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. So if you’re in the market for a decent savings account and want to have easy access to your money, then you may want to look into this offer by Discover Bank.
Discover Bank Money Market Account Quick Facts and Features:
- Fast and Free Online Money Transfers
- 24/7 Customer Service
- Highest Yield on the Market!
- FDIC insurance up to $250,000
Terms and Conditions:
Assumes principal and interest remain on deposit and interest rate does not change for the selected time period.
- You may make up to six preauthorized transfers from your Online Savings Account per statement cycle, including automatic and telephone transfers.
- Annual Percentage Yield (APY). APY applies to personal accounts only. Online Savings Account rate based on a $500 minimum balance. Rate may change after account is opened. Fees could reduce earnings on the account. Advertised rate is valid as of 08/31/2010 and subject to change daily without notice.
Related Posts
