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Kick-start your savings with a $150 or $450 with Discover when you deposit $15000 to $35,000

+22 Deal Score
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Discover bank is offering $150 - $450 First-time savings customers when you deposit $15,000 to $35,000

*To get your $150 or $450 Bonus: What to do: Apply for your first Discover Online Savings Account, online, in the Discover App or by phone. Enter Offer Code BONUS1022E 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 $35,000 to earn a $450 Bonus. Deposit must be posted to account within 30 days of account open date. Maximum bonus eligibility is $450.
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 11/8/2022, 11:59 PM ET. Offer may be modified or withdrawn without notice.

https://www.discover.com/online-b...k_loc=BODY
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Joined Jan 2018
L2: Beginner
> bubble2 27 Posts
54 Reputation
RickK5000
10-29-2022 at 06:24 PM.
10-29-2022 at 06:24 PM.
Quote from ndj123 :
Its not really clear how long we need to keep cash there "Bonus will be credited to the account within 30 days of the account qualifying for the bonus" - this could mean within 30 days AFTER account qualifies, i.e. AFTER holding cash there for x days.

Anybody has link to more precise offer terms?

Received the $450 bonus in a day.
Reply
Joined Nov 2013
L6: Expert
> bubble2 1,637 Posts
47 Reputation
ndj123
10-30-2022 at 06:03 PM.
10-30-2022 at 06:03 PM.
Anybody moved cash out of discover account already? (after receiving bonus)
Any issues?
I know you technically can, still wonder
Reply
Joined Nov 2013
L6: Expert
> bubble2 1,637 Posts
47 Reputation
ndj123
10-30-2022 at 06:08 PM.
10-30-2022 at 06:08 PM.
Quote from confusedpal :
Yes I had a credit card but not a savings account. It came the day after the $35k hit the account.
Thanks. Email you received about holding would be helpful for everybody (without personal stuff of course).
I guess its common believe now one doesn't need to hold cash, don't understand how your case is different...
Reply
Joined Jun 2013
L7: Teacher
> bubble2 2,205 Posts
240 Reputation
koge811
10-30-2022 at 06:19 PM.
10-30-2022 at 06:19 PM.
so 1 % return
1
Reply
Joined Jan 2007
EEEEZZZZZ
> bubble2 8,152 Posts
1,035 Reputation
dadab
11-01-2022 at 03:49 PM.
11-01-2022 at 03:49 PM.
Wow, if you ever had a discover account in your lifetime, you're not eligible. Sounds like a dumb business practice.
Reply
Joined Jun 2015
L4: Apprentice
> bubble2 408 Posts
141 Reputation
badger1440
11-02-2022 at 10:20 AM.
11-02-2022 at 10:20 AM.
Quote from ndj123 :
Anybody moved cash out of discover account already? (after receiving bonus)
Any issues?
I know you technically can, still wonder
Yes I drew the money the day after the bonus posted, drew all but $50, and today it cleared my Ally account Yes the bonus and all my original funds moved. I choose to keep $50, as a buffer. I drew that out today, plus about $7 interest.

I opened my wifes account this am, and added the funds from Ally into her new Discover account. All went well for her account, it shows she qualified for the bonus $450.

We will close both accounts after her bonus arrives and the money is moved out of Discover. Then it will be who's next ?
Reply
Joined Jun 2016
L3: Novice
> bubble2 152 Posts
95 Reputation
sabby007
11-02-2022 at 11:20 AM.
11-02-2022 at 11:20 AM.
I applied and uploaded the documents with notary. Now they are saying they will take 3 weeks to review and by that time I will miss the bonus window…
Any suggestions?
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Joined Jun 2015
L4: Apprentice
> bubble2 408 Posts
141 Reputation
badger1440
11-03-2022 at 08:28 AM.
11-03-2022 at 08:28 AM.
Discover just changed their interest rate to 2.75%, the email just hit my inbox right now.
Reply
Joined Feb 2011
L4: Apprentice
> bubble2 498 Posts
168 Reputation
jcrmrr
11-03-2022 at 09:17 AM.
11-03-2022 at 09:17 AM.
I just opened an account yesterday. Kinda bummed that discover doesn't allow direct transfers from penfed. I'll have to set up with penfed for external transfer to discover and I've been having issues with them.
Reply
Joined Aug 2010
B!tch Please
> bubble2 6,107 Posts
625 Reputation
Truth-Serum
11-04-2022 at 01:44 AM.
11-04-2022 at 01:44 AM.
Is there a way to check if I had discover savings before? Not sure if I had checking or savings a couple years back.
Reply
Joined Aug 2010
B!tch Please
> bubble2 6,107 Posts
625 Reputation
Truth-Serum
11-04-2022 at 01:45 AM.
11-04-2022 at 01:45 AM.
Quote from jcrmrr :
I just opened an account yesterday. Kinda bummed that discover doesn't allow direct transfers from penfed. I'll have to set up with penfed for external transfer to discover and I've been having issues with them.

Routing number and account number is all you need
Reply
Joined Jan 2015
peeing outdoors
> bubble2 1,888 Posts
939 Reputation
khronos
11-04-2022 at 03:33 AM.
11-04-2022 at 03:33 AM.
Quote from Truth-Serum :
Is there a way to check if I had discover savings before? Not sure if I had checking or savings a couple years back.

Same here. It was before I started keeping a file of accounts
Reply
Joined Jan 2010
L4: Apprentice
> bubble2 306 Posts
117 Reputation
swooshrc
11-04-2022 at 12:12 PM.
11-04-2022 at 12:12 PM.
As reported by many, received the $450 bonus the next day
Reply
Joined May 2017
404 Not Found
> bubble2 260 Posts
304 Reputation
Khanjani
11-06-2022 at 06:17 PM.
11-06-2022 at 06:17 PM.
For anyone wondering if they will get the bonus because of an old account/IRA account etc. I just tried to open a new account using this promo and after entering the promo code and promo code verification, on the next page I got the following error:

"Our records show that you are ineligible for this promotion because you have opened a similar account in the past."

I might be wrong but the fact that this check exists tells me something. So, I assume if you get past this step you should be getting the bonus.
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Joined Dec 2012
L7: Teacher
> bubble2 2,386 Posts
2,172 Reputation
Expert
This user is an Expert in Computers
coolchicagoguy
11-07-2022 at 04:46 PM.
11-07-2022 at 04:46 PM.
I opened the account and then saw this deal. Called Customer Service 5 days after account opening and they were able to add the promo code to the account. I am told it would take a couple of weeks for the bonus to be deposited. But, CS confirmed that the promo code is applied.
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