Minimum deposit $2,500. Range of CD terms 3 months to 10 years. Early withdrawal penalty See early withdrawal penalties by bank. Other fees None, which is common for CDs. Grace period See grace periods by bank. This period is the time between a CD’s maturity date and its automatic ren...
$1 minimum deposit No fees 24/7 online access to funds FDIC insuredCertificate of Deposit (CD)For CDs, you must deposit a fixed amount of money for a fixed amount of time.There are a few key factors to consider when deciding on a CD: the term length, the minimum deposit, and th...
note that minimum deposits can vary depending on the financial institution. There is no minimum deposit required to open a Discover®CD. You have 45 days after opening the CD to fund the
Minimum deposit requirements.When you consider how to open a CD account, you should note that some CDs have a minimum funding requirement, and you’ll need to deposit at least that much money to open a certificate of deposit. Early withdrawal penalty.CDs have a fixed term in which the owne...
You can take out a CD for as little as three months or as long as 10 years. The minimum deposit is $2,500, and the interest rates increase the longer you lock your money into a CD. Discover Bank has very competitive CD rates based on what I have seen on Bankrate and a few other...
Certificate of Deposit (CD)No Money Market Account (MMA)No Savings AccountYes Checking AccountYes Anonymous account holder September 13, 2024 You don't have to have a minimum balance and online bank. See less Score by category Amount of fees5/ 5 ...
No fees.Discover Bank's checking account boasts no fees—no monthly minimum fees or fees for insufficient funds. Plus, you won’t get dinged with a charge for returned items, or should you close your account. Additionally, there is no minimum deposit to open a CD. ...
However, it has one of the highest minimum opening deposits we’ve seen. You’ll have to shell out a minimum of $0 to open a CD. Discover Bank standard CD features Minimum opening deposit $0 Early withdrawal penalty (terms less than 1 year) 3 months simple interest Early withdrawal ...
There is no minimum deposit requirement but there are penalty fees for removing funds before the agreed-upon maturity date. DISCOVER CD EARLY WITHDRAWAL PENALTIES Term < 1 year 1 year to < 4 years 4 years to < 5 years 5 years to < 7 years ...
12-month CD. Discover offers one of the best APYs for a 12-month CD. There is no minimum opening deposit required. Discover credit cards. Discover® Bank offers some popularcredit cards, all with no annual fee. You can find a wide array of options, including credit cards for cash back...