Discover
discover.com › online banking › money market account
Money Market Account | Discover
You can continue enjoying your existing Money Market Account benefits and log in to manage your account. For questions, check out our FAQs below or give us a call at 1-800-347-7000. 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 five times the national average APY for interest bearing savings accounts with a balance of $500 as reported by Curinos as of XX/XX/XXXX.
Yahoo! Finance
finance.yahoo.com › personal finance › banking
4 money market accounts with interest rates of 4% APY and higher (updated weekly)
3 days ago - While there is no minimum to get started, this account must be funded within 30 days of opening. ... Discover Bank’s money market account currently offers 3.3% APY for balances under $100,000 and 3.35% APY for balances of $100,000 and over.
Money market vs Checking/Saving
Money Market Accounts, like Savings Accounts, have limits on the number of withdrawals you can make. I have a Discover Savings account and it says my limit for the account is 6 withdrawals per month. Whether they are in forcing a penalty for giving over 6 I don’t know because I haven’t done it. This is from Discover’s site: How long will I be able to make an unlimited number of withdrawals and transfers in a single month from my Online Savings/Statement Savings/IRA Savings/Money Market Account? At this time, there is no set timeframe on if/when we will start enforcing transaction limits again on the number of certain types of withdrawals and transfers per month on savings and money market accounts. However, we will let you know if/when we will begin enforcing the limit again. Link to Discover’s site. More on reddit.com
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November 20, 2023Is there objectively a better checking account that Discover?
Fidelity’s Cash Management Account (CMA) free checks ATM fee reimbursement US and international 2.72% on deposits the option of placing your cash into a money market fund like SPAXX (Fidelity Government Money Market Fund) which is paying 4.97%. Fidelity will automatically liquidate from the MMF so you do not need to sell your position in the fund before making transactions like ATM withdrawals. More on reddit.com
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February 17, 2024Money Market vs Savings
Just opened a discover hysa! Been a credit card customer for like 10 years. So far the hysa is pretty easy to use, the app layout is slightly different for a savings account than a credit card so it’s taken me a bit to get used to. Other than that, my only other downside is the length of time for them to process a transfer or deposit. It does take the full 5-7 business days (of whatever their processing time is) which is annoying, but I immediately see the transfer listed as pending so I know it’s in the works. More on reddit.com
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November 1, 2023Discover banking? Opinions?
I have checking and savings with them. Very good US based customer service if you need to call in for anything. Free checks is nice. I would say they are one of the better banks I’ve used. More on reddit.com
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June 8, 2023Are money market rates fixed?
Most money market rates are variable, not fixed. That means the rate and APY you receive can rise or fall as market conditions change. A fixed introductory APY is the exception. During the promotional period, the fixed yield gives you a certain APY for a specific period of time. You might lose the fixed yield, however, if you don’t follow certain rules. An introductory rate may also require a deposit made with new money, which usually must come from outside the bank.
bankrate.com
bankrate.com › banking › money market
Best Money Market Account Rates Of January 2026 - Up to 4.10% | ...
How do I add cash to my Discover checking or money market account?
It’s easy! Simply bring your contactless Discover debit card and cash to any Walmart and ask the Walmart customer service desk or cashier to add the cash directly to your Discover bank account.
You’ll swipe or insert your card, hand your money to the cashier, and they will provide a receipt. The Add Cash transaction will generally be posted to your Discover bank account on the same day.
Please refer to Walmart's store finder for store locations and hours of operation.
discover.com
discover.com › online-banking › faq › money-market
Money Market Account FAQs | Discover
What is a money market account?
A money market account is a type of savings account offered by banks and credit unions that typically pays a higher interest rate than regular savings accounts. There are sometimes limits on the number of certain withdrawals or transfers you can make each month.
bankrate.com
bankrate.com › banking › money market
Best Money Market Account Rates Of January 2026 - Up to 4.10% | ...
Discover
discover.com › online banking › high yield online savings account
High Yield Savings Account - No Monthly Fees | Discover
December 10, 2025 - This calculator uses an Annual Percentage Yield (APY) that is rounded to the nearest one-hundredth of one percentage point, e.g., .01%. However, actual interest earned calculations use an APY that is rounded to the nearest one-thousandth of ...
Discover
discover.com › home › 5 benefits of an online savings account
5 benefits of an online savings account
1 week ago - Money Market Account · Certificate of Deposit · IRA Certificate of Deposit · IRA Savings Account · Start saving with a convenient, high-yield account designed to keep fees low. January 6, 2026 · Dan Stous works in financial planning and wealth management. Online savings accounts initially came on his radar when he saw their interest rates steadily rise.
Discover
discover.com › online-banking › faq › money-market
Money Market Account FAQs | Discover
Discover answers to your Money Market Account questions with our comprehensive FAQs. Learn about making deposits, minimum balance, account fees, and more.
Bankrate
bankrate.com › banking › money market
Best Money Market Account Rates Of January 2026 - Up to 4.10% | Bankrate
2 days ago - Discover a wide range of competitive money market rates and other savings options from Bankrate. Compare and open one today to maximize your savings potential.
NerdWallet
nerdwallet.com › home › banking › best › best money market accounts for 2026: up to 4.10%
6 Best Money Market Accounts for 2026: Up to 4.10% - NerdWallet
1 week ago - The average money market rate is around half a percent, but you can do better. Let’s say you put $10,000 in an account that earns a 0.50% APY. After a year, your balance would grow by $50.
Discover
discover.com › home › money market account vs. checking account: which is best for you?
Money market account vs. checking: Which is best? | Discover
1 month ago - “A money market account is an interest-bearing bank account that typically has a higher interest rate than a checking account,” says Bola Sokunbi, founder of a personal finance education website.
Discover
discover.com › home › 7 types of savings accounts you should know
Learn the different types of savings accounts | Discover
December 15, 2025 - Money market accounts are great for stashing money so it can grow over time while still providing access to the funds. They may be FDIC insured. You have easy access to your money when you need it. They can offer competitive interest rates, though often not as high as online savings accounts.
GOBankingRates
gobankingrates.com › money market account › discover money market interest rates: september 2024
Discover Money Market Interest Rates: September 2024
September 23, 2024 - Discover’s Money Market account interest rates are much higher than the national average of 0.64%. Even though rates are excellent, you can still find higher rates at other banks.
Discover
discover.com › home › what is the difference between apr and apy?
APR vs APY: What’s the Difference? | Discover
December 15, 2025 - Say you’re comparing two lenders that both offer $1,000 loans with a 10.00% interest rate. Lender A charges a $50 fee and adds it to your loan’s balance. Lender B does not. If you compare the APRs, Lender B will likely have the lower APR.
Fortbraggfcu
fortbraggfcu.org
Fort Bragg Federal Credit Union | Your Financial Partner
Do you want to earn a higher interest rate on your money? With our Money Market Account, you can earn 3.00% APY with an Average Daily Balance between $5,000 and $250,000, that’s way better than your average savings account, and your funds are accessible whenever you need them.
Business Insider
businessinsider.com › personal finance › banking › savings › discover savings account rates
Discover Savings Account Rates
May 8, 2025 - Discover CD rates pay 2.00% to 4.00% APY for terms between 3 months and 10 years. The Discover® Money Market Account pays 3.50% to 3.55% APY, and the interest rate depends on your account balance.
Fortune
fortune.com › article › discover-bank-review
Discover Bank review: Everything you need to know in 2026 | Fortune
November 17, 2025 - Interest rates range from 7.99% to 24.99% as of this writing · Financial education: Discover Bank publishes a Modern Money blog, which provides education and guidance on everything from saving, budgeting, and family finances to retirement and ...
Discover
discover.com › home › how does interest work on a savings account?
How does interest work on a savings account? | Discover
If the account has a 1.00% interest rate and the interest compounds annually—that is, the bank pays you interest on your balance once each year—you’ll earn $50 after the first year.
Published December 3, 2025
Bankrate
bankrate.com › banking › savings
Discover Bank Savings Account Interest Rate | Bankrate
July 9, 2024 - Discover’s high-yield savings ... higher rates can be found at other online banks. Learn more: Bankrate’s best high-yield savings accounts · Discover also offers a money market account and a broad range of certificates of deposit (CDs), if you’re looking for other options for your savings. The money market account pays a slightly lower interest rate than ...
Deposit Accounts
depositaccounts.com › home › banks › discover®
Discover Bank Reviews | Best Discover Bank Rates
Sorry, we do not have rate data for Discover®. ... Discover® is an Internet only bank and does not have branch locations. Its headquarters is located at 502 E. Market St.
Address 502 E. Market St., 19950, Greenwood
SmartAsset
smartasset.com › checking-account › discover-bank-banking-review
Discover Bank Review | SmartAsset.com
November 4, 2025 - This post may contain links from advertisers, and we may receive compensation for marketing their products or services or if users' purchase products or services. | Marketing Disclosure ... Discover® offers some of the highest interest rates on bank accounts in the industry. Its savings accounts, money market accounts and certificates of deposit all earn at rates well above the national average.
Discover
discover.com › home › money market account vs. savings account: which is best for you?
Money market account vs. saving: Which is best? | Discover
November 3, 2025 - If you’re liking the ability to swipe a debit card and write checks—but are also looking to earn interest on the cash you’re parking in the account—then a money market account could be for you. “A money market account may offer you the higher interest rates you would get in a savings account, plus the debit card and check-writing abilities of a traditional checking account,” Conroy explains.
Reddit
reddit.com › r/discover › money market vs checking/saving
r/discover on Reddit: Money market vs Checking/Saving
November 20, 2023 -
I recently came to know about the money market account offered by discover and got curious about its benefits.
My understanding so far is that money market account has combined benefits of Checking+Savings (4.35%) account, however with a little lesser APY (4.2%).
Now what I’m wondering is if I let go of the additional savings from savings account, can I then use money market alone instead of Checking+Savings account?
I’m sure I might be missing something here. Please enlighten me..
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Money Market Accounts, like Savings Accounts, have limits on the number of withdrawals you can make. I have a Discover Savings account and it says my limit for the account is 6 withdrawals per month. Whether they are in forcing a penalty for giving over 6 I don’t know because I haven’t done it. This is from Discover’s site: How long will I be able to make an unlimited number of withdrawals and transfers in a single month from my Online Savings/Statement Savings/IRA Savings/Money Market Account? At this time, there is no set timeframe on if/when we will start enforcing transaction limits again on the number of certain types of withdrawals and transfers per month on savings and money market accounts. However, we will let you know if/when we will begin enforcing the limit again. Link to Discover’s site.
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I use my checking account as the landing zone for paychecks. From there, I leave any money that I know will be used for small, one-off expenses in the checking, and anything else gets transferred to the money market to pay monthly expenses in under 6 transactions (rent, utilities, credit card). All leftover gets transferred to the savings account. I have a very hands-on approach with my finances, so I try to make my money work for me as best I can.