Discover Bank vs Capital One
Discover Bank is a solid online bank with high APY rates and good customer service. How does it compare to Capital One? Read our comparison chart below.
Discover Bank offers some of the highest interest rates on the market. CDs go up to 10-year terms. There are no service fees.
While Capital One offers competitive rates on their savings account. Their interest checking has several overdraft options in cases of accidental overdraw. There are no minimum deposits or service fees.
Compare Discover Bank with Capital One, side-by-side. Read on for an in-depth look, including ratings, reviews and pros.
 | ||
| Visit Site | Learn More | |
Discover Bank | Capital One | |
|---|---|---|
Online Savings Account - Earn 3.40% APY - | Personal Savings Account - $1,500 Bonus - | |
Benefits and Features | ||
| Savings | ||
| CD | 2.00% to 3.85% APY depending on terms | 3.50% to 3.85% APY. Terms of 6 months to 5 years. 12-month CD APY of 3.85% |
| Checking | ||
| Mobile App | ||
| ATMs | over 70,000 no-fee Capital One, MoneyPass, and Allpoint ATMs | |
| Customer Service | Phone: 800-655-2265 Monday - Sunday: 8AM - 11PM (ET) | |
| Locations | ||
CreditDonkey® Reviews | ||
| ||
| Savings |   |  |
| Checking | | |
| Money Market | | |
| Mobile App | | |
| Customer Service | | |
| Pros & Cons | Pros:
| Pros:
|
| Bottom Line | Solid online bank with high APY rates and good customer service... | Good online bank with access to in-person support... |
| Visit Site | Learn More | |
Blank fields may indicate the information is not available, not applicable, or not known to CreditDonkey. Please visit the product website for details. Discover Bank: Pricing information and data points from published website as of 10/23/2025. Capital One: Pricing information from published website as of 10/23/2025. | ||
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
- 3.85% APY for 12-month term
- 3.70% APY for 18-month term
- 3.50% APY for 24-month term
- 3.50% APY for 36-month term
- 3.50% 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 | 3.85% APY |
| 1.5 Years | 3.70% APY |
| 2 Years | 3.50% APY |
| 2.5 Years | 3.50% APY |
| 3 Years | 3.50% APY |
| 4 Years | 3.50% APY |
| 5 Years | 3.50% APY |
| 7 Years | 3.50% APY |
| 10 Years | 3.50% APY |
Which is Better: Discover Bank or Capital One?
Still need help deciding which bank reviews & deals is better? Read the in-depth reviews below. You may also be interested in comparing Discover Bank or Wells Fargo.
In short: Capital One's checking is outstanding.
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 Online Savings Account Review
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 Review
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.
Articles on Capital One
Capital One 360
Capital One 360 offers free checking and savings accounts with competitive APY rates. Does it live up to its claims? Find out if it's right for you.
Capital One Money Teen Checking Account Review
Is Capital One a good bank for your teenager? Here are the pros, cons, and fees of a Capital One Money Teen Checking account.
Capital One Savings Account Bonus
Looking for a Capital One savings bonus? Read on to see the available promos today and how to qualify for them.
Capital One CD Rates
Interested in Capital One 360 CDs? Here are their rates and how to open one.
Capital One High Yield Savings Review
Want to grow your funds passively? Capital One offers a high-yield savings account with a solid APY and easy accessibility. Read on to find out more.
Capital One Checking Account Bonus
Curious about Capital One promotions? Discover their latest checking bonuses, how to qualify, and more to optimize your rewards.
Capital One Bank Hours
Capital One Bank is open 6 days a week. Take a look at their operating hours.
Capital One Routing Number
What is the routing number for Capital One? Find the right one for your account with our guide.
Which Do You Think is Best?
Which Bank Account is Right for You?
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