Discover Online Savings Account

High-Yield Savings

SavingsAvailable nationwide36 days left

Short 30-day lockup makes this one of the best effective-APY plays on the board.

Your personalized eligibility

Check eligibility

Set up your profile to check eligibility

Add your state, bank relationships, and bonus history to see which rules could disqualify you.

Requirements at a glance

Direct deposit minimum: Not required
Balance requirement: $25,000
Minimum holding period: 30 days
Estimated effort: Very low effort
Monthly fee: No monthly fee
Offer expires: 12/15/2026

Fee waiver: No fees on Discover Online Savings.

Step-by-step qualification

1Open a Discover Online Savings Account with the offer code.
2Deposit $25,000 within 45 days of opening.
3Hold the balance for 30 days after funding.

Payout timeline

Day 0-45
Deposit window.
Day 45-75
30-day holding period.
Day 90
Bonus credited.

Fine print traps to avoid

One bonus per customer, ever.
Existing Discover deposit customers are excluded.
Bonus is taxable interest.