Typically, CD interest rates are higher than traditional savings accounts, but as a trade-off you must keep your deposit in the 5/5. Member FDIC. 1 Year CD. % APY $ Min. Deposit. Est. Earnings Discover Bank, % APY, $2, Find out how Discover Bank CD rates compare to the competition. 1 year to less than 4 years: six months' worth of simple interest; 4 to 5. Discover Bank is offering Certificates of Deposits (CDs) with rates up to % APY. 5 Other Discover Accounts To Consider; 6 Bottom Line.
Discover bank 5 year cd rates -
Interest is compounded daily and credited to your account monthly. Online banking and mobile app are available. Compare the 6 best 5-year CDs of Provider. You can also set your interest up to transfer to a Synchrony savings account or money market account to maximize your earnings. However, once your CD matures, you can deposit additional funds once during the grace period. The bank offers CD terms from 3 months to 5 years, with APY rates that slowly grow as you get longer in term length. This table does not include all companies or all available products. We work hard to ensure our recommendations and advice are unbiased, empirical, and based on thorough research. The rates change accordingly on the type of contract. This table does not include all companies or all available products. Dividends are compounded daily and credited monthly. However, you will discover bank 5 year cd rates
a welcome kit, and you can access your account information anytime via the Account Center.