Interested in opening a Discover® Online Savings Account? Find the latest Discover Savings bonus, offer codes, promo codes, and promotion here! Member FDIC.

Available nationwide, the Discover Online Savings Account that offers to kick-start your savings with a $200 or $150 bonus along with 3.70% APY – one of the highest rates online! See advertiser website for full details on the promotion terms to earn your Discover Savings Bonus!

Discover Bank is FDIC-insured. Enjoy online convenience and high interest yields while receiving a safe and secure way to save money each month.

Discover Savings Summary

Open a Discover® Online Savings Account for all these features: • Earn $200/$150 Bonus with promo code LOP325 by 9/11/2025 • Earn high interest rate of 3.70% APY • No minimum opening deposit, no minimum balance requirement, and now no fees • Interest on Discover Online Savings Accounts is compounded daily and credited monthly • Manage your account online or with the Discover mobile app • FDIC insurance up to $250,000 • See advertiser website for full details To qualify for Bonus: Apply for your first Discover Online Savings Account, enter Offer Code LOP325 at application, 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. Qualifying deposit(s) may consist of multiple deposits and must post to Account within 45 days of account open date. Maximum bonus eligibility is $200. Apply Now at Discover What to know: Offer not valid for existing or prior Discover savings customers. 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 qualifying for the bonus. Bonus is subject to tax reporting. Offer ends 09/11/2025, 11:59 PM ET. Offer may be modified or withdrawn without notice. Due to new customer funding limits, you may wish to initiate fund transfers at your other institution. For information on funding, see FAQs on Discover.com/Bank.

Discover Savings Information

How To Earn Discover Savings Bonus

*See advertiser website for full details.*

Earn a $200 or $150 bonus coupon code

To qualify for Bonus: Apply for your first Discover Online Savings Account, enter Offer Code LOP325 at application, 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. Qualifying deposit(s) may consist of multiple deposits and must post to Account within 45 days of account open date. Maximum bonus eligibility is $200.

How To Earn $150 Bonus

• Must be a new Discover Bank Online Savings Account customer
• Apply for your first Discover Online Savings Account through HustlerMoneyBlog.com by 9/11/2025 using offer code LOP325
• Fund your first savings account with a minimum deposit of $15,000 within 45 days of account open date.
• Finally, verify information and electronically sign your application. They may ask your to verify some information on your credit report such as old addresses or loans.
• As a result, you’ll earn your $150 Discover Savings Bonus!

How To Earn $200 Bonus

• Must be a new Discover Bank Online Savings Account customer
• Apply for your first Discover Online Savings Account through HustlerMoneyBlog.com by 9/11/2025 using offer code LOP325
• Fund your first savings account with a minimum deposit of $25,000 within 45 days of account open date.
• Finally, verify information and electronically sign your application. They may ask your to verify some information on your credit report such as old addresses or loans.
• As a result, you’ll earn your $200 Discover Savings Bonus!

Account Features

• No minimum opening deposit.
• No minimum balance requirement.
• Interest is compounded daily and credited monthly.
• Now with no fees.
• Auto Savers plan which automatically transfers money from your personal checking account into your savings account each month.
• FDIC insurance up to $250,000.
• Manage your account online or with the Discover mobile banking apps. Features include checking your savings account balance, viewing recent activity, viewing earned interest, and the ability to make and set up transfers, and works on the Android, iPhone, and Blackberry devices.

Fine Print

What to know: Offer not valid for existing or prior Discover savings customers. 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 qualifying for the bonus. Bonus is subject to tax reporting. Offer ends 09/11/2025, 11:59 PM ET. Offer may be modified or withdrawn without notice. Due to new customer funding limits, you may wish to initiate fund transfers at your other institution. For information on funding, see FAQs on Discover.com/Bank.

Are My Deposits Safe?

Yes, Discover Bank is a member of the FDIC. FDIC deposit insurance is $250,000 per depositor, per deposit ownership category.

The FDIC provides separate insurance coverage for funds that depositors may have in different categories of legal ownership. The FDIC refers to these different categories as ownership categories.

About Discover Bank

Discover strives to be the leading digital bank and payments services company.

Their mission is to help people spend smarter, manage debt better, and save more to achieve a brighter financial future.

Bottom Line

If you’re on the search for an account that offers a highly competitive annual percentage yield (APY) rates on your funds, and low fees, then you’re definitely looking at the right spot.

To conclude, the Discover Savings Account is the right fit for you if you’re looking for all three in one account.

See our full list of Bank Rates for all the best online banks plus more Discover Bank promotions! For more, see our list of the latest bank bonuses.