Chime vs Discover Bank
Chime is a banking app that offers an online account with early paycheck access and credit builder features. How does it compare to Discover Bank? Read our comparison chart below.
 | ||
| Learn More | Visit Site | |
Chime | Discover Bank | |
|---|---|---|
Get Started - | Online Savings Account - Earn 3.40% APY - | |
Benefits and Features | ||
| Savings | 1.25% Annual Percentage Yield (APY).
 | |
| CD | 2.00% to 4.00% APY depending on terms | |
| Checking | No monthly service fee; no minimum balance; no overdraft fees; no foreign transaction fees | |
| Monthly Fee | ||
| Minimum Deposit to Open | ||
| Mobile App | ||
| ATMs | Over 50,000 fee-free MoneyPass, Allpoint, and Visa Plus Alliance ATMs | |
| Customer Service | ||
| Locations | ||
CreditDonkey® Reviews | ||
| ||
| Savings |  |  |
| Checking | |  |
| Mobile App | | |
| Customer Service | | |
| Money Market | | |
| Pros & Cons | Pros:
| Pros:
|
| Bottom Line | Banking app that offers an online account with early paycheck access and credit builder features... | Solid online bank with high APY rates and good customer service... |
| Learn More | Visit Site | |
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 09/30/2025. | ||
Online Savings Account - Earn 3.40% APY
- No fees
- No minimum opening deposit
- No minimum balance required
Certificate of Deposit
- 3.50% APY for 6-month term
- 4.00% APY for 12-month term
- 3.80% APY for 18-month term
- 3.60% APY for 24-month term
- 3.60% APY for 36-month term
- 3.60% APY for 5-year term
Discover® CD Rates
- No minimum opening deposit required
- No fees
- FDIC insured
| Term | CD Rates |
|---|---|
| 3 Months | 2.00% APY |
| 6 Months | 3.50% APY |
| 9 Months | 3.50% APY |
| 1 Year | 4.00% APY |
| 1.5 Years | 3.80% APY |
| 2 Years | 3.60% APY |
| 2.5 Years | 3.60% APY |
| 3 Years | 3.60% APY |
| 4 Years | 3.60% APY |
| 5 Years | 3.60% APY |
| 7 Years | 3.50% APY |
| 10 Years | 3.50% APY |
Which is Better: Chime or Discover Bank?
Still need help deciding which bank reviews & deals is better? Read the in-depth reviews below. You may also be interested in comparing Chime or Bank of America.
In short: Chime's checking is excellent. Discover Bank's customer service is outstanding.
Articles on Chime
Chime
Chime has no monthly fees, so what's the catch with the app? Find out how you can get paid two days early and grow your savings.
Chime Locations
Chime is a popular fintech company with no physical branches. But how do you access your money? Keep reading to find out.
Online Banks Like Chime
Discover the best Chime competitors that can offer you better rewards and a wider range of account options.
Articles on Discover Bank
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
Make your money work with Discover® Bank high yield savings: high interest, no fees. Find out its benefits, drawbacks, and the easy way to open an account.
Discover CD Rates Reviews
Maximize returns with Discover® Bank lucrative CD rates - no hidden fees. Read this detailed review.
Discover Bank Locations
Wondering if there is a Discover® Bank near you? Read this article to find out.
Who Owns Discover
You've probably heard of Discover credit cards, but what exactly is Discover® Bank? Is it a legitimate bank? Read on for all the details.
Is Discover Bank a Good and Real Bank
Looking for a safe bank with great rates? This analysis of Discover® Bank reveals all - is it legit? Find out now.
Is Discover Savings Worth It
Is your money secure in a high-yield Discover® savings account? Get your answers now.
Which Do You Think is Best?
Which Bank Account is Right for You?
You Might Also Like
Quontic Bank Review
Quontic Bank aims to provide a better experience (and rewards) for those underserved by traditional banks. Review the rates, fees, and customer reviews.
Next Page: Chime
