The issuer took first place in both the J.D. Discover Bank Cashback Checking Review. Share. show more . Discover's customer service team is awesome! Discover's customer service reps are 100% US-based. Overall, Discover receives high customer satisfaction ratings. 4.8 Average of 30956 Reviews. I love Discover Bank. 7 Reasons to Consider Student Loan Consolidation . (I set up the account at 11:00pm on a Sunday and had no problem getting a hold of a rep to answer my questions.) You can choose CD terms as low as 3 months for a lower APY rate or 10 years for the maximum bonus. I use them for my short term savings account and they've been a great bank. I wrote 2 checks. Discover Bank Customer Service Discover Online Banking offers 24/7 customer phone support, 365 days a year at 1-800-347-7000   —with reps based entirely in … The Customer Service reps were knowledgeable and are available 24 hours a day. Discover Bank is headquartered out of Greenwood, DE (sound familiar?). How Home Equity Can Help Pay Off Debt. By Jared Nigro November 18, 2019 Find a Bank People have known about the Discover card since its national launch in 1986 when its Super Bowl commercial announced it was the “Dawn of Discover.” Discover, however, is much more than a card today. Table notes: We surveyed 4.501 members of the general public in September 2020. Power U.S. Credit Card Mobile App Satisfaction Study. The customer service is a shock - and the escalation process does not work. Read more articles. You will speak to an actual human when you call. Discover Bank has earned an A+ rating with the Better Business Bureau (BBB) as of October 2020. Discover's Cashback Checking gives … Otherwise, Discover Bank employees will think you just want to make things up in order to get a better rate. Reply. 0. I recently opened a Discover Bank Online Savings Account after reading several reviews you had written about online savings accounts that are available. Making Your Finances Work Harder For You. Some reviews note a quick application process, however, a large amount highlight unsatisfactory rates even with excellent credit , troubling customer service, and miscommunication in which Discover requests payments even after they have already been paid. Discover Savings account reviews and complaints. s. WRITE A REVIEW GET ALERTS FOR THIS BANK. You've already flagged this Prashant Panwar 1 review. No matter what you do - you will not get your query resolved. But if … Unlike other major banks, however, it enjoys great customer reviews, an A+ from the Better Business Bureau, and a 7.4 out of 10 score with consumer review website, Trustpilot. 5 star: (70) 4 star: (71) 3 star: (21) 2 star: (15) 1 star: (49) Order by: Most Helpful | Most Recent. Discover Bank review: Competitive interest rates with 24/7 live customer service. We'll cover these details and more in this in-depth Discover high-yield savings account review. How It Works. Check your balance, pay bills, review transactions and more using the Discover Account Center, 24 hours a day, seven days a week. The overall rating of the company is 1.6 and consumers are mostly dissatisfied.. Discover Bank Cashback Checking is offered by Discover Bank, a bank founded in 1985 and based in Greenwood, DE. As with most checking accounts, Discover Bank Cashback Checking does not pay interest. Discover Bank Reviews. I am regretting being a client of such a disorganised bank. July 14, 2020 • @sofiar9631. It's also good idea to do a scene capture of APY so you can show Discover Bank. It has a 1.36 out of 5-star customer rating on the site based on 132 reviews. Discover Bank offers two types of CD accounts: a traditional CD and an IRA CD. I’m happy I chose Discover. Discover Bank Cashback Checking is available in 50 states (and Washington, DC). Discover Bank Online Savings Account is offered by Discover Bank, a bank founded in 1985 and based in Greenwood, DE. You'll also find traditional savings, money markets, and regular and IRA CDs. One … Overall, it's a very solid choice for anyone interested in making the most of their money. Although Discover personal loans do not have a large number of reviews quite yet, many reviews thus far are less than positive. Discover Bank does not charge ATM fees, but if you use an out-of-network ATM and incur a fee, the bank will not reimburse it. Your calls won't be shuffled to overseas call centers. The company is rated stable by several bond rating agencies. #1 in Banks. US Customer Service/Great Bank. Discover Bank is a subsidiary of Discover Financial Services originally established in 1911. Read Discover it reviews. Discover Bank has 24-7 customer support, including a dedicated line for fraud prevention. Reply. Discover Bank ranks 96 of 691 in Banks category. Discovery Bank - APPALLING- What an embrassment Query still not resolved. In addition to credit cards and banking, Discover offers home equity loans to qualified borrowers. But their personal loans shouldn’t be overlooked. Discover Bank was first mentioned on PissedConsumer on Jun 12, 2014 and since then this brand received 245 reviews.. It’s important to note that your money market account is subject to the same Federal Reserve regulation, which mandates certain types of telephone and electronic withdrawals, including transfers from savings accounts up to 6 per statement cycle. ", "avoid discover cards", "Dont bank … Help. Is Discover Safe? US based customer service. This Discover student loans review highlights the main features, application process and more to help borrowers decide if it’s a good fit. In the current interest rate and investment environment, however, CDs have fallen in popularity. It never fails, I can always talk to a real person within 5 minutes! The customer service has always been great and Love my cards. Unfortunately, the account doesn’t have check-writing privileges or ATM access. Discover Bank Review: Fee-Free Features Worth Checking Out Discover Bank might be the best online option for you. Chase Savings offers only 0.01% to its customers and comes with a $5 monthly service fee if you don’t meet at least one of its requirements, like maintaining a $300 minimum daily balance or having a $25 recurring monthly transfer into your account. Original review: Aug. 11, 2018. 5.0/5. Discover Bank Online Savings Account Review. Product: Discover Checking. You'll need at least $250,001 to earn the highest APY on Customer Bank's Money Market Account. Discover Bank has been operating for more than 100 years, and since 2010, it has offered private student loans to students attending more than 2,400 colleges and universities. On 03/20/2020 I just received a letter from Discover Bank. Discovery bank is a no no. Credit Cards. Discover is offering Certificates of Deposits (CDs) with rates up to 0.60% APY.This rate is higher than many other competitors in the market. Discover Home Equity Loans: Eligibility. I love Discover Bank. 0% APY. They offer the laundry list of bank products, from deposits (savings, checking, CD) to loans, credit cards, and everything else in between. This bank sucks. Customer Service. Share. Ratings Methodology . In order to qualify for a Discover home equity loan, you will need a credit score of 620 or higher with only a maximum debt-to-income ratio of 43%. Updated 03/20/2020: Discover Bank always sent me a letter after the CD was opened. APYs range from 0.35% for a 3-month CD, up to 1.80% for a 10-year CD. Discover is a bank that’s known primarily for being one of the four major card networks, alongside Visa, Mastercard and American Express. Comment. For today, we're going to … To open an account by phone, call 1-800-347-7000 All Products. They took the money then returned the money to my account and said my account is … Discover Bank, as a subsidiary of Discover Financial Services, is highly rated by every credit agency. Discover is a major credit card issuer, but its financial products and services go far beyond that. Discover Bank Online Savings Account is available in 50 states (and Washington, DC). Read honest and unbiased product reviews from our users. Discover Bank is one of the largest banks mostly known for their credit cards. 2020-10-06T16:00:00Z The letter F. An envelope. Recent recommendations regarding this business are as follows: "Pay careful attention to your statements. Money was in my account to pay my bills. It indicates the ability to … This means that if Discover defaults, the federal government guarantees the balance in your savings account, up to $250,000. Laura Grace Tarpley. Loans of up to 100% of education costs with fixed or variable rates are available. Key Takeaways. 9 Good Financial Habits to Eliminate Personal Debt. You can contact Discover Bank by calling 1-800-347-7000 and they accept general correspondence at Discover Bank, PO Box 30416, Salt Lake City, UT 84130. Discover is FDIC insured. Most of the reviews are about its credit card and loan services. Power 2019 Credit Card Satisfaction Study and the J.D. The lack of an origination fee coupled with low rates and high customer satisfaction makes them an excellent choice. Discover offers 4 different deposit account types. Breakdown. Discover Bank CD Rates Discover Bank CDs. Posted by: jamester | Jun 17, 2020. 5 Financial Resolutions That Never Work—and What to Do Instead. Discover Bank - Read unbiased reviews of Discover Bank, rated 2.3 out of 5 stars by 198 users. View Top 10 List. The IRA CD works as either a traditional or Roth IRA. show less . Discover Bank’s customer service ratings are quite good, with Discover taking third place out of seven banks in the J.D. No one has contacted me despite some "AJ" having promised. They all work in different ways. How is Discover rated? Product Name: Discover Bank Product Description: Aside from one brick-and-mortar branch, Discover Bank is an online-only bank that offers decent APYs, few fees, access to more than 60,000 ATMs, and a cashback checking account. Discover savings interest rates and fees are hard to overlook when comparing them to the signature savings accounts from America’s largest bank. Menu. Reps are available 24/7 by phone and email. Average Rating: Based on 226 review. 0. Useful. Sofia Rubin . Find helpful customer reviews and review ratings for Discover – Mobile Banking and Finance at Amazon.com.   Credit card users also seem to like Discover. These loans can be used for many purposes, including home improvement, debt consolidation, mortgage refinancing and other major expenses. I opened an account about a week ago, they randomly closed it and won’t disclose to me the reason. 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