Are you looking for ways to grow your savings account? Discover Savings Account Bonus might be the right solution for you. With the ever-increasing cost of living, every penny counts. Earning a bonus can go a long way in helping you achieve your financial goals. This article will explain the Discover Savings Account Bonus and how to use it.
What is Discover Savings Account Bonus?
Discover Savings Account Bonus is an incentive program Discover Bank offers to attract new customers and encourage existing ones to save more. When you open a Discover Online Savings Account, you can earn a bonus of up to $200. This bonus is available to new customers who meet certain requirements.
How to qualify for the Discover Savings Account Bonus
To qualify for the Discover Savings Account Bonus, you must meet the following requirements:
- Open a new Discover Online Savings Account by the expiration date stated in the offer.
- Use the offer code when you apply for the account.
- Deposit a minimum of $25,000 for the $200 bonus or $15,000 for the $150 bonus into your account by the expiration date stated in the offer.
- Maintain the minimum deposit for at least 90 days after the funding date.
How to apply for the Discover Savings Account Bonus
Applying for the Discover Savings Account Bonus is a straightforward process. Follow these simple steps:
- Go to the Discover Bank website and click the “Open an Account” button.
- Choose the type of account you want to open.
- Fill out the required information.
- Enter the offer code in the “Promo Code” box.
- Fund your account with the required amount.
- Wait for the 90 days to end before withdrawing any money.
Discover Savings Account Bonus FAQs
- Can I still earn interest on my savings account while I wait for the 90 days to end? Yes, you will earn interest on your account balance during the 90-day waiting period.
- Can I withdraw money from my account during the 90-day waiting period? Yes, you can withdraw money from your account, but you will not be eligible for the bonus if you do so.
- Can I open multiple Discover Online Savings Accounts to earn multiple bonuses? No, you can only earn one bonus per account.
- How long will I receive the bonus after I meet the requirements? You will receive the bonus within 8 weeks after the end of the 90 days.
- Is the Discover Savings Account Bonus available in all states? No, the offer is only available to residents of the United States.
- What happens if I close my account before the end of the 90 days? If you close your account before the end of the 90 days, you will not be eligible for the bonus.
In conclusion, Discover Savings Account Bonus is an excellent opportunity to earn extra money while you grow your savings. Following the steps outlined in this article, you can take advantage of this incentive program and achieve your financial goals faster. Remember to read the terms and conditions of the offer carefully before applying. Good luck and happy saving!