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.
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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 | ||
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Savings | ![]() ![]() ![]() ![]() ![]() | ![]() ![]() ![]() ![]() ![]() |
Checking | ![]() ![]() ![]() ![]() ![]() | ![]() ![]() ![]() ![]() ![]() |
Mobile App | ![]() ![]() ![]() ![]() ![]() | ![]() ![]() ![]() ![]() ![]() |
Customer Service | ![]() ![]() ![]() ![]() ![]() | ![]() ![]() ![]() ![]() ![]() |
Money Market | ![]() ![]() ![]() ![]() ![]() | |
Pros & Cons | Pros:
| Pros:
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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.