Discover has a savings account bonus that can earn you either $150 or $200. It is available nationwide to those who haven’t had an account in the past. This Discover savings account also earns a 4.35% APY. Check out the details of the offer below.
Discover Savings Bonus
To get your Bonus:
- Apply for your first Discover Online Savings Account by 3/14/24.
- Enter offer code GBPE124 when applying.
- Within 30 days, deposit a total of at least:
- $15,000 into your account to earn a $150 Bonus
- $25,000 into your account to earn a $200 Bonus.
Maximum bonus eligibility is $200 per account. Bonus will be credited to the account within 30 days of the account qualifying for the bonus. Bonus is considered interest and will be reported on IRS Form 1099-INT.
Eligibility
- Offer is available nationwide.
- 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 Fees
Discover Online Savings Account doesn’t have any monthly fees or early closing fees, but you need to have the account open when bonus posts.
Guru’s Wrap-Up
We have seen this bonus extended a few times recently. It is an easy bonus if you have the required amounts to deposit. It doesn’t have to be a direct deposit, and it doesn’t have to be deposited in one lump sum of $15K or $25K. But you need to deposit that total amount into your new account. Once you do, then you can pull the money out, since it doesn’t have any requirements to keep the money there. The account now earns a 4.30% APY, but there are much better options.
Bank bonuses are a great way to earn some extra income, often from the comfort of your home. You can take a look at my bank bonus results for 2022 where I made over $6,000. If this bonus is not for you, then you can check our full list of available bank bonuses. And, if you’re new to bank account bonuses, you can learn more about churning bank accounts here.
?Link & Key Details
- OFFER PAGE
- Bonus: $150/$200
- Promo Code: GBPE124
- Account Type: Online Savings Account
- Availability: Nationwide
- Inquiry Type: Soft pull
- Credit Card Funding: No
- Direct Deposit Requirement: No
- Other Requirements: Deposit $15K/$25K within 30 days
- Monthly Fee: None
- Closing Account Fee: Must be open to get the bonus
- Expiration Date:
6/1/2012/15/213/30/226/15/2212/15/229/14/2339/14/24
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