Discover Bank lowers the rates of their Online Savings Account, Money Market Account, and 4 CDs.
Discover Bank rates (APY) as of 12-18-2024 include:
Online Savings Account @ 3.75% (was 3.90%)
Money Market Account [$100k and over] @ 3.65% (was 3.75%)
Money Market Account [under $100k] @ 3.60% (was 3.70%)
6-month CD @ 3.70% (no change)
9-month CD @ 3.80% (no change)
1-year CD @ 4.00% (was 4.10%)
18-month CD @ 3.80% (no change)
2-year CD @ 3.50% (was 3.60%)
30-month CD @ 3.40% (was 3.50%)
3-year CD @ 3.40% (was 3.50%)
4-year CD @ 3.40% (no change)
5-year CD @ 3.40% (no change)
7-year CD @ 3.40% (no change)
10-year CD @ 3.40% (no change)
For more information regarding all Discover Bank products see:
https://www.discover.com/online-banking/money-market/