Discover Bank CD Rates Bonus
Discover Bank is giving a bonus of $50 for just opening a new CD account online. Between now and February 28, 2009, all you have to do is open a new CD account. Keep in mind that the minimum of $10,000 will be required to open this Certificate of Deposit. Discover Bank will then proceed to credit your account with $50 shortly after opening.
It is important that you use the following code to receive the deal on this offer when signing up. You must enter Offer Code D100819 on the online form.
The following are also requirements in order to receive this deal. The offer is good through February 28, 2009. To earn the cash offer, a minimum deposit of $10,000 in new funds must be received by March 15, 2009 and those funds must remain on deposit for at least 90 days. The cash offer will be credited to your Discover Bank account 4 to 6 weeks after the 90-day period. Offer limited to one per customer and not applicable for accounts opened via phone or mail.
Currently Discover bank offers a 3.70% APY return on their 5 year CD, and for shorter terms their jumbo rates are slightly higher. They also exceed the national average for Bank CD rates according to the chart shown on their website.
If you have any other questions feel free to get in touch with a Discover Bank representative.
