seems [...]

12-Month CD Rates Still Top Out At 1.76%

Online banks and that feisty credit union from Queens have come to dominate our rankings of the top 12-month CD rates.
The closest thing to a traditional bank you’ll find is Ascencia. It’s an online division of PBI Bank, which has 17 branches in central Kentucky.
NewDominion has a couple of offices in the Charlotte, N.C. area, [...]

New Bank Grabs Lead In Savings Accounts

Tennessee Commerce Bank has jumped into the top spot in our rankings of the best nationally available savings accounts.
The bank with a single branch in Franklin, Tenn., is paying 1.50% APY on its Classic Savings account with a $250 minimum deposit.
While it’s possible to earn 1.75% APY on the Tennessee Commerce account, [...]

Non-Traditional Banks Top 5-Year CD Rates

Which bank offers the best rate on 5-year CDs?
That depends on your definition of a bank.
If you’re asking about the traditional bank down on the corner, the answer is Stonebridge Bank, which has four branches in Southeast Pennsylvania.
It’s paying 2.80% APY with a $500 minimum deposit.
But that doesn’t top our rankings of the best [...]

Top Savings Account Rate Holds At 1.50%

The best savings accounts are now paying more than the best short-term CDs.
Just take a look at our most recent CD Rates Leaderboard and you’ll see what we mean.
Of course savings account rates are variable. They can go down.
But your money is never locked up. You can always move it to a more lucrative [...]

The Best Online Savings Accounts, August 2010

There are two main criteria I use to determine the best online savings account and to choose where to put my money when it comes to short-term savings: interest rates and customer service. Interest rates are important because I don’t want my money to lose purchasing power. I’m looking to beat inflation, and many banks do not offering a savings option with high enough interest rates.

Discover Credit Card holders could win up to $1 million!

Attention Discover credit card holders: Discover Bank is now giving away $1 million in cash (grand prize) along with 75 daily prizes ranging from $25 to $500 gift cards. Every Discover credit card holder is eligible to win!
Discover Bank’s message to their card holders revealing this giveaway:

Discover Bank Savings Account and CD Review - Available Nationwide

http://www.depositaccounts.com –

Discover Bank continues to offer competitive rates on its savings account, CDs and IRA CDs. For those who might have been unsatisfied with Discover Bank in previous years, you may want to try them again.

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