Chime vs Discover Bank

	Chime	Discover Bank
		Member FDIC
	Learn More	Visit Site
	SPECIAL OFFER Get Started - Learn More Read Chime Review	SPECIAL OFFER Online Savings Account - Earn 4.25% APY - Learn More Read Discover Bank Review
	Benefits and Features
Savings	2.00% Annual Percentage Yield (APY).	4.25% APY
CD		2.00% to 4.70% APY depending on terms. $2,500 minimum
Checking	No monthly service fee; no minimum balance; no overdraft fees; no foreign transaction fees	Cashback Debit Account: 1% cash back on up to $3,000 in debit card purchases each month. See website for details
Monthly Fee	$0
Money Market		4.00% APY under $100,000; 4.05% APY $100,000 or more. $2,500 minimum deposit.
Minimum Deposit to Open	$0
Mobile App	iOS & Android
ATMs	Over 60,000 fee-free MoneyPass, Allpoint, and Visa Plus Alliance ATMs	Over 60,000 no-fee ATMs
Customer Service	24/7	24/7
IRA CD		12-month CD APY of 4.70%. 18-month CD APY of 4.40%. 24-month CD APY of 4.00%. 5-year CD APY of 3.75%.
Locations	Online only	Online Only
	CreditDonkey® Reviews

Savings
Checking
Mobile App
Customer Service
Money Market
Pros & Cons	Pros: No account fees Get paycheck 2 days early Up to $200 overdraft coverage Cons: Hard to deposit cash	Pros: High yield No fees 24/7 customer service Cons: No interest checking $2,500 minimum deposit for CDs
Bottom Line	Read full review	Solid online bank with high APY rates and good customer service... Read full review
	Learn More	Visit Site
	Get Started Refer a Friend and Get $100 Chime Second Chance Banking	Online Savings Account - Earn 4.25% APY Online Checking Account - Earn Cash Back Discover® Cashback Checking – Up to $30/Month Cashback
Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details. Chime: Chime is a financial technology company, not a bank. Banking services provided by, and debit card issued by, The Bancorp Bank or Stride Bank, N.A.; Members FDIC. Discover Bank: Pricing information and data points from published website as of 04/09/2024.

Member FDIC

Online Savings Account - Earn 4.25% APY

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No fees
No minimum opening deposit
No minimum balance required

Member FDIC

Online Checking Account - Earn Cash Back

1% cash back on up to $3,000 in debit card purchases each month. See website for details
No fees
Early Pay - Get your paycheck up to two days early with no charge
No credit impact - You can apply without affecting your credit score.
Access to over 60,000 no-fee ATMs in the U.S.

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Member FDIC

Discover® Cashback Checking – Up to $30/Month Cashback

Earn 1% cash back on up to $3,000 in debit card purchases each month, for a total of up to $30 cashback per month. Discover Cashback Debit checking account has no minimum balance requirement, no fees, and free online bill pay. See website for details.

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Discover Savings Review

Discover® Bank offers high interest rates on its online savings and CD accounts. But there are downsides. Here's what you need to know before you open an account.

Discover Savings

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