Discover Bank offers many services including bank accounts, credit cards, home loans, and personal loans. For banking, you'll be able to get an online-only checking account, high-yield savings account, money market account, or CDs.

The pros of banking with Discover Bank include strong mobile banking, competitive bank interest rates, and minimal common bank fees. The cons of banking with the bank include no physical branch presence, no specialty CDs, and no brokerage accounts.

There are a few fees associated with Discover Bank accounts. If you use an out-of-network ATM, it won't charge you a fee, but it won't reimburse you if the outside provider charges you. it also charges a fee for sending outgoing wire transfers or receiving an international wire transfer in a foreign currency. Discover Bankaccounts do not have monthly service fees and insufficient funds fees.