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Reddit
reddit.com › r/discover › discover savings account bonus requirement
r/discover on Reddit: Discover Savings Account Bonus Requirement
October 6, 2023 -

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?

Top answer
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Balance needs to stay at/over the 15k or 25k threshold through 10/30 to get the bonus...at least that's what I read... assuming the funding cut off was 9/30. Should double check the written correspondence you received to know what applies to your situation.
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The terms for me were actually kind of vague: "To get your $150 or $200 Bonus: What to do: Apply for your first Discover Online Savings Account, online, in the Discover App or by phone. Enter Offer Code NW923 when applying. Deposit into your account a total of at least $15,000 to earn a $150 Bonus or deposit a total of at least $25,000 to earn a $200 Bonus. Deposit must be posted to account within 30 days of account open date. Maximum bonus eligibility is $200. What to know: Offer not valid for existing or prior Discover savings customers or existing or prior customers with savings accounts that are co-branded, or affinity accounts provided by Discover. Eligibility is based on primary account owner. Account must be open when bonus is credited. Bonus will be credited to the account within 60 days of the account qualifying for the bonus. Bonus is interest and subject to reporting on Form 1099-INT. Offer ends 12/14/2023, 11:59 PM ET. Offer may be modified or withdrawn without notice." I'm planning to keep the $15,000 in there until I receive the bonus, which I THINK will be at maximum 60 days from when I deposited $15,000. But you are totally right, the terms are not as clear as I've seen on other accounts.
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Discover
discover.com › online banking › high yield online savings account
High Yield Savings Account - No Monthly Fees | Discover
December 10, 2025 - Open a high interest savings account that offers high yield interest rates with no monthly balance requirements or monthly fees.
Discussions

Discover Savings Signup Bonus question
Yes you need to keep it in there for some amount of time. It’s somewhere in the fine print. 45 days or maybe 90 days. I can’t recall exactly. More on reddit.com
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4
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February 22, 2025
Discover Bank Savings: $150/$200 new account bonus - myFICO® Forums - 5182230
I saw this a HustlerMoneyBlog, a site similar to Doctor of Credit, not nearly as good but I check it every so often. Apply for your first Discover Online Savings Account by 04/02/18, online or by phone. Enter Offer Code HMB318 when applying. Deposit into your account a total of at least $15,000 ... More on ficoforums.myfico.com
🌐 ficoforums.myfico.com
October 5, 2018
Experiences with the savings account?
I’ve had Discover savings for over 5 years and never had any issues. I regularly transfer funds between it and my Schwab checking account. More on reddit.com
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34
22
April 26, 2022
Discover online savings account $150/$400 sign up bonus
So, back when I did this offer, it was only $200 for $25k and I'm not sure if they've changed the terms & conditions, but back when I did it, the only requirement was to deposit said amount, and you didn't need to hold the entirety of thy funds through the eligibility period. That was part of what made the Discover savings bonus unique. You could just deposit and withdraw. People even found a way to meet the requirements without technically depositing the full amount at once (look up "cancel trick" ... not sure if it still works). I'd read comments on doctor of credit if I were you, because In not sure how much has changed now that Cap1 took over. More on reddit.com
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July 17, 2025
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Reddit
reddit.com › r/discover › discover savings signup bonus question
r/discover on Reddit: Discover Savings Signup Bonus question
February 22, 2025 -

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

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CreditDonkey
creditdonkey.com › promotions › discover-bank
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dannydealguru.com › home › discover savings bonus, get up to $500 with $50k deposit and 3.60% apy
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