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Discover Savings Deposit $15,000/25,000 to earn $150/200

+6 Deal Score
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Google "discover savings promo", and the very top should be the offer, which states:
Quote :
*To get your $150 or $200 Bonus: What to do: Apply for your first Discover Online Savings Account (online, by phone or Discover App) Enter Offer Code GOBR622 when applying. Deposit into your account a total of at least $15,000 to earn a $150 Bonus or deposit a total of at least $25,000 to earn a $200 Bonus. Deposit must be posted to account within 30 days of account open date. Maximum bonus eligibility is $200.
Quote :
What to know: 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 must be open when bonus is credited. Bonus will be credited to the account within 30 days of the account qualifying for the bonus. Bonus is interest and subject to reporting on Form 1099-INT. Offer ends 09/15/22, 11:59 PM ET. Offer may be modified or withdrawn without notice.
I am not able to get a clean URL, but it is easy enough to get the offer. The deposit does not need to be direct deposit from employer. An external transfer from other banks or internal transfer from Discover Checking will do. The offer states the bonus will be deposited in 30 days, but in my and my friend's experience, the money was credited the second day my ACH went through.

The APY is low, but it is much better than other big banks. I am actually keeping my money there.





https://www.discover.com/online-b...s-account/
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Created 06-21-2022 at 05:36 PM by sunjayw
in Finance
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Joined Jul 2020
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CleverCarpenter979
06-21-2022 at 06:01 PM.
06-21-2022 at 06:01 PM.
Better interest than banks but if you can hold it for a year I bonds are at like 9.5% right now
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bluekiwi
06-21-2022 at 06:41 PM.
06-21-2022 at 06:41 PM.
Does the account have to stay open for a minimum period of time after bonus given?
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Joined Nov 2015
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Original Poster
sunjayw
06-21-2022 at 07:31 PM.
06-21-2022 at 07:31 PM.
Quote from bluekiwi :
Does the account have to stay open for a minimum period of time after bonus given?
I actually called in, and the representative said I am welcome to take the money out once the bonus is posted.
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Joined Nov 2015
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Original Poster
sunjayw
06-21-2022 at 07:32 PM.
06-21-2022 at 07:32 PM.
Quote from CleverCarpenter979 :
Better interest than banks but if you can hold it for a year I bonds are at like 9.5% right now
I agree. I maxed out the 10k limit.
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Joined Jun 2019
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CleverChicken951
06-22-2022 at 11:44 AM.
06-22-2022 at 11:44 AM.
Coupon code: SAVEQ222E1
Expires 6/30/2022

Copy/paste below:

1. To get your $150 or $200 Bonus:

What to do: Apply for your first Discover Online Savings Account, online, in the Discover App or by phone. Enter Offer Code SAVEQ222E1 when applying. Deposit into your account a total of at least $15,000 to earn a $150 Bonus or deposit a total of at least $25,000 to earn a $200 Bonus. Deposit must be posted to account within 30 days of account open date. Maximum bonus eligibility is $200.

What to know: 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 must be open when bonus is credited. Bonus will be credited to the account within 30 days of the account qualifying for the bonus. Bonus is interest and subject to reporting on Form 1099-INT. Offer ends 06/30/2022, 11:59 PM ET. Offer may be modified or withdrawn without notice.

2. Earn Over 5X National Savings Average: The Annual Percentage Yield (APY) for the Online Savings Account as of 05/04/2022 is more than five times the national average APY for interest bearing savings accounts with a balance of $500 as reported by Curinos as of 05/04/2022. National average is based on information regarding the top 50 banks (by deposit size) and may not include information from variations in regional pricing at such banks or information from products that may not be widely available to their customers. Rates were obtained from Curinos, who relies on the data from the banks it tracks and such information cannot be guaranteed.

APYs are subject to change at any time before or after the account is opened. The Annual Percentage Yield (APY) for the Online Savings Account is 0.60%, accurate as of 05/04/2022 and is subject to change at any time. Applies to personal accounts only. No minimum deposit to open.

3. Outgoing wire transfers are subject to a service charge.
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CleverChicken951
06-22-2022 at 11:50 AM.
06-22-2022 at 11:50 AM.
FWIW
Online savings account with 'First Foundation Bank' is offering 1.65%, highest rate I noticed for the moment

Link below, if SD allows:
https://www.investopedia.com/best...ts-4770633
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Joined Nov 2015
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Original Poster
sunjayw
06-22-2022 at 05:27 PM.
06-22-2022 at 05:27 PM.
Quote from CleverChicken951 :
FWIW
Online savings account with 'First Foundation Bank' is offering 1.65%, highest rate I noticed for the moment

Link below, if SD allows:
https://www.investopedia.com/best...ts-4770633 [investopedia.com]
Great find! Thank you.
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someoneslick
06-23-2022 at 09:55 PM.
06-23-2022 at 09:55 PM.
Tempted to do this and also find a good credit card promo also to make up for stupidly losing a ton sports betting lately.

I would do multiple checking or savings account promos, but I assume it would get people suspicious you're up to something?

I know someone who got something in the mail from a diff bank where all he ahs to do is deposit like $1k to get $400! SO way better than this, but I keep not getting one.
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CleverChicken951
06-24-2022 at 12:44 PM.
06-24-2022 at 12:44 PM.
Quote from someoneslick :
Tempted to do this and also find a good credit card promo also to make up for stupidly losing a ton sports betting lately.

I would do multiple checking or savings account promos, but I assume it would get people suspicious you're up to something?

I know someone who got something in the mail from a diff bank where all he ahs to do is deposit like $1k to get $400! SO way better than this, but I keep not getting one.

Unless someone is making a living on these promotions, it maybe to sign up handful of these.
As such, toā€‹ each his own.
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Joined Dec 2014
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someoneslick
06-24-2022 at 01:10 PM.
06-24-2022 at 01:10 PM.
Quote from CleverChicken951 :
Unless someone is making a living on these promotions, it maybe to sign up handful of these.
As such, toā€‹ each his own.
I just meant it may look odd if someone opens too many checking or savings accounts in general. I wonder if you're only supposed to open x number per year or something.
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kuttaji
06-24-2022 at 03:25 PM.
06-24-2022 at 03:25 PM.
Vanguard mm is 1.3%
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looktar
06-24-2022 at 04:26 PM.
06-24-2022 at 04:26 PM.
In addition to the ibonds, treasurydirect also has notes for 52 weeks that I think offered more than 3% last auction, but there is no way to redeem those early I think.
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bloodshot2k
06-26-2022 at 02:41 PM.
06-26-2022 at 02:41 PM.
What a waste of time
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Fanime
06-26-2022 at 02:49 PM.
06-26-2022 at 02:49 PM.
Easiest and fastest bonus ever. Too bad you can't churn Discover savings bonuses.
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