Recently opened a Discover online savings account to try and collect the $200 sign up bonus. According to the fine print, the only requirement is to deposit $25,000 into the account within the first 30 days of the account being open. I deposited $15,000 the first week that I had the account open, and then withdrew all of it a few days later with the expectation that I would deposit another $10,000 later this month and collect the full $200.

Despite what the fine print says, I just got off the phone with a CS rep who said that they were told by their supervisor that the deposited money has to remain in the account until the bonus credits to the account in order to receive the bonus. This blatantly contradicts the terms and conditions, so I was hoping to get some clarity from this sub. This question seems to have been asked on reddit in the past, but with a lack of clear answers and bank policies change over time anyway.

Thank you!

Edit: Made two more separate calls to Discover CS and both reps told me that I'm good and I'll receive the $25,000. Seems likely that the first was mistaken.

Hi all, first timer opening a HYSA here.

Hypothetically, if I wanted to open a HYSA with Discover to obtain the $200 bonus, how long would I have to keep the funds in there before I can transfer everything out and open a separate HYSA such as Ally?

I know this has been asked but haven't seen any concrete answer, so hoping someone who was in the same situation as me may have an idea. Thanks!

I’ve been looking for places to open up a HYSA and Discover seemed like the best fit out all the banks I researched. I strictly want to use Discover for my HYSA. I plan keeping my checking account with my current bank for the time being.

For the people in a similar boat (or anyone wanting to chime in) : What is your experience like? Any issues or complains? Is there any hassle moving money between banks / accounts?

I want to signup for Discover HYSA. There is a signup bonus, but it seems unclear if I need to keep my deposit for a period of time to get the bonus. Has anyone done this offer? How'd it go?

link - https://www.discover.com/online-banking/savings-lng-04/?TPR=090

Has anyone gotten this offer for $150 if you deposit $15,000 within 45 days and $400 if you deposit $45,000? I’m contemplating the offer but only if I can time it so that I can deposit $15,000 cash I have on hand in another HYS account and then have our direct deposits hit over the next 45 days to get us close to the $45,000 and figure out if I can find some more cash. My only question is - can I deposit and withdraw or does there have to be $45,000 total sitting in there at one time?

I've had a Discover HYSA for a couple years now. I recently saw the "BONUS1500" offer for the Capital One HYSA. I signed up for an account on 5/17/25 and initiated a transfer of $20,000 from my Discover account to my new Capital One account that same day. The transfer shows it was deposited on 5/19/25.

I see the merger completed on 5/18/25. Do you all think I'll be eligible for the $300 bonus since the transfer was from Discover which is no longer an "external bank?"

I opened my account on March 3rd deposited 15,000 then on March 6th deposited 10,000. I received $150 Bonus but was expecting $200. I thought if you deposited 25,000 cumulatively within 30 days you would receive the higher tier bonus 🤷‍♀️ Anyway I left a email inquiry and will wait to hear back. Any similar experiences with this or did I make a mistake?

Offer summary “Open a new Discover Online Savings Account, using offer code GOBP223. Then, deposit at least $15,000 into your account within 30 days to receive a $150 Discover bonus. Or, deposit at least $25,000 within 30 days to receive a $200 Discover bonus”

I know this subreddit is mainly focused on credit cards, but I posted this here since it's from discover. I myself have the discover it credit card, and I realized they have a HYSA with 4.30% APY.

Could anyone recommend it? Or are there better alternatives?

I received an email from discover indicating I can earn up to $200 for depositing $25,000 or $100 for depositing $15,000 into my discover bank account and keeping it there for a length of time. Unfortunately, I don't have the 15 or $25,000 as most of my money is caught up in CDs. I do however have $32,000 in the discover bank account. If I were to transfer $25, 000 out of my discover account to a non-discover account and then transfer it back into my discover account would that meet all of the conditions? In the terms it reads your unable to transfer between discover accounts however it does not indicate if you are able to transfer to a non-discover account and then back.

Hi!

In order to get the Discover Savings account opening bonus of 150$/200$ on a deposit of 15k/25k USD within the first 30 days, What is the minimum holding period of that deposit in the account? Am I allowed to use the funds once the requirement is met?