Discover
discover.com › online banking › certificate of deposit
Certificate of Deposit | High Yield CD Rates | Discover
Find a high yield CD account from Discover. Compare online CD rates and choose the best CD term to reach your financial goals. Open a CD online today.
NerdWallet
nerdwallet.com › banking › learn › discover-bank-cd-rates
Discover Bank CD Rates: Solid But Not Highest - NerdWallet
September 16, 2019 - NerdWallet's take: Discover® Bank’s CD rates don’t lead the pack of online banks with high-yield CDs, but yields are solid or moderately competitive across a larger range of terms than most banks offer.
Discover CD is advertising 5.1% but it turns out is much less. Is this illegal?
No. Interest is usually calculated and shown on an annual basis. The rate and term are disclosed. They even show you on their website how much interest you would earn. Interest is calculated daily and compounded. You earn the rate you are promised. Not illegal and not misleading. More on reddit.com
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April 16, 2024Best cd rates 12 month right now, where to actually get decent returns?
Check out the rankings on nerdwallet and the like and scroll past the promo crap to get to the list. A lot of the top rates are with credit unions and many have an online presence under different names - we opened a 12-mo CD with HUSTL Financial (awful name but it’s just some credit union in Arizona) and it’s been fine - I see they list a rate of 4.1 rn. Wherever you go confirm the FDIC insurance More on reddit.com
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October 14, 2025What’s the best CD rate out there right now
Ask Google. It varies from bank to bank and based on the length of the CD. More on reddit.com
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May 22, 2025High-yield savings vs. High-yield CD
I see you are also with Marcus. Just depends on how much liquidity you want and how much is in there. Saving for a house in 2 years? go ahead and put all but an emergency fund in the CD. Only have an emergency fund in there? Keep is in HYSA. More on reddit.com
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January 22, 2025What are the CD rates at Discover Bank?
Discover CD rates range from 2.00% to 4.00% APY, with shorter-term CDs generally having higher rates. The rates are more competitive than average CD rates.
businessinsider.com
businessinsider.com › personal finance › banking › certificates of deposit › discover cd rates: pros, cons, and current rates
Discover CD Rates: Pros, Cons, and Current Rates
Are Discover Bank CD rates higher than other bank CDs?
You’ll likely find higher rates at Discover Bank than you would at larger national banks with branches. Typically, online banks offer higher rates because they lack the overhead costs associated with maintaining physical locations.
forbes.com
forbes.com › advisor › banking › cds › discover-bank-cd-rates
Discover Bank CD Rates – Forbes Advisor
Is there a minimum deposit required to open a Discover CD?
Discover does not enforce a minimum deposit to open a CD.
fortune.com
fortune.com › article › discover-cd-rates
How to get the highest APY from Discover CD rates in 2026 | Fortune
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Discover
discover.com › online banking › individual retirement accounts
Retirement Accounts | Discover
Learn more about our Online Savings Account and Certificate of Deposit—both with no feesA penalty may be charged for early withdrawal from a CD. and no minimum opening deposit. Earn interest over 5XThe Annual Percentage Yield (APY) for the Online Savings Account as of XX/XX/XXXX is more than ...
Fortune
fortune.com › article › discover-cd-rates
How to get the highest APY from Discover CD rates in 2026 | Fortune
December 12, 2025 - All of its banking products are almost fee-free—including its best certificates of deposit, which deliver hyper competitive annual percentage yields (APY). With Discover CDs, you won’t pay monthly fees and you won’t be subject to minimum deposit amounts. You’ll only be dinged for touching your money before your account matures. Here’s everything you need to know about earning interest with Discover CDs. All rates and fees are current as of Dec.
Yahoo! Finance
finance.yahoo.com › personal finance › banking
Best CD rates today, January 16, 2026 (up to 4% APY return)
1 day ago - Even so, some banks are still offering competitive CD rates. For those that are, top rates reach about 4% APY. This is especially true for shorter terms of one year or less. Today, the highest CD rate is 4% APY.
Forbes Advisor
forbes.com › advisor › banking › cds › discover-bank-cd-rates
Discover Bank CD Rates – Forbes Advisor
2 weeks ago - Discover® Certificates of Deposit offer competitive rates, with annual percentage yields (APY) between 2.00% to 4.05%. Available terms range from three months to 10 years, and there’s no minimum deposit required to open an account.
Bankrate
bankrate.com › banking › cds
Discover Bank CD Interest Rates | Bankrate
September 1, 2025 - Competitive rates: Yields are significantly above the national averages. Wide range of terms: You get 12 different options to choose among, from 3 months to 10 years. FDIC insurance: Deposits are federally insured up to $250,000 per depositor, per account. Online account management: Easily ...
NerdWallet
nerdwallet.com › article › banking › discover-bank-cd-rates
Discover Bank CD Rates 2025: Solid But Not Highest
September 16, 2019 - NerdWallet's take: Discover® Bank’s CD rates don’t lead the pack of online banks with high-yield CDs, but yields are solid or moderately competitive across a larger range of terms than most banks offer.
SmartAsset
smartasset.com › checking-account › cd-rates-discover
Discover CD Rates | SmartAsset.com
December 11, 2025 - There is no minimum deposit to open a Discover CD account. This account does yield larger earnings over time, especially with Discover’s strong CD interest rates.
Business Insider
businessinsider.com › personal finance › banking › certificates of deposit › discover cd rates: pros, cons, and current rates
Discover CD Rates: Pros, Cons, and Current Rates
May 8, 2025 - Discover CD rates range from 2.00% to 4.00% APY, with shorter-term CDs generally having higher rates.
Finder
finder.com › www.finder.com › bank accounts › discover › discover bank cd rates review
Discover Bank CD rates review: Up to 5.00% | finder.com
Discover Bank CD Rates Review
If you’re not sure about committing to a CD, Discover’s high-yield savings account may be a better fit since it offers more liquidity and still lets you earn decent interest. <p>Discover Bank offers online-only products, including certificates of deposit (CDs) with terms that range from three months to 10 years. What makes Discover Bank’s CD account stand out the most from competitors is the fact that it doesn’t have any minimum deposit requirements. Compared to other banks that often require you to deposit $1,000+ to earn interest, Discover’s CDs are a more accessible option for those who are
Taxfyle
taxfyle.com › blog › discover-high-yield-savings
Discover High Yield Savings: Pros, Cons, and Alternatives | Taxfyle
June 28, 2024 - The flexibility and accessibility of funds, coupled with FDIC insurance, make them a reliable choice for those who want to maintain liquidity while earning a competitive interest rate. These accounts, including the Discover high-yield savings account, are particularly valuable for their minimal fees and potential for higher interest earnings without the restrictions of accounts like certificates of deposit (CDs) or money market accounts.
CNBC
cnbc.com › cnbc select › banking › 13 best cd rates of january 2026: earn up to 4.10% apy
13 best CD rates of January 2026: Earn up to 4.10% APY
2 days ago - Traditional CD: A standard CD with a fixed interest rate and a set term. You agree to leave your money untouched until maturity to avoid early withdrawal penalties. High-yield CD: A CD offering a higher-than-average return.
Discover
discover.com
Discover - Personal Banking, Credit Cards & Loans
Open a high-interest, no-monthly fee online savings account. Learn more about online savings or see how a savings account calculator can help you reach your financial goals. Learn more about how CDs grow savings safely, or open a CD account today and lock in a great rate with terms ranging from 3 months to 10 years.
Discover
discover.com › home › 4 benefits of a certificate of deposit (cd)
4 benefits of certificate of deposits (CD) | Discover
December 3, 2025 - A 5-year CD with a 2.00% APY (annual percentage yield) will earn that rate for the entire term, regardless of any interest rate increases or decreases during the time you have the CD.
Discover
discover.com › home › what is a high-yield savings account?
What is a high-yield savings account? Start here | Discover
November 24, 2025 - So just what is a high-yield savings account? It’s a bank account with a higher interest rate than the national average.
SmartAsset
smartasset.com › checking-account › discover-bank-banking-review
Discover Bank Review | SmartAsset.com
November 4, 2025 - Discover’s savings, CD, and money market accounts all carry competitive interest rates which can help you save more. Plus, only the money market account earns according to balance tiers, allowing all customers to take advantage of the high interest rates.
Discover
discover.com › home › certificate of deposit vs. savings account: which is right for you?
Certificates of deposit vs. savings accounts | Discover
October 24, 2025 - Often, CDs pay higher interest rates than savings accounts, Bessette says. If you want higher rates but don’t want to face the risks inherent in the stock market or with other assets, a CD ladder strategy is worth considering. Some high-yield savings accounts do offer rates that can compete ...
The Motley Fool
fool.com › motley fool money › banks › cds › best cd rates
Discover® Bank CD Rates: Terms, APYs, and Alternatives
October 23, 2025 - We’ve rounded up our favorite CD accounts based on APY, bank reliability, and fees. Find the right one, lock in your rate, and start earning today. ... We evaluate all banking institutions across the same 4 key criteria: annual percentage yield (APY), brand reputation, fees and minimum requirements, and additional perks · Our bank ratings are never influenced by our advertising partners · We strictly feature products that offer federal insurance and high customer satisfaction, keeping our recommendations unbiased
Reddit
reddit.com › r/legaladvice › discover cd is advertising 5.1% but it turns out is much less. is this illegal?
r/legaladvice on Reddit: Discover CD is advertising 5.1% but it turns out is much less. Is this illegal?
April 16, 2024 -
I'm looking for methods to save my money in lower risk cd's, and got an advertisement from Discover for 5.1%. My English isn't as strong as my math skills, and I didn't understand what APY meant. If APY is 5.1% on a 9 month term, the actual payout is 3.8% - which is even less than their high yield savings account.
Shouldn't this be false advertising and illegal? It's extremely deceptive and has turned me off from Discover forever. They're trying to push me in to a CD product that they can pay out less, by advertising a higher payout over 12 months that they are only paying in 9 months.
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No. Interest is usually calculated and shown on an annual basis. The rate and term are disclosed. They even show you on their website how much interest you would earn. Interest is calculated daily and compounded. You earn the rate you are promised. Not illegal and not misleading.
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Not illegal you need to take some financial literacy classes.