Slow Transfers + 100K Limit A Month To Get Money Out

American Express Bank (similar rates as Discover Bank) - you initiate an external transfer and the money is in your account the next day.


Discover Bank - you initiate an external transfer and it takes a week to get the money out.


Discover also limits your withdrawals to 100K PER MONTH.  Usually you have limitations like this per day...but per month?  Useless!  If you reach the 100K limit when transferring money TO Discover, then a phone call to them can have them override the restriction.  But to get $ out, they say they have to follow the rules.  The only exception to that is if you close your account - which is kind of odd since that lets you transfer 100K out without any problems.

Although this started out as a great experience turned into a bad one given the two issues recently faced...American Express Bank is the way to go when compared to Discover.