Discover Bank Savings Bonus 2017
Discover Bank is once again offering a $100 bonus for signing up for their online savings account. This offer doesn’t appear to be targeted and should be available to anyone who has never had a Discover Savings account.
$100 bonus when you open a new account with at least $15,000.
- Apply by 1/31/17.
- Deposit at least $15,000 by 2/15/17.
- Offer not valid for existing or prior Discover savings customers.
- Account must be open when bonus is credited. Bonus will be credited to the account by 2/28/17.
- Bonus is considered interest and will be reported on IRS Form 1099-INT.
- Offer may be modified/ withdrawn without notice.
Need to Know
If you apply through this link, the promotion code (SAVE12D3) should auto-populate on the application. You will need to go through the screen where you enter your name, address, social security number, etc. Once you reach the funding page it should look like this:
If for some reason the code doesn’t auto-populate then fill it in. Once you click “Apply” you will see confirmation that the code has been added to your application.
Discover has run this promotion in the past with a lower deposit requirement, but that hasn’t been for awhile. Yes, this money is taxable, but considering you have to keep it in the account for less than a month, the interest earned may be worth it. I like these Discover Bank promotions since they don’t require you to jump through any hoops. Simplicity has value.
If you have never had a Discover Savings account before and are looking for a way to put your liquid money to work, this new Discover Bank Savings Bonus 2017 may be the right deal for you. You may be able to hold out for a deal with a lesser deposit requirement, but of course there is no guarantee of that. Happy saving!
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