Who is discover bank

Super savers benefit the most from the bank's money market account. The Discover Bank money market account has check-writing privileges. Discover Bank ranks high in almost all customer experience categories.

Here, you will have access to more than 60, free ATMs nationwide and a mobile app earning positive scores in the App Store and Google Play. The app lets you deposit checks, pay your bills and find out account information without logging in, among other things. None of their credit cards charge an annual fee, making their lucrative rewards programs even more impactful.

It is headquartered in Greenwood, Delaware. Discover has grown to become one of the largest credit card issuers in the country. As a retail bank, it offers CDs, checking and money market accounts and a high-yield savings account.

Matthew Goldberg Twitter Created with Sketch. Matthew Goldberg is a consumer banking reporter at Bankrate. He uses his banking and financial services experience to help readers with personal finance. Nearly his entire career has either been as a reporter or working in financial services, in banking and insurance.

His banking career includes being a banker in New York City. His reporting career includes working as a staff reporter at two daily newspapers. He earned his first newspaper bylines in He chairs the organization's training committee and is on the finance committee.

He has previously served on conference planning committees and has been a Best in Business contest judge for the organization. Read review. Offer rate as of. Minimum deposit. Interest rate. Minimum to avoid fees. Monthly fees. Check writing. Balance to avoid fees. Out of network ATM fee. Has online access.

Bank Reviews Discover Bank. Advertiser disclosure. Why trust us Info-Icon. Definition of terms. A penalty may be charged for early withdrawal. Discover Cashback Debit offers this benefit, along with no monthly balance requirement and access to over 60, fee-free ATMs. However, like some other online banks, it doesn't accept cash deposits.

Check out NerdWallet's best checking accounts. Cashback Debit details from Discover: "ATM transactions, the purchase of money orders or other cash equivalents, cash over portions of point-of-sale transactions, peer-to-peer P2P payments such as Apple Pay Cash , and loan payments or account funding made with your debit card are not eligible for cash back rewards.

See Discover's website for more details. You also can reach the bank through mail and social media. The largest U. Transfers from a linked account that cover your overdrafts are free. Other banks may charge for this service. Note that there is no option to have an overdraft line of credit. Factors we consider, depending on the category, include rates and fees, ATM and branch access, account features and limits, user-facing technology, customer service and innovation.

The stars represent ratings from poor one star to excellent five stars. Ratings are rounded to the nearest half-star. Overall bank rating. APY may change before or after the account is opened. No minimum deposit to open. Outgoing wire transfers are subject to a service charge. If you encounter any issues using the ATMs displayed on this site, please contact us at Zelle enrollment is required with a U.

Message and data charges from your carrier may apply. Transaction limitations may apply. To use Zelle with Discover, an account center registered Discover checking, savings, or money market account is required. Discover and Zelle do not offer a protection program for any authorized payments made with Zelle. Your guide to understanding how a Fed rate cut could impact your mortgage as a homeowner or prospective buyer.

Please consult a financial planner or tax advisor if you have questions. Discover Online Banking Banking on your terms. Checking Account Enjoy cash back for spending and easy access to cash. Online Savings Account Save simply with higher interest and clear terms. No minimum balance requirement No monthly fees or hidden penalties. Money Market Account Earn higher interest with easy access to cash. There are no limits on the number of ATM withdrawals you can make for money market accounts or official checks mailed to you.

If you exceed these transaction limitations during any calendar month, we may refuse to pay each transaction in excess of the limitations. If you exceed these limits on more than an occasional basis, we reserve the right to close your Account. Note: We are currently not enforcing the monthly transaction limit on savings and money market accounts.

Therefore, exceeding these limitations on more than an occasional basis will not result in the closure of your account.

Certificate of Deposit Score guaranteed returns with flexible terms. Retirement Accounts Secure your tomorrow with smart planning today.

Find the right account for you. And yours. All the stuff you want. Whichever online bank account you choose, we keep the terms simple, the rewards high and the service stellar.

Checking Account.