Discover Bank CDs

A safer investment strategy than stocks and bonds are certificates of deposit or CDs. Certificates of deposit are money that has been deposited into an account for a specified amount of time and will pay a higher interest rate than most savings accounts. If you are searching for a great place for your CD investment, consider Discover Bank certificates of deposit. Discover Bank continues to provide competitive rates for their certificates of deposit and is a great choice for any investment strategy for those interested.

Discover Bank is impressive for certificate of deposits financings with choices that range from 3 months to 10 years. They have repeatedly stayed near… » Read more

Discover Bank has consistently lead other banks in terms of APY and Interest rates in their CDs. A CD, Certification of Deposit, can have a rate up to 3.00% on a 10 year term with Discover. The national average stands at 2.02% APY and Discover’s APY towers at 3.00%.  This means that at a deposit of $25,000,  in 5 years, Discover will yield almost $29,000 and at the national average, it is about $27,800. On their website, Discover has a rate chart that provides the opportunity for you to see your own money grow according to the time period and deposit. It’s convenient and allows you to see what your money could do for you… » Read more