Discover Bank Bonuses

1. Apply for a Discover Online Savings Account. You can do this online, through the Discover Bank app, or by calling the company at (800) 347-7000. To earn the bonus, make sure to sign up through the above link, or use coupon code GOBP223 if you sign up elsewhere. 
2. Deposit at least $15,000 or $25,000. You won’t need to make this deposit right away, but you’ll need to get it done within 30 days in order to be eligible for a bonus. Deposit $15,000 to earn the $150 bonus, or deposit $25,000 to earn the $200 bonus.
3. Earn your bonus within 60 days. You’ll need to keep your account open until you receive the bonus as a deposit into that account. Other than that, there are no requirements to earn the bonus.  

• The offer is only available to people who have never had a Discover savings account before, including savings accounts that are co-branded and offered through other outlets.
• If you don’t meet the requirements, you may still be eligible for the bonus if you open a joint account with someone who actually does qualify, as long as you list them as the primary account owner. 
• Discover Bank doesn’t charge any fees for its Online Savings Account except for a $30 outgoing wire transfer fee. 
  

Discover Online Banking should be a good fit for those seeking a digital bank that offers a suite of different services. It might be a particularly good fit for those who:

• Prefer paperless, digital transactions
• Hate paying fees
• Typically use their debit card for day-to-day transactions 
• Prefer to bank with an established "name" financial institution